Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

« Previous Version 253 Next »

Short Description

The two main types of scenarios involving laytime calculations for single cargoes (or parcels) are Single Charter Party (CP) with single cargo (or parcel) and Single Charter Party (CP) with single cargo (or parcel) using Reversible Terms.

 

Single Charter Party (CP) with single cargo (or parcel). Unless otherwise indicated, all laytime calculations are by default treated as "single cargoes", i.e. all cargo port calculations are individual per port, which will accumulate to per cargo and charter party, for example, a load port may have demurrage, a discharge port will have despatch, laytime commenced and completed, etc.. Both results will display separately in the separate ports and in the corresponding fields of the cargo and charter party.

On port either demurrage or despatch

[1] Officially, demurrage is a form of liquidated damages for breaching the laytime as it is stated in the governing contract (the charter party). The demurrage sometimes causes a loss to the seller as it increases cost of the total freight.[2]

and viceversa with demurrage, following the agreements made in the previously agreed upon terms stated in the contract.

Note: For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to, and display in, the Cargo field (Time Demurrage and Time Despatch columns as applicable). Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).

The despatch amount is calculated and accumulated according to the despatch rate and time on despatch.

The reverse of demurrage is despatch. If the charterer requires the use of the vessel for less time than the laytime allowed, the charter party may require the shipowner to pay despatch for the time saved.

despatch, the reverse of demurrage, paid by the shipowner to the charterer under a voyage charter when a ship is loaded or unloaded in less time than allowed in the charter party

Wet CARGO - no such thing as despatch

The demurrage/despatch amounts are calculated and accumulated according to the despatch rate and time on despatch.

Note: For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to, and display in, the Cargo field (Time Demurrage and Time Despatch columns as applicable). Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).

Free Despatch – Des not allow Despatch in this port. Charter-Party term used to define one method by which despatch money is calculated, that is, by deducting laytime used from laytime allowed. (minus ded/add)

Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions). Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).


SCPSc in non-reversible, non-prorated and non-Cargo Matched calculations, when a calculation is made all cargo port fields for each port will calculate separately, the results accumulating to the corresponding fileds of the ports' cargp

The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of both the Cargo field and the Charter Party field in the Charter Parties (XXX) tab. As a result both demurrage and despatch is possible to incur in registered in the Cargo and Charter Party field levels (or none of either) in non-reversible, non-prorated and non-Cargo Matched calculations.

The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of both the Cargo field and the Charter Party field in the Charter Parties (XXX) tab. As a result both demurrage and despatch is possible to incur in registered in the Cargo and Charter Party field levels (or none of either) in non-reversible, non-prorated and non-Cargo Matched calculations.

Non-rev. can cargo list can show time on dem/des – can show in indiv ports.

If a laytime is exceeded (due to failing to complete the work within allotted time and the vessel is required to remain in port for a longer time), demurrage is incurred to the ship owner, paid by the charterer, while if the whole period of laytime is not needed, despatch may be payable by shipowner to charterer (despatch does not apply to tanker charters), depending on charter party (CP) terms.

Non-reversible – each a cargo be treated individually at each port, not prorated.

When all the input has been made and a recalculation performed the screen will update with laytime used, allowed, deductions and time on demurrage as well as demurrage/ despatch amounts. For a review of total calculation please refer to the below screenshot:

 For each port for a particular cargo the laytime used, allowed, deductions is calculated and used as a basis for calculating the time on demurrage. All the figures are then accumulated to the above levels.

Each deduction is calculated separately and the total deduction is accumulated to all levels.

If SINGEL cargo, a CP will be automatically be created based on existing data preiviously entered in the VMS and logged/entered automatically in the Charter Parties tab of the Laytime Calculations module.

The terms at Cargo Port level will aut update and adjust. Normally ok to enter terems SHEX, ertc. only on Cargo Ports level, single cargo.

If despatch is incurred in a specific port – there is no demurrage. The demurrage/despatch amounts are calculated and accumulated according to the demurrage rate and time on demurrage.

On the other hand, the term non-reversible laytime implies that loading and discharging times are calculated separately, and demurrage and despatch are also calculated separately for loading and discharging ports.

After the laytime has expired and the vessel is on demurrage, no exceptions or interruptions to laytime are relevant, even during force majeure events such as strikes, etc. This is based on the principle that if the charterer had completed loading or discharging within the agreed laytime, the vessel would have left the port before the force-majeure event could intervene; hence, the thumb rule once on demurrage, always on demurrage.

Non-rev. can cargo list can show time on dem/des – can show in indiv ports.

Reversible Match – if you have 2 D ports + 1 Lport. If you want D calc tills men ej L

Free Despatch – Des not allow Despatch in this port.

shared between diff cargoes under the same CP at the same particular port. NOT between diff ports.

The laytime calculation is complete. If the reversible terms are used for all cargoes, then the total laytime allowed for all ports will total per cargo and accumulate to corresponding cargo in the Cargo field respectively, i.e. two main laytime calculations. The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of the corresponding cargoes in the Cargo field. The total laytime allowed for the cargoes will not mix. As a result both demurrage and despatch is possible to incur in the Cargo and Charter Party field levels. The total of the demurrage and despatch per cargo, if incurred, will show EITHER OR, and will be accumulated separately and displayed in the corresponding fields in the charter party row (Charter Party field). If both demurrage and despatch displays it is becasue the data is retrieved from different cargoes.

For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to, and display in, the Cargo field (Time Demurrage and Time Despatch columns as applicable). Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).

The demurrage/ despatch amounts are calculated and accumulated according to the demurrage rate and time on demurrage.

