NFE Clean Energy — Financial Overview
Comprehensive budget and expense tracking for vessel operations managed by Jalship Management Pvt. Ltd. Reporting period: Takeover (Jan 2026) through 31 March 2026.
🚢 Vessel Ops
📅 Jan–Mar 2026
💵 USD Reporting
📊 85 Operating Days
👥 11 Crew
🏦 1 USD = 85 INR
Total Receipts
$615,708
From Gas Entec
Total Expenses YTD
$558,706
vs $603k budgeted
Balance with Jalship
$57,002
9.3% surplus
Pending (GasEntec)
$135,000
Mar 2026 Opex
Monthly Expense Trend — Actual vs Budget
Expense Mix (YTD)
Opex Per Day
Takeover Phase
$2,079/day
January 2026
$2,078/day
February 2026
$3,402/day
March 2026
$4,466/day
Budget Target
$5,094/day
Budget Utilisation
Crew Wages
55%
Stores & Spares
49%
Ship Agency
>100%
Repair & Maint.
50%
Tech Mgmt Fee
100%
Regulatory
99%
Key Statistics
Operating Days (YTD)
85 days
Crew Headcount
11 persons
Takeover Budget
$126,262
Unbudgeted Approved
$161,808
Bunkering (Unbudgeted)
$111,488
Budget Variance (Saved)
$44,802
Takeover Budget
$126,262
28 Line Items
Jan 2026 Budget
$132,802
26 days
Feb 2026 Budget
$155,378
28 days
Mar 2026 Budget
$155,378
31 days
OPEX Budget by Category (Monthly)
Takeover Budget Split
OPEX Category Budget Table (USD)
| # | OPEX Category | Daily Rate | Takeover | Jan 2026 | Feb 2026 | Mar 2026 |
|---|---|---|---|---|---|---|
| 1 | Crew Wages (Fully Loaded) | $1,873 | $9,367 | $77,644 | $90,844 | $90,844 |
| 2 | Crew Training & Agency | $130 | $9,000 | $3,379 | $3,954 | $3,954 |
| 3 | Crew Change & Travel | $230 | — | $5,983 | $7,000 | $7,000 |
| 4 | Provision / Victualling | $150 | — | $5,850 | $6,844 | $6,844 |
| 5 | Certification & Survey | — | $25,000 | — | — | — |
| 6 | Stores & Spares | $411 | $47,850 | $11,505 | $12,500 | $12,500 |
| 7 | Repair & Maintenance | $210 | — | $5,460 | $6,388 | $6,388 |
| 8 | Safety Items & Gears | $123 | — | $3,205 | $3,750 | $3,750 |
| 9 | IT/VSAT & Routing | $76 | $8,600 | $1,966 | $2,300 | $2,300 |
| 10 | Waste/Sewage Removal | $47 | — | $1,221 | $1,429 | $1,429 |
| 11 | Regulatory & Statutory | $111 | — | $2,879 | $3,369 | $3,369 |
| 12 | Ship Agency | $66 | $11,045 | $1,709 | $2,000 | $2,000 |
| 14 | Technical Management Fee | $400 | $6,000 | $12,000 | $12,000 | $12,000 |
| 15 | Superintendent Cost (BIMCO) | — | — | — | $3,000 | $3,000 |
YTD Actual Opex
$449,569
↓ $153,926 vs budget
YTD Budgeted Opex
$603,495
87 budget days
Variance (Gain)
$153,926
25.5% under budget
Actual Opex/Day
$3,385
vs $5,094 budget
Actual vs Budget YTD by Category
Variance Analysis (+ = Saving)
Full YTD Breakdown — Actual vs Budget
| # | OPEX Category | Actual T/O | Budget T/O | Var T/O | Actual YTD | Budget YTD | Variance YTD | Status |
|---|
Takeover Actual
$109,137
Budget: $126,262
Jan 2026 Actual
$54,044
Budget: $132,802
Feb 2026 Actual
$115,366
Budget: $159,440
Mar 2026 Actual
$280,159
Budget: $311,252
Monthly Actual vs Budget
