FP&A · Budget control
Actual vs budget
Monthly budget control for Northwind Shipping (fictional), an 8-vessel fleet of tankers, bulk carriers and offshore supply vessels. Actuals are closed through Sep 2026. All names and figures are synthetic; the structure mirrors a real budget-control model I ran in shipping.
Outlook · Full year 2026: 9 months actual + 3 forecast
FY Net hire revenue
USD 39.84M
Budget 40.07M · −0.23M
FY Vessel operating result
USD 11.78M
Budget 12.64M · −0.86M
FY G&A
USD −2.45M
Budget −2.40M · −0.05M
FY EBITDA
USD 9.33M
Budget 10.24M · −0.91M
Monthly EBITDA · Actual (solid) and forecast (light) vs budget (dashed line)
Forecast assumptions (Oct–Dec)
- Charter rates at each vessel’s average of the last three actual months.
- Crew cost +4% over budget (wage agreement), lubricants +15% (oil prices).
- IT G&A +20% while the ERP project runs; net interest at the current USD 200k per month.
- Off-hire days and other costs as budgeted.
Synthetic data for a fictional company, for illustration only.