For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to from cargo port/s to corresponding field in the Cargo field.

Time on Demurrage:  Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).

Non-reversible – each a cargo be treated individually at each port, not prorated.


Single Charter Party (CP) with single cargo (or parcel) using Reversible Terms

Reversible - as single cargo BUT EITHER dem/des. Not both


By default can calc each of these cargoes completely separate from each other (just as you would single cargoes).

Option for charterers to add together time allowed for loading & discharging relative to terms of a particular charter party

Also, the reversible option functions per cargo, i.e. the ports of each cargo are affected per cargo, reversible terms DO NOT total the laytime allwoed in total for all cargoes together.

Reversible terms ONLY applies per checked cargo, it does not total the laytime allowed for every cargo (except in CP field, though then still in part separate).

The dem/des amounts are calc and accumulated acc to the dem rate and time on dem.
For each port for a particular cargo the laytime used, allowed, deductions are calc and used as a basis for calculating the time on dem.
All figures are then accumulated to the "above levels" - see columns - reword & rewrite.
In Ded/Add field: Each ded is calc separately and the total ded is accumulated to all levels.
Laytime calc. is complete. VE & BO .- - updates along wioth LC once it has been refreshed - click Recalc to achieve.

The demurrage/ despatch amounts are calculated and accumulated according to the demurrage rate and time on demurrage.
The dem/des amounts are calc and accumulated acc to the dem rate and time on dem.
For each port for a particular cargo the laytime used, allowed, deductions are calc and used as a basis for calculating the time on dem.

 

For each port for a particular cargo the laytime used, allowed, deductions made are , time on demurrage, demurrage, despatchis calculated and used as a basis for calculating the time on demurrage. All the figures are then accumulated to the above levels.

The demurrage/ despatch amounts are calculated and accumulated according to the demurrage rate and time on demurrage.

Appropriate fields in the Voyage Estimate and Booking & Operations modules automatically update with the Laytime Calculations module - once the calculation is refreshed and recalculated, i.e. each time Recalculate is clicked.


cargo/cp - Note: The despatch amount is calculated and accumulated according to the despatch rate and time on despatch.

cargo ports - Note: If demurrage is incurred – there is no despatch in the Cargo Ports field - field will be blank.The despatch amount is calculated according to the despatch rate and time on despatch. ALWAYS calculated separately for each port on calculations that are non-reversible, non-prorated and not cargo Matched.Also, no rate is entered or despatch calculated for ports with "Free Despatch", i. e. ports that does not allow despatch (then check Free Despatch checkbox for applicable port/s).


The laytime calculation is complete for the cargo. The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of both the Cargo field and the Charter Party field in the Charter Parties (XXX) tab. As a result both demurrage and despatch is possible to incur in registered in the Cargo and Charter Party field levels (or none of either) in non-reversible, non-prorated and non-Cargo Matched calculations.
Note: Appropriate fields in the /wiki/spaces/DLOYPRODUCTS/pages/923506307 and Booking and Operations modules automatically update with the Laytime Calculations module each time the calculation is refreshed and recalculated, i.e. each time Recalculate is clicked.

On the other hand, the term non-reversible laytime implies that loading and discharging times are calculated separately, and demurrage and despatch are also calculated separately for loading and discharging ports.

The laytime calculation is complete for all cargoes. The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of both the Cargo field and the Charter Party field in the Charter Parties (XXX) tab. As a result both demurrage and despatch is possible to incur in registered in the Cargo and Charter Party field levels (or none of either) in non-reversible, non-prorated and non-Cargo Matched calculations.

Reversible terms (or reversible laytime) is an option available to charterers to add the time allowed for loading and discharging of cargoes relative to the terms of a particular charter party (CP). All cargoes involved must belong to the same charter party and requires a minimum of two ports on the cargo's port rotation (load and discharge port). The reversible terms option is only usable if allowed by the terms of the cargo’s charter party.

In non-reversible calculations, the number will show but is deactivated from inclusion in any calculations. Activates when Reversible is checked in the cargo row in the Cargo field. When 3 ports or more, can alter order and what is incl in calc. Manually alter numbering, instaeat of 111, if fo e ex. 1 l 2 d, 122 l calc sep, d's together, or 112, 121.

Reversible Match column indicates what ports are calculated together. If one port is labelled 1 and 2 2, means that the first port (irrespective if they are load or discharge ports) is calculated separately and the 2 latter together, If comb. I 112 means (load +dis calc together), and 2nd dis port separately.

Reversible terms (or reversible laytime) is an option available to charterers to add the time allowed for all cargoes to which the reversible option applies at the same port/s. All cargoes involved must belong to the same charter party requires a minimum of two ports on each involved cargo's port rotation (load and discharge port). No demurrage becomes payable until the combined times exceed the total time specified for both operations (load/discharge) in included ports, i.e. like specifying a total time to cover both operations at included ports. Reversibility only applies to included cargoes at the same port, and between loading ports and discharging port, but not between loading ports or discharging ports. Also, for ports where reversibility is applied, either demurrage or despatch is calculated, not both as the calculated demurrage and despatch in the included ports (option applied to) is totaled. By default all in a cargo's port rotation, but can be manually altered. Reversible Terms applies per Charter Party (CP) and do not reverse across charter parties.

Even if reversible traeated separate cargoes. Reversible all ports for one cargo, but not reversible for all cargoes. If cheked one dem/des acccan NOT be reversible for both, treated sep. accumulates either dem/des/cargo i Cargo field. Læggss ihop i CFP as can end up with både as one cargo dem one des. (ot more on either - total of)..

