WHAT IS DISBURSEMENT ACCOUNT?
Disbursement account. On the ship-owner's instruction the agent in charge of the ship will have to pay, at the expense of the ship, all established duties and dues of the port as well as cover bills for work and services done on the master's demand. On the basis of the bills for the services, the agent draws a consolidated bill, which is known as disbursement account. The agent will submit this account to the ship-owner. The disbursement account should be drawn up properly and accompanied by documented proof for each item of expense.
CALCULATION OF DISBURSEMENT ACCOUNT IN ODESSA PORT:
When estimating the cost of a ship's calling at the port of Odessa to load/unload cargo, four main items are taken into consideration:
Port charges are calculated on the basis of convetional volume of the ship, which is expressed in cubic metres and is the product of the three values (the length , the width and moulded depth of the ship) which are shown in the vessel's International Tonnage Certificate (ITC) or a document replacing it.
A number of factors are also taken into account in
this calculation: the flag of the ship, its technical characteristics
and capacities, the type of cargo, the time of arriving at and departing
from the port, etc.