Vessel’s age | Operations Cost p.a. m $ | Yield expected p.a. m$ | Depreciation m$ p.a. | Total cost p.a. m $ | Revenue p.a. m$ | Profit/Loss p.a. m $ |
1 | 1.10 | 1.00 | 0.80 | 2.90 | 1.60 | −1.30 |
2 | 1.15 | 0.96 | 0.77 | 2.88 | 1.60 | −1.28 |
3 | 1.20 | 0.92 | 0.74 | 2.86 | 1.60 | −1.26 |
4 | 1.25 | 0.88 | 0.70 | 2.83 | 1.60 | −1.23 |
5 | 1.30 | 0.84 | 0.67 | 2.81 | 1.60 | −1.21 |
6 | 1.35 | 0.80 | 0.64 | 2.80 | 1.60 | −1.19 |
7 | 1.40 | 0.76 | 0.61 | 2.77 | 1.60 | −1.17 |
8 | 1.45 | 0.72 | 0.58 | 2.75 | 1.60 | −1.15 |
9 | 1.50 | 0.68 | 0.54 | 2.72 | 1.60 | −1.12 |
10 low vintages | 1.55 | 0.64 | 0.51 | 2.70 | 1.60 | −1.10 total $12.01m |
11 | 1.60 | 0.60 | 0.48 | 2.68 | 1.60 | −1.08 |
12 | 1.65 | 0.56 | 0.45 | 2.66 | 1.60 | −1.06 |
13 | 1.70 | 0.52 | 0.42 | 2.64 | 1.60 | −1.04 |
14 | 1.75 | 0.48 | 0.38 | 2.61 | 1.60 | −1.01 |
15 | 1.80 | 0.44 | 0.35 | 2.59 | 1.60 | −1.00 |
16 | 1.85 | 0.40 | 0.32 | 2.57 | 1.60 | −0.97 |
17 | 1.90 | 0.36 | 0.29 | 2.55 | 1.60 | −0.95 |
18 | 1.95 | 0.32 | 0.26 | 2.53 | 1.60 | −0.93 |
19 | 2.00 | 0.28 | 0.22 | 2.50 | 1.60 | −0.904 |
20 higher vintages | 2.05 | 0.18 | 0.14 | 2.37 | 1.60 | −0.77 Total for 10 ships $9.702m |