 

Chapter Contents:

Long Description

Single Charter Party (CP), single cargo (or parcel)
  1. Open the voyage to make a laytime calculation for. Voyages can be opened either directly in the Laytime Calculations module or via the Booking and Operations module.
    1. Either open a voyage
      1. directly in Laytime Calculatuions:
        1. Go to Modules > Post Fixture > Laytime Calculations. The Laytime Calculations window will open.



        2. Click Open Voyage... A pop-up with a list of voyages will open.
          Note          : The list can be filtered if needed by using the filter row above the columns. Click applicable row field, enter search parameter and press Enter. Filter as applicable.
        3. Click the voyage to be opened - it will highlight.
        4. All ports, all currently available laytime related data (if any) and existing charter party of the selected voyage will display.
        5. Go to Step 2.
      2. or through Booking and Operations:
        1. Select applicable vessel in the right-hand upper field - it will highlight. The vessel's details will display across the screen.
        2. In the Voyage list, select the voyage to be opened - it will highlight.

        3. Either

          1. go to the Voyage menu at the top of the screen and from the drop-down menu select Laytime Calculations or



          2. in the toolbar, click Laytime.



        4. The Laytime Calculations module will open on a separate screen holding all ports, all currently available laytime related data (if any) and existing charter party of the selected voyage. The port rotation is listed in the Port Call field (upper, right), the Cargo field (second field from the top) lists all cargo/es for the selected charter party ONLY and the Cargo Port field shows all load and discharge ports for the cargo selected in the Cargo Field.

          Example:



        5. Go to Step 2.

  2. In the Port Calls tab:

    1. Go to the Port Call field (lists voyage port rotation), click the port to perform a laytime calculation for - it will highlight.
      Note      : By default, the first port       of the voyage's rotation is always automatically selected - displaying the cargo pertaining to the port and the so far available laytime data (if any).

      Example:



    2. The cargo/es pertaining to selected port will display in the Cargo field. In the Cargo Ports field, all ports related to the displayed cargo will show.

      Example:



  3. In the Charter Parties (XXX) tab, review the charter party information in the upper field (Charter Party field). The CP fields will either self-populate with data from the /wiki/spaces/DLOYPRODUCTS/pages/923506307 and Booking and Operations modules (retrieved when creating the CP) or populate once a laytime calculation is partially made or complete, or when data is manually entered.
    Note: (XXX) = displays the port selected in the Port Call field (Port Calls tab) within parenthesis. The Charter Party field lists all charter parties (CP's) for a selected port call ONLY, i.e. only CP's including cargoes to be loaded/discharged at that particular port. However, for single cargo voyages there can only be ONE charter party (CP). The CP is automatically created by the system when the voyage is frozen.


    Example:



  4. In the Port Call Events (XXX) tab:
    1. Review the port call events field (upper field) that houses the port call events identical for all cargoes in a port: ex. Arrival, Berthed, etc. - to be entered by an Operator. Ensure all relevant port call events are present, note the date for each and go to Step 5. If events are missing or incorrect, add/delete as applicable (pertaining to the cargo and port (in combination):
      Note: (XXX) = displays the port selected in the Port Call field (Port Calls tab) within parenthesis.
      1. To add a port call event:
        1. Move the cursor to the Port Call Events field and right-click.
          1. From the drop-down menu that opens select Add Event.



          2. A pop-up with a list of event types will open. Select applicable event and click OK.
            Note: Will automatically only display port related (PC) events as all events entered in this field are related to applicable cargo. To add all available PC events in the system, right-click and from the drop-down menu that opens select Add All. 

            Example:



        2. Enter the event start date and time under Date.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
        3. Repeat Steps 4ai 1-2 as applicable until all events related to the specific port and cargo has been entered.
      2. To delete a port call event:
        1. Move the cursor to the port call event row to be removed.
        2. Right-click and from the drop-down menu that opens select Remove Event. A pop-up will open asking to confirm deletion.
        3. Click Yes. The pop-up will close and the selected row delete.

  5. In the Port Calls tab:
    1. Enter events relevant to the cargo at the particular port in the Events field (bottom, left).
      Note: Cargo port events are events specific to a single cargo at a specific port and are NOT used in any laytime calculation, but are important information in a Laytime Statement providing informing what has occurred and when.
      1. To add a (cargo) event:
        1. In the Events (or Cargo Port Events) field click Add.
          Note: To add all available PC events in the system, click Add All Events. 
        2. A pop-up with a list of event types will open. Select applicable event and click OK.
          Note: Will automatically only display cargo related (CP) events as all events entered in this field are related to applicable cargo.

          Example:



        3. The pop-up will close and selected event will display as a populated row in the Events (or Cargo Port Events) field stating event number and type of event, for example, Cargo Loading.

          Example:

          Event: Cargo Loading


        4. Enter the event start date and time under Date/Time.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00". 
        5. Repeat Steps 5ai 1-4 as applicable until all events related to the specific port and cargo has been entered. 
      2. To remove an event:
        1. Click the row to be removed - it will highlight.  
        2. Click Remove. A pop-up will open asking to confirm deletion. 
        3. Click Yes. The pop-up will close and the selected row delete.

