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Short Description

TC OUT contracts are also stored in the module, however these are generated through the Voyage Estimate module and documented under that module. TC IN TC COntracts module.

Enter test here....

INDICATE THE COST OF THE SHIP:

Alternative 1; rent a ship (or use one you alreday rented). If it is already rented, the tc in contract will already be automatically retrieved

Alternative 2: buy or use your own ship. If already owned, the Breakeven / Day will be filled in automatically (if it has been defined in the Running Cost section of the Internal Data on the Vessel Admin).

 

The purpose of the TC Contract modules is to store all TC contracts, both in and out, external and internal. This is useful as the contracts can be accessed either directly through the module or via the voyage estimate or booking and operations modules. It provides easy access to the most important terms and conditions of all contracts. If the contract is supplemented with an attachment of e.g. scanned CP, the user has access to the full details directly in the system.

In addition to merely storing and providing access to the main details of the contracts, the TC In contracts will also enable:

1. Automatic calculation of TC hire (cost) for each voyage performed during the period of hiring the vessel

2. Usage of the Hire Payable module to keep track of all invoices and statements towards the owner

3. Forecasting of future results and budgeted vessel cost through various reports and Postions Dashboard

TC OUT contracts are also stored in the module, however these are generated through the Voyage Estimate module and documented under that module.

 Ability to deduct owner's cost items against a charterer's invoice on TC Out voyages. By adding owner's items reported by the charterer into the DA module the items wil automatically appear as deductions against the charterer's hire invoice. If the item is applicable for DA commission the commission will also be automatically deducted.

Mandatory CP date on Voyage Freeze Screen The CP date is mandatory when freezing a voyage.

Long Description

 The Voyage charter section:

        • Creating Time Charter Calculations

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