Vessel Experience Factor (VEF)
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
The statistical method, however, is considered to be the
Which Version Should I buy?