    2. In the Cargo Port field (second field from bottom), edit as applicable (some fields will self-populate):
      1. Click applicable port to enter laytime data to - it will highlight.
         Note: Initial port will by default always be selected. 
      2. Review the the Quantity and Terms fields for accuracy.
        Note: Populates with elsewhere retrieved data. Both fields are originally entered in either the Voyage Estimate or Booking and Operations modules and are automatically reflected in the Laytime Calculations module. Entered Quantity will in the Cargo Ports field by default display in the first load and discharge ports, but can be split when working with multiple ports. Terms data can be manually overridden, but quantity can only be adjusted in the Booking and Operations module (Cargo tab, Bill of Lading quantity). For a single cargo voyage, it is usually enough to only enter terms on the Cargo Ports field, but in case of total laytime (loading and discharging, especially in tanker scenarios) the total terms must be entered in applicable row field in either the Cargo field or the Charter Party field (Charter Parties tab). The terms in the Cargo Ports field will update accordingly.

        Example:



      3. Enter the demurrage rate under Rate Demurrage.
        Note: Rates are by default retrieved from the Voyage Estimate or Booking and Operations modules and are by default entered in the Cargo- and Cargo Ports fields. For non-reversible calculations, (where rates vary per port), the rates must also be entered as applicable in the Cargo Port field - except when the Cargo Match function is used. Should then be left blank.
      4. Enter the despatch rate under Rate Despatch.
        Note        : Rates are automatically retrieved from the Voyage Estimate or Booking and Operations modules and are by default entered in the Cargo- and Cargo Ports fields. For non-reversible calculations, (where rates vary per port), the rates must also be entered as applicable in the Cargo Port field - except when the Cargo Match function is used. Should then be left blank.         No rate is entered or despatch calculated for ports with "Free Despatch", i. e. ports that does not allow despatch (then check Free Despatch checkbox for applicable port/s).

        Example:

        Cargo Ports field - Rate Demurrage/Rate Despatch


      5. Enter time and date laytime commenced in the row field of the selected port under the Laytime Commenced column.
        Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".


          
    3. In the Deductions/Additions - Port Call XXX (Parcels -) field, enter all deductions/additions as they occur.
      Note: XXX = displays selected port in the Port Call field and indicates the port for which deductions/additions are being made. The (Parcels -) indicates for which cargo deductions/additions are being made - when single cargo: will show as "-". Any deductions/addition applies to the selected cargo port ONLY. Also - in a single CP, single cargo situation as this, it is preferable to add all deductions/additions here, even those applicable to all cargoes of the port (when multiple CP's and cargoes entered in teh Port Call Deduction field (Port Call tab), as they will apply to the SINGLE cargo anyway.
      1. To add a deduction:
        1. Click Create New. A blank deduction row till appear.



        2. Enter the date and time when the deduction commenced in the row field under the From Date/Time column.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00". 
        3. Enter the date and time when the deduction ended in the row field under the To Date/Time column.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
        4. Enter the reason for the deduction in the row field under Reason For Deduction. 
          Note: Entered reason will display on a Laytime Statement.
        5. Prorate checkbox: LEAVE UNCHECKED.
          Note: ONLY applicable with multiple cargoes.
        6. Repeat Steps 5ci 1-5 as applicable until all deductions occurring until laytime is completed has been added.
        7. Click Recalculate.
          Note: No calculations will be made until Recalculate is clicked - it is therefore possible to enter multiple additions without running a calculation, to wait until all additions are entered to click Recalculate and perform a single calculation for all or wait until all details for the entire laytime calculation is entered. 



        8. The number of days for each deduction is separately calculated and will display in each row under the Days column. The total of all deductions is accumulated and is deducted from the total laytime used (updates relevant row fields in both the Cargo and Cargo Port fields). 
      2. To add an addition:
        1. Enter the date and time when the addition commenced in the row field under the From Date/Time column.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
        2. Enter the date and time when the addition commenced in the row field under the From Date/Time column.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
        3. Enter a negative percentage in the row field under the % column.
          Note: Negative percentage = Adding time.

          Example:

          Two of four cranes broke down - enter "-50%".<

        4. Enter the reason for the addition in the row field under Reason For Deduction.
          Note: Entered reason will display on a Laytime Statement - if printed
        5. Prorate checkbox: LEAVE UNCHECKED.
          Note: ONLY applicable with multiple cargoes.
        6. Repeat Steps 5cii 1-5 as applicable until all deductions occurring until laytime is completed has been added. 
        7. Click Recalculate.
          Note: No calculations will be made until Recalculate is clicked - it is therefore possible to enter multiple additions without running a calculation, to wait until all additions are entered to click Recalculate and perform a single calculation for all or wait until all details for the entire laytime calculation is entered. 



        8. The calculated number of days for each addition will display in each row under the Days column. Also, the total of all additions will be added to the total laytime used.
      3. To delete a deduction/addition:
        1. Click the deduction/addition row to be removed - it will highlight.
        2. Click Remove. A pop-up will open asking to confirm deletion.
        3. Click Yes. The pop-up will close and the selected row delete.
       
    4. In the Cargo Ports field:
      1. Once laytime is complete, enter time and date for laytime completion in the port row field of the selected port under the Laytime Completed column (Cargo Port field).
        Note: Enter date and time as ddmmyytttt, for example: for September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".



  6. Repeat Steps 2-5 at each port of the cargo's port rotation until all relevant laytime data have been entered for all of the cargo's ports. 
  7. Review all entered details and click Recalculate.
    Note: No calculations will be made until Recalculate is clicked, yet it can be clicked at any given time while entering data, for example, after entering data for one port or cargo or after entering deductions/additions - or wait until all details for the entire laytime calculation is entered. The calculation will refresh and recalculate to that point the most updated figures. However, the recalculate function will automatically be performed upon closing the Laytime Calculations module.



