Market factors are the first key input for the Wayfinder optimization engine. Wayfinder calculates your minimum total voyage cost based on the calculated cost of time and fuel.

Market factors are initially collected during onboarding and should be updated at the outset of each voyage.

Required Market Factors:

  1. Standard Fuel Cost ($/MT)
  2. ECA Fuel Cost ($/MT)
  3. EU allowance cost ($/MT CO₂)
  4. Opportunity Cost ($/Day)

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Standard Fuel Cost ($/MT): The anticipated cost of replacing the standard fuel used during this voyage

ECA Fuel Cost ($/MT): The anticipated cost of replacing any low-sulfur ECA fuel used during this voyage

EU allowance cost ($/MT CO₂): The projected cost for EU allowances (If used) through EU Emissions Trading System (ETS)

Opportunity Cost ($/Day): The daily time cost of operating the ship not including fuel. Often simplified vessel’s daily hire rate or another internal per‑day value to reflect the “value of time.”

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How to set Market Factors

Located in the Optimization Tab, market factors are a mandatory input for each voyage optimized with Wayfinder. Input costs will carry over from one voyage to the next if there are no updates made. Note: Only Operator accounts can view Market Factors; these are not visible for Captain accounts.

There are two ways to update Market Factors:

  1. Update vessel by vessel
    1. Select the vessel in Wayfinder
    2. Navigate to the Optimization tab
    3. Review & update the Market Factors

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  1. Update in bulk for fleet
    1. Navigate to Fleet View in Wayfinder
    2. Click Import Market Factors
    3. Upload CSV with most recent Market Factors

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