Question: Here is your challenge question for this week - this is based on the pricing exercise found in Transportation by Water module. Please note that

Here is your challenge question for this week - this is based on the pricing exercise found in Transportation by Water module. Please note that everyone will have a different answer as the revenue and cost in the question below will be based on your Humber ID!

Question: How many containers are required to break even on the following vessel move?

Origin: Montreal.

Destination: Antwerp.

Crew of 18.

Transit time = 6 days.

Average revenue of $ [Use Last 4 digits of your Humber number] per TEU.

Vessel capacity of 1,200 TEU.

Total ship operating cost = $[Use last 5 digits of your Humber number] per day (wages, fuel, supplies, port charges).

Vessel depreciation expense of $20,548 per day ($150M / 20 yrs / 365 days).

Vessel interest expense of $13,700 per day

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