  8. The laytime calculation is refreshed and recalculated, updating the following fields (Charter Party tab):
    1. In the Charter Party field (accumulated from fields in the Cargo- and Cargo Port fields):
      Note: The CP field show results for all cargoes accumulated results.
      1. Used displays the accumulated laytime used, i.e. the difference between completed and commenced time.
      2. Allowed displays the accumulated laytime allowed. 
      3. Deduct displays the accumulated time deducted/added for all the cargo's ports.
      4. Time Demurrage displays the accumulated time incurred (if any) on demurrage for all the cargo's ports.
      5. Time Despatch displays the accumulated time incurred (if any) despatch for all the cargo's ports.
      6. Demurrage displays the total accumulated incurred demurrage amount (if any).
        Note: Calculated and accumulated according to the demurrage rate and time on demurrage.
      7. Despatch displays the total accumulated incurred despatch amount (if any).

    2. In the Cargo field (accumulated from fields in the Cargo Port fields):
      Note: Displays results for per cargo accumulated results (i.e. all results for the ports of each cargo).
      1. Used displays the accumulated laytime used, i.e. the difference between completed and commenced time, for all the cargo's ports.
      2. Allowed displays the accumulated laytime allowed for all the cargo's ports.
      3. Deduct displays the accumulated time deducted/added for all the cargo's ports.
      4. Time Demurrage displays the accumulated time incurred (if any) on demurrage for all the cargo's ports.
      5. Time Despatch displays the accumulated time incurred (if any) despatch for all the cargo's ports.
      6. Demurrage displays total incurred demurrage amount (if any).
        Note        : Calculated and accumulated according to the demurrage rate and time on demurrage.
      7. Despatch displays total incurred despatch amount (if any).
        Note: The despatch amount is calculated and accumulated according to the despatch rate and time on despatch.

    3. In the Cargo Ports field for each port:
      Note: Displays results for per port and particular port.
      1. Laytime Expire will populate in case of demurrage, stating when allowed laytime actually ended.
        Note        : Actual laytime ended date will show in all ports when using reversible terms, not just in the port it occurred. For information purposes only.
      2. Used displays the laytime used, i.e. the difference between completed and commenced time (and the total of all deductions).
      3. Allowed displays the laytime allowed.
      4. Deduct displays how much time was added/deducted.
      5. Time on Demurrage displays the amount of time/per port incurred (if any) on demurrage or despatch (displays as a negative number).
        Note: For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to, and display in, the Cargo field (Time Demurrage or Time Despatch columns as applicable).Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).
      6. Rate Demurrage will show the originally entered rate retrieved from the /wiki/spaces/DLOYPRODUCTS/pages/923506307 or Booking and Operations modules (unless manually overridden).
      7. Rate Despatch will show the originally entered rate retrieved from the /wiki/spaces/DLOYPRODUCTS/pages/923506307 or Booking and Operations modules (unless manually overridden).
      8. Demurrage displays total incurred demurrage amount (if any).
        Note        : If despatch is incurred – there is no demurrage in the Cargo Ports field - field will be blank.The demurrage amount is calculated according to the demurrage rate and time on demurrage. ALWAYS calculated separately for each port on calculations that are non-reversible, non-prorated and not cargo Matched.
      9. Despatch displays total incurred despatch amount (if any).
        Note: If demurrage is incurred – there is no despatch in the Cargo Ports field - field will be blank.The despatch amount is calculated according to the despatch rate and time on despatch. ALWAYS calculated separately for each port on calculations that are non-reversible, non-prorated and not cargo Matched.Also, no rate is entered or despatch calculated for ports with "Free Despatch", i. e. ports that does not allow despatch (then check Free Despatch checkbox for applicable port/s).

    4. In the Deductions/Additions -Port Call XXX (Parcels -) field:
      1. Days: All deductions/additions recalculates and each row field displays the calculated number time (in days) each deduction/addition lasted.

  9. The laytime calculation is complete for the cargo. The data (for all ports) of the Cargo Ports fields Used, Allowed, Deduct, Time Demurrage, Time Despatch, Demurrage and Depatch fields will accumulate (separately) for each port to the corresponding fields of both the Cargo field and the Charter Party field in the Charter Parties (XXX) tab. As a result both demurrage and despatch is possible to incur in registered in the Cargo and Charter Party field levels (or none of either) in non-reversible, non-prorated and non-Cargo Matched calculations.
    Note: Appropriate fields in the /wiki/spaces/DLOYPRODUCTS/pages/923506307 and Booking and Operations modules automatically update with the Laytime Calculations module each time the calculation is refreshed and recalculated, i.e. each time Recalculate is clicked.

    Example:


Top

Single Charter Party (CP), single cargo (or parcel) - using Reversible Terms
  1. Open the voyage to make a laytime calculation for. Voyages can be opened either directly in the Laytime Calculations module or via the Booking and Operations module.
    1. Either open a voyage
      1. directly in Laytime Calculatuions:
        1. Go to Modules > Post Fixture > Laytime Calculations. The Laytime Calculations window will open.



        2. Click Open Voyage... A pop-up with a list of voyages will open.
          Note          : The list can be filtered if needed by using the filter row above the columns. Click applicable row field, enter search parameter and press Enter. Filter as applicable.
        3. Click the voyage to be opened - it will highlight.
        4. All ports, all currently available laytime related data (if any) and existing charter party of the selected voyage will display.
        5. Go to Step 2.
      2. or through Booking and Operations:
        1. Select applicable vessel in the right-hand upper field - it will highlight. The vessel's details will display across the screen.
        2. In the Voyage list, select the voyage to be opened - it will highlight.

