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When you select Bunkers on Consumption for a TC In, TC bunker adjustment is the difference between the owner bunker cost and TC contract bunker cost.

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Time Charter Out

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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When 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 and redelivery bunker quantities and pricing.

(In order to not swing the P&L, the bunkers on consumption adjustment is only calculated once the Z port has been actualized).