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CALCULATION OF VESSEL EXPERIENCE FACTOR

PARAMETERS IN DETERMINING THE V.E.F.

The V.E.F. is a computation of the history of the T.C.V. vessel measurements, adjusted for OBQ or ROB, compared with the TVC shore measurements. Separate VEFs should be developed for both the load and discharge operations. Information used to calculate a VEF should preferably be based on documents that follow accepted industry standards and practices such as inspection company reports . Whenever possible manual measurements should be used for volume determinations. Automatic gauging systems with accuracy measurements tolerance equal to or better than those of manual measurements may be used for custody transfer by mutual agreement between all interested parties .All calculations procedures, such as those for temperature, volume,correction factor, ROB, OBQ, wedge, or trim factor, must be consistent. DO NOT USE LONG OR METRIC TONS. Quantities shall be expressed in either barrels or cubic meters at standard temperatures, but shall not be combined. Information from all load or discharge terminals should be used to calculate the respective VEFs. If the information is available the VEF can be based on the data from the same load or discharge terminal. Only voyages that qualify should be used in the computation of a VEF. A minimum of five qualifying voyages is needed to calculate a VEF , however , a larger number is desirable . The definition of a QUALIFYING VOYAGE is one that meets the following criteria . 1. Any voyage that is within + or - 0,0030 of the average ratio of all voyages listed. ( as an example, if the average of all voyages listed is 1,00105, all voyages within the range from 0,99805 through 1,00405 would qualify ) 2. Excludes all voyages prior to any structural modification which affected the vessel's cargo capacity. 3. Excludes load or discharge data where shore measurements were not available. The VEF should be calculated to five decimals places .
TO COMPARE VESSEL AND SHORE VOLUMES , DIVIDE VESSEL VOLUME BY VEF

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