        3. Either

          1. go to the Voyage menu at the top of the screen and from the drop-down menu select Laytime Calculations or



          2. in the toolbar, click Laytime.



        4. The Laytime Calculations module will open on a separate screen holding all ports, all currently available laytime related data (if any) and existing charter party of the selected voyage. The port rotation is listed in the Port Call field (upper, right), the Cargo field (second field from the top) lists all cargo/es for the selected charter party ONLY and the Cargo Port field shows all load and discharge ports for the cargo selected in the Cargo Field.

          Example:



        5. Go to Step 2.

  2. In the Port Calls tab:

    1. Go to the Port Call field (lists voyage port rotation), click the port to perform a laytime calculation for - it will highlight.
      Note      : By default, the first port       of the voyage's rotation is always automatically selected - displaying the cargo pertaining to the port and the so far available laytime data (if any).

      Example:



    2. The cargo/es pertaining to selected port will display in the Cargo field. In the Cargo Ports field, all ports related to the displayed cargo will show.

      Example:



  3. In the Charter Parties (XXX) tab, review the charter party information in the upper field (Charter Party field). The CP fields will either self-populate with data from the /wiki/spaces/DLOYPRODUCTS/pages/923506307 and Booking and Operations modules (retrieved when creating the CP) or populate once a laytime calculation is partially made or complete, or when data is manually entered.
    Note: (XXX) = displays the port selected in the Port Call field (Port Calls tab) within parenthesis. The Charter Party field lists all charter parties (CPs) for a selected port call ONLY, i.e. only CPs including cargoes to be loaded/discharged at that particular port. However, for single cargo voyages there can only be ONE charter party (CP). The CP is automatically created by the system when the voyage is frozen.


    Example:



  4. In the Port Call Events (XXX) tab:
    1. Review the port call events field (upper field) that houses the port call events identical for all cargoes in a port: ex. Arrival, Berthed, etc. - to be entered by an Operator. Ensure all relevant port call events are present, note the date for each and go to Step 5. If events are missing or incorrect, add/delete as applicable (pertaining to the cargo and port (in combination):
      Note: (XXX) = displays the port selected in the Port Call field (Port Calls tab) within parenthesis.
      1. To add a port call event:
        1. Move the cursor to the Port Call Events field and right-click.
          1. From the drop-down menu that opens select Add Event.



          2. A pop-up with a list of event types will open. Select applicable event and click OK.
            Note: Will automatically only display port related (PC) events as all events entered in this field are related to applicable cargo. To add all available PC events in the system, right-click and from the drop-down menu that opens select Add All. 

            Example:



        2. Enter the event start date and time under Date.
          Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
        3. Repeat Steps 4ai 1-2 as applicable until all events related to the specific port and cargo has been entered.
      2. To delete a port call event:
        1. Move the cursor to the port call event row to be removed.
        2. Right-click and from the drop-down menu that opens select Remove Event. A pop-up will open asking to confirm deletion.
        3. Click Yes. The pop-up will close and the selected row delete.

  5. In the Port Calls tab:
    1. Enter events relevant to the cargo at the particular port in the Events field (bottom, left).
      Note      : Cargo port events are events specific to a single cargo at a specific port and are NOT used in any laytime calculation, but are important information in a Laytime Statement providing informing what has occurred and when.
      1. To add a (cargo) event:
        1. In the Events (or Cargo Port Events) field click Add.
        2. Note: To add all available PC events in the system, click Add All Events. 
        3. A pop-up with a list of event types will open. Select applicable event and click OK.
          Note: Will automatically only display cargo related (CP) events as all events entered in this field are related to applicable cargo.          Example:



        4. The pop-up will close and selected event will display as a populated row in the Events (or Cargo Port Events) field stating event number and type of event, for example, Cargo Loading.

          Example:

          Event: Cargo Loading


        5. Enter the event start date and time under Date/Time.
          Note          : Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".                      
        6. Repeat Steps 5ai 1-5 as applicable until all events related to the specific port and cargo has been entered.  
      2. To remove an event:
        1. Click the row to be removed - it will highlight. 
        2. Click Remove. A pop-up will open asking to confirm deletion. 
        3. Click Yes. The pop-up will close and the selected row delete.

    2. In the Cargo field: 
      1. Rate Demurrage and Rate Despatch are by default populated with data retrieved from the Voyage Estimate or Booking and Operations modules.
        Note: No rate is entered or despatch calculated for ports with "Free Despatch", i. e. ports that does not allow despatch (then check Free Despatch checkbox for applicable port/s).
      2. Leave Demurrage and Despatch fields blank as reversible terms will be used.
      3. Check Reversible to activate the reversible terms option.
        Note        : Reversible terms = the adding together of the time allowed for loading and discharging cargo at included ports and that the calculated demurrage and despatch in the included ports (option applied to) be totaled. By default all in a cargo's port rotation, but can be manually altered.The option requires a minimum of two ports on the cargo's port rotation (load and discharge port). No demurrage becomes payable until the total of all laytime allowed of included ports expires, i.e. like specifying a total time to cover both operations (loading and discharging) at these ports. The reversible terms option is only usable if allowed by the terms of the cargo’s charter party.

