Tankerman · Cargo Calculations — Net Standard Volume
The Gross Standard Volume is 5,000 barrels and the sediment & water (S&W) content is 0.5%. What is the Net Standard Volume?
- A4,500 barrels
- B5,025 barrels
- C4,975 barrels✓ Correct
- D5,000 barrels
Explanation
Net Standard Volume = GSV × (1 − S&W fraction) = 5,000 × (1 − 0.005) = 5,000 × 0.995 = 4,975 barrels. NSV is the volume of merchantable oil after deducting both free water (earlier) and the suspended sediment & water.
Authority: API MPMS Ch. 12
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