Various Rule: Onhire Days

The on-hire days rule calculates the total various amount similar to the Voyage - Per Day rule, but instead of using total voyage days, the days excluding total downtime intervals are utilized:

$$Amount = (Total Voyage Days - Total Offhire Days) \times Rate$$

For example, consider a voyage with port calls A and B that takes 10 days in total. Assume the following downtime intervals are recorded:

• Port Call A: 1 day

• Port Call B: 2 days

Total offhire time is 1 + 2 = 3 days, so the onhire days used by the rule are 10 − 3 = 7 days.

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Important notes about the Onhire rule

• The various amount for each item is updated dynamically as the voyage or downtime days change.