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Concepts and definitions

Expenditure of foreign sea transport

Expenditure paid to abroad by enterprises engaged in foreign sea transport. The expenditure comprises fuel costs, port charges, purchases of supplies for on-board restaurants and shops, repair costs, insurance costs, time charter charges and other traffic costs (e.g. pilotage, control and inspection charges). The expenditure comprises payments to abroad made by both Finnish vessels and by vessels time-chartered from abroad.

Finnish vessel

A vessel with a length of at least 15 metres registered in Finland.

Gross income from freight

In foreign sea transport refers to the income an enterprise receives from the transport of goods and passengers in foreign sea transport, proceeds from sales of on-board restaurants and shops, other income (e.g. those of the purser's office) and income from vessels time chartered abroad. The income (excl. income from time charter) can be received from a domestic or foreign party. Comprises income from both Finnish vessels and from vessels time chartered from abroad.

Income from time charter

Income obtained when a vessel is chartered to a carrier for a specified time period. In foreign sea transport, the income a Finnish enterprise receives for time chartering, or hiring, its vessel abroad for a specified time period.

Income of foreign sea transport

Income which an enterprise receives for transporting goods and passengers in foreign sea transport, as sales proceeds from on-board restaurants and shops, other income (incl. those of the purser's office) and income from time charter abroad. The income (excl. income from time charter) may come from a domestic or a foreign party. The income comprises the income of both Finnish vessels and of vessels time chartered from abroad.

Vessel time chartered from abroad

A vessel registered abroad which a Finnish enterprise has time chartered (hired) for its own use.