Crew Wages Monthly Trend
Monthly Actual vs Budget — Full Breakdown
| # | OPEX Category | Act T/O | Bud T/O | Act Jan | Bud Jan | Act Feb | Bud Feb | Act Mar | Bud Mar |
|---|
Largest Expense
Crew Wages
$151,289 total
Bunkering (Unbudgeted)
$111,488
Mar 2026
Unbudgeted Approved
$50,321
Cargo equipment
Regular Opex Total
$287,761
Ex-bunker/unbudgeted
Actual Expenses Stacked by Month
Top Categories (All Periods)
All Actual Expenses by Period
| # | OPEX Category | Takeover | Jan 2026 | Feb 2026 | Mar 2026 | Total | Share |
|---|
Total Receipts
$615,708
5 remittances
Total Expenses
$558,706
Including unbudgeted
Net Balance
$57,002
9.3% surplus
Receivable (GasEntec)
$135,000
Mar 2026 pending
Receipts vs Disbursements
Cumulative Cash Position
Receipts from Gas Entec
Against Takeover Expenses
Dec 2025
$126,262
Opex — January 2026
Jan 2026
$97,167
Opex — February 2026
Feb 2026
$155,348
Unbudgeted Expenses
Mar 2026
$146,961
Opex — March 2026
Mar 2026
$89,970
Total Receipts
$615,708
Disbursements by Period
Takeover Expenses
Dec 2025 – Jan 2026
$109,137
Opex — January 2026
26 operating days
$54,044
Opex — February 2026
28 operating days
$95,256
Opex — March 2026
31 operating days
$138,461
Unbudgeted (Bunker + Cargo)
Feb–Mar 2026
$161,808
Total Expenses
$558,706
Total Transactions
87+
All periods
Largest Single Transaction
$111,300
Bunkering Feb 2026
Currencies Used
4
USD · INR · HNL · SEK
Takeover — Key Transactions
| Date | Supplier | Item | USD | Status |
|---|---|---|---|---|
| 19 Dec 25 | Vijay Sales | Laptop (Master) | $750 | Done |
| 29 Dec 25 | Viking Life-saving | Liferaft 4 Nos | $7,700 | Done |
| 31 Dec 25 | Crisamar Navieros | Agency Payment | $6,498 | Done |
| 02 Jan 26 | Station Satcom | Starlink Unit | $2,174 | Done |
| 02 Jan 26 | Dakar Class | Flag Endorsement + ID Book | $1,204 | Done |
| 20 Dec 25 | Homofer Private | Ship Mgmt Software | $944 | Done |
| 20 Dec 25 | Secure System | SSD Hard Disk | $119 | Done |
Feb 2026 — Key Transactions
| Date | Supplier | Item | USD | Status |
|---|---|---|---|---|
| 27 Feb 26 | Bunker Partner AU | Bunker Payment | $111,300 | Done |
| 26 Feb 26 | Crew Salary | Feb 2026 Crew Wages | $46,648 | Done |
| 28 Feb 26 | Jalship | Technical Mgmt Fee | $12,000 | Done |
| 06 Feb 26 | Reymar Supply | Provision | $6,261 | Done |
| 13 Feb 26 | Crisamar Navieros | Agency Services | $1,735 | Done |
| 13 Feb 26 | Crisamar Navieros | Crew Agency Embarkation | $2,270 | Done |
| 10 Feb 26 | NFE Master | Jan Wages Balance | $1,520 | Done |
Mar 2026 — Cash Disbursements from Gas Entec
| Date | Description | Amount (USD) | Status |
|---|---|---|---|
| 01 Mar 26 | Feb Opex Balance | $7,622 | Received |
| 12 Mar 26 | Unbudgeted Expenses (Cargo Equipment) | $146,961 | Received |
| 13 Mar 26 | Additional Payment | $89,970 | Received |
| 25 Mar 26 | Opex Invoice Mar 2026 (@$4,500/day × 30 days) | $135,000 | Pending |