Crude Oil or Product Tanker Calculations   (Oil Software)  

Vessel Experience Factor (VEF) Calculations

Definition

Procedure

We have put up this MS Excel project suitable for individuals as well as organizations.

Compute using Barrels, Cubic Metres and Metric Tonnes.  (MT is rarely used).

Methods:  API, IP and Statistical.  There is not much difference in the results with the API and IP methods.  There can be a minor difference in the result between these methods and the Statistical method. 

The statistical method, however, is considered to be the most accurate.

FAQ:  Which Version Should I buy?

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PLEASE DOWNLOAD AND TEST THE PRODUCT BEFORE PURCHASING

Select Drive

Fixed Drive $15.00 USD Removable Drive $19.00 USD Network Drive $25.00 USD

Note:  The Excel projects are not dependent on the operating system (XP / Vista / Windows 7, Etc.)

Also, not dependent on MS Office version (2003 / 2007 / 2010).

• If you are using the project on a hard disk that is connected to a network (more than one PC), then you need the network version.
• If you are using the project from a pen drive (External - removable drive), you need to purchase for the removable version.
• If you are using the project from a fixed drive (your notebook or desktop hard disks that are not networked / shared to other PCs)  you should make a payment for the fixed version.

When the project opens it automatically recognizes the type of hard disk / removable disk it is installed to and whether it is a network drive or not. Then it looks for the corresponding license file. If found, the project runs OK. If not, there will be some ‘Trial’ limitations.