        Example:

         
         
    3. In the Cargo Port field (below Cargo field):
      1.  Click applicable port to enter laytime data to - it will highlight.
         Note: Initial port will by default always be selected. 
      2. Review the the Quantity and Terms fields for accuracy.
         Note: Populates with elsewhere retrieved data. Both fields are originally entered in either the Voyage Estimate or Booking and Operations modules and are automatically reflected in the Laytime Calculations module. Entered Quantity will in the Cargo Ports field by default display in the first load and discharge ports, but can be split when working with multiple ports. Terms data can be manually overridden, but quantity can only be adjusted in the Booking and Operations module (Cargo tab, Bill of Lading quantity). For a single cargo voyage, it is usually enough to only enter terms on the Cargo Ports field, but in case of total laytime (loading and discharging, especially in tanker scenarios) the total terms must be entered in applicable row field in either the Cargo field or the Charter Party field (Charter Parties tab). The terms in the Cargo Ports field will update accordingly.

        Example:



      3. Enter time and date laytime commenced in the row field of the selected port under the Laytime Commenced column.
        Note        : Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".

        Example:



      4. Rate Demurrage self-populates with the demurrage rate entered in the Voyage Estimate or Booking and Operations modules. IGNORE - will go blank once laytime is calculated as reversible terms are used.
      5. Rate Despatch self-populates with the despatch rate entered in the Voyage Estimate or Booking and Operations modules. IGNORE - will go blank once laytime is calculated as reversible terms are used.
        Note: No rate is entered for ports with "Free Despatch", i. e. ports that does not allow despatch (then check Free Despatch checkbox for applicable port/s).
      6. Review the Reversible Match column - edit as/if applicable: 
        1. Click cargo port row field to be edited under the Reversible Match column.
        2. Enter reversible match calculation number.
          Note:The Reversible Match column indicates which ports are to be calculated together and activates when Reversible is checked in the cargo row  field of the Cargo field.           All row fields under the column defaults to 1 for all cargo ports, i.e. to include the cargo's complete port rotation, but each can be manually overridden. The Reversible Match function applies when there are three or more ports in a cargo's port rotation. By default all are numbered 1, i.e. calculated together. However, if for example, a combination reads 1-2-2, the first port will be calculated separately and the other two together. How the ports of the rotation will be calculated therefore depends on the chosen Reversible Match combination. In non-reversible calculations, the number 1 will show but is deactivated from inclusion in any calculations.
        3. Repeat as applicable until complete correct reversible match calculation combination is applied to all applicable ports.

          Example:

          reversible match calculation combination: 1-1-1 (default)
           

    4. In the Deductions/Additions - Port Call XXX (Parcels -) field:
      1. Enter all deductions/additions as they occur.
        Note: XXX = displays selected port in the Port Call field and indicates the port for which deductions/additions are being made. The (Parcels -) indicates for which cargo deductions/additions are being made - when single cargo: will show as "-". Any deductions/addition applies to the selected cargo port ONLY. Also - in a single CP, single cargo situations, it is preferable to add all deductions/additions here, even those applicable to all cargoes of the port (when multiple CP's and cargoes entered in the Port Call Deduction field (Port Call tab), as they will apply to the single (ONLY) cargo anyway.
        1. To add a deduction:
          1. Click Create New. A blank deduction row till appear.



          2. Enter the date and time when the deduction commenced in the row field under the From Date/Time column.
            Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00". 
          3. Enter the date and time when the deduction ended in the row field under the To Date/Time column.
            Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
          4. Enter the reason for the deduction in the row field under Reason For Deduction.
            Note: Entered reason will display on a Laytime Statement.
          5. Prorate checkbox: LEAVE UNCHECKED.
             Note: ONLY applicable with multiple cargoes.
          6. Repeat Steps 5di1 a-e as applicable until all deductions occurring until laytime is completed has been added.
          7. Click Recalculate.
            Note: No calculations will be made until Recalculate is clicked - it is therefore possible to enter multiple additions without running a calculation, to wait until all additions are entered to click Recalculate and perform a single calculation for all or wait until all details for the entire laytime calculation is entered. 



          8. The entered laytime details will calculate, The number of days for each deduction is separately calculated and will display in each row under the Days column. The total of all deductions is accumulated and is deducted from the total laytime used (updates relevant row fields in both the Cargo and Cargo Port fields). 
        2.   To add an addition:
          1. Enter the date and time when the addition commenced in the row field under the From Date/Time column.
            Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
          2. Enter the date and time when the addition ended in the row field under the To Date/Time column.
            Note: Enter date and time as ddmmyytttt, for example: September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
          3. Enter a negative percentage in the row field under the % column.
            Note: Negative percentage = Adding time.

            Example:

            Two of four cranes broke down - enter "-50%".

          4. Enter the reason for the addition in the row field under Reason For Deduction.
            Note            : Entered reason will display on a Laytime State            ment - if printed
          5. Prorate checkbox: LEAVE UNCHECKED.
            Note: ONLY applicable with multiple cargoes.
          6. Repeat Steps 5di2 a-e as applicable until all deductions occurring until laytime is completed has been added.
          7. Click Recalculate.
            Note: No calculations will be made until Recalculate is clicked - it is therefore possible to enter multiple additions without running a calculation, to wait until all additions are entered to click Recalculate and perform a single calculation for all or wait until all details for the entire laytime calculation is entered.



          8. The calculated number of days for each addition will display in each row under the Days column. Also, the total of all additions will be added to the total laytime used.
        3. To delete a deduction/addition:
          1. Click the deduction/addition row to be removed - it will highlight.
          2. Click Remove. A pop-up will open asking to confirm deletion.
          3. Click Yes. The pop-up will close and the selected row delete.

