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The gross tonnage calculation is defined in Regulation 3 of Annex 1 of The International Convention on Tonnage Measurement of Ships, 1969. [3] It is based on two variables, and is ultimately an increasing one-to-one function of ship volume: V, the ship's total volume in cubic metres (m 3), and; K, a multiplier based on the ship volume.
The 35.1 pounds is the 'theoretical" weight of the package if it had a density of 166 in 3 /lb or 10.4 lb/ft 3: (18 × 18 × 18) = 3.375 ft 3 × 10.4 lb/ft 3 = 35.1 lb. Note that for the USPS there are two different calculations for DIM weight: (L × W × H)/194 for domestic shipments and (L × W × H)/166 for international shipments.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.
vehicle-kilometre (vkm [1]) as a measure of traffic flow, determined by multiplying the number of vehicles on a given road or traffic network by the average length of their trips measured in kilometres. [2] vehicle-mile (vehicle miles traveled, or VMT [1]) same as before but measures the trip expressed in miles.
Cargo: 55,000 mtons of Barley Barley Stowage Factor (SF) about 1.47 m 3 /ton (52 ft 3 /ton) In fact, Ship B can lift 55,000 mtons 70,000/1.47= 47,500 mtons or 2,470,000/52 = 47,500 mtons (rounded) However, Ship B can only take 47,500 mtons in weight of Barley before Ship B is full and no more space is available in the Ship B's holds [3]
[1] The Federal Bridge Gross Weight Formula, also known as Bridge Formula B or the Federal Bridge Formula, is a mathematical formula in use in the United States by truck drivers and Department of Transportation (DOT) officials to determine the appropriate maximum gross weight for a commercial motor vehicle (CMV) based on axle number and spacing ...
Futures contracts and cost basis. Calculating the cost basis for futures contracts involves assessing the difference between a commodity’s local spot price and its associated futures price. For ...
The Net tonnage calculation is defined in Regulation 4 of Annex 1 of The International Convention on Tonnage Measurement of Ships, 1969. It is based on three main variables: V c, the total volume of the ship's cargo spaces in cubic meters (m³), d, the ship's moulded draft amidships in meters, and; D, the ship's moulded depth amidships in metres