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changes.mady.by.user Kinga Broton

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  • Scenario 1: Bunker adjustment in a TCO voyage is calculated according to the difference between the FIFO inventory value of the voyage and the TCO delivery bunkers. The ending voyage bunkers of the TCO voyage will be priced at the TCO contract redelivery price.

    TCO bunker adjustment = TC1 – VB1

  • Scenario 2: Bunker adjustment in a TCO voyage is calculated according to the difference between the FIFO inventory value of the voyage and the TCO bunkers both on delivery and redelivery. The ending voyage bunkers will be priced according to the FIFO voyage quantities and prices on delivery.  In both cases, if there have been bunker purchases by the owner during the time charter voyage, these purchases will be treated separately according to FIFO. It’s activated with the Bunkers on Consumption checkbox.

    TCO bunker adjustment = (TC1 – VB1) + (VB2 – TC2)