Tankerman · Cargo Measurement — Vessel Experience Factor
The Vessel Experience Factor (VEF) is used to:
- ASet the crew's wages
- BRate the captain's seniority
- CCompare a vessel's historical loaded ship figures against shore figures to assess the reliability of the ship's gauging✓ Correct
- DMeasure fuel consumption
Explanation
The VEF is a statistically derived ratio from a vessel's loading history (ship volume vs shore volume). It helps custody-transfer parties judge whether a particular ship/shore difference is within the vessel's normal performance or signals a measurement error or loss.
Authority: API MPMS Ch. 17.9 (Vessel Experience Factor)
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