    5. In the Cargo Ports field:
      1.  Once laytime is complete, enter time and date for laytime completion in the port row field of the selected port under the Laytime Completed column (Cargo Port field).
         Note: Enter date and time as ddmmyytttt, for example: for September 17 2014, 08:00, type: "1709140800". This will display as "17.09.14 08:00".
         
         Example:
         
         
         
  6. Repeat Steps 2-5 at each port of the cargo's port rotation until all relevant laytime data have been entered for all of the cargo's ports.
  7. Review all entered details and click Recalculate.
    Note: No calculations will be made until Recalculate is clicked, yet it can be clicked at any given time while entering data, for example, after entering data for one port or cargo or after entering deductions/additions - or wait until all details for the entire laytime calculation is entered. The calculation will refresh and recalculate to that point the most updated figures. However, the recalculate function will automatically be performed upon closing the Laytime Calculations module.



  8.  The laytime calculation is refreshed and recalculated, updating the following fields (Charter Party tab):

    1. In the Charter Party field (accumulated from fields in the Cargo- and Cargo Port fields):
      Note: The CP field show results for all cargoes accumulated results.

      1. Used displays the accumulated laytime used, i.e. the difference between completed and commenced time.
      2. Allowed displays the accumulated laytime allowed. 
      3. Deduct displays the accumulated time deducted/added for all the cargo's ports.
      4. Time Demurrage displays the accumulated time incurred (if any) on demurrage for all the cargo's ports.
        Note: If despatch is incurred (demurrage minus despatch plus/minus deductions/additions), the Time Demurrage field will go blank as reversible terms are used.
      5. Time Despatch displays the accumulated time incurred (if any) despatch for all the cargo's ports.
        Note: If demurrage is incurred (demurrage minus despatch plus/minus deductions/additions), the Time Despatch field will go blank as reversible terms are used.
      6. Demurrage displays the total accumulated incurred demurrage amount (if any).
        Note: If demurrage is incurred – there is no despatch as reversible terms are used.The demurrage amount is calculated and accumulated according to the demurrage rate and time on demurrage.
      7. Despatch displays the total accumulated incurred despatch amount (if any).
        Note        : If despatch is incurred – there is no demurrage as reversible terms are used. The despatch amount is calculated and accumulated according to the despatch rate and time on demurrage.

    2. In the Cargo field (accumulated from fields in the Cargo Port fields):
      Note: Displays results for per cargo accumulated results (i.e. all results for the ports of each cargo).
      1. Used displays the accumulated laytime used, i.e. the difference between completed and commenced time, for all the cargo's ports listed in the Cargo Ports field.
      2. Allowed displays the accumulated laytime allowed for all the cargo's ports listed in the Cargo Ports field.
      3. Deduct displays the accumulated time deducted/added for all the cargo's ports listed in the Cargo Ports field.
      4. Time Demurrage displays the accumulated time incurred (if any) on demurrage for all the cargo's ports.
        Note: If despatch is incurred (demurrage minus despatch plus/minus deductions/additions), the Time Demurrage field will go blank as reversible terms are used.
      5. Time Despatch displays the accumulated time incurred (if any) despatch for all the cargo's ports.
        Note        : If demurrage is incurred (demurrage minus despatch plus/minus deductions/additions), the Time Despatch field will go blank as reversible terms are used.
      6. Demurrage displays total incurred demurrage amount (if any).
        Note: If demurrage is incurred – there is no despatch as reversible terms are used. The demurrage amount is calculated and accumulated according to the demurrage rate and time on demurrage.
      7. Despatch displays total incurred despatch amount (if any).
        Note        : If despatch is incurred – there is no demurrage as reversible terms are used. The despatch amount is calculated and accumulated according to the despatch rate and time on despatch.

    3. In the Cargo Ports field for each port:
      Note: Displays results for per port and particular port.
      1. Laytime Expire will populate in case of demurrage, stating when allowed laytime actually ended.
        Note        : Actual laytime ended date will show in all ports when using reversible terms, not just in the port it occurred. For information purposes only.
      2. Used displays the laytime used, i.e. the difference between completed and commenced time (and the total of all deductions).
      3. Allowed displays the laytime allowed.
      4. Deduct displays how much time was added/deducted.
      5. Time on Demurrage displays the amount of time/per port incurred (if any) on demurrage or despatch (displays as a negative number).
        Note: For each port for a particular cargo time on demurrage or despatch is calculated. The figures are automatically accumulated to, and display in, the Cargo field (Time Demurrage or Time Despatch columns as applicable). Time on Demurrage/Despatch calculation: Laytime Allowed minus Laytime Used plus/minus the total of all deductions and additions (plus if deductions minus additions equals remaining deductions, minus if there are remaining additions).
      6. Rate Demurrage will go blank as reversible terms are used.
      7. Rate Despatch will go blank as reversible terms are used.
      8. Demurrage displays total incurred demurrage amount (if any).
        Note: If despatch is incurred – there is no demurrage in the Cargo Ports field - field will be blank.
      9. Despatch displays total incurred despatch amount (if any).
        Note        : If demurrage is incurred – there is no despatch in the Cargo Ports field - field will be blank.

    4. In the Deductions/Additions -Port Call XXX (Parcels -) field:
      1. Days: All deductions/additions recalculates and each row field displays the calculated number time (in days) each deduction/addition lasted.

  9. The laytime calculation is complete.
    Note: Appropriate fields in the /wiki/spaces/DLOYPRODUCTS/pages/923506307 and Booking and Operations modules automatically update with the Laytime Calculations module each time the calculation is refreshed and recalculated, i.e. each time Recalculate is clicked.

    Example:


Top
Back

Related Content

Expand to see related content

 

  • No labels