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As the TC owner for TC Out contracts, you know the delivery and redelivery quantity and price. As a result, on the TC Out Bunkers tab, you can select Bunkers on Consumption to calculate delivery and redelivery adjustments.
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This can cause massive swings in the P&L if there are considerable price differences between the bunker inventory before the time charter out, and the bunker inventory after the time charter out TC Out voyage bunkers were redelivered at the contractual price.
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When
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you select Bunker on Consumption, the bunkers consumed during the voyage calculate based on the bunker inventory prices. The only adjustment on the P&L will be based on the difference between the delivery
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and
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redelivery
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bunker quantities and pricing.
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