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Table of Contents

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This is not required for a TC estimation. However, if required, you may input for record purposes in Voyage.

3.3 TC Bunkers

3.3.1 Delivery/ Redelivery Port

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In any case, if the BOR shows a negative figure, you may ignore it. This is to tell you that if the vessel follows the voyage itinerary with no bunker lifted in between, the vessel has insufficient bunker for propulsion to the Redelivery port. This is something which the user needs to take action at the Voyage level, and not at the Estimate level.

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a. Duration

b. Gross Bunkers: Cost of Bunker regardless of whose account

c. Net Bunkers: Cost outside of the TC, typically owners account

d. Positioning Bunkers: Cost of consumption from start (open) until delivery

e. Bunkers PNL: When the vessel is delivered to the charterer, the bunkers on board have an inventory value based on FIFO. When this ROB is sold to the charterer on delivery, the price is not necessarily the same as the inventory value. It may be sold at a market value or a C/P value. Bunkers PNL is the resulting difference. Refer to 3.3.2 Delivery/ Redelivery Bunker Qty & Price for more details.

f. Total Delivery Bunkers: Value of bunkers sold to charterer

g. Total Redelivery Bunkers: Value of bunker to purchase back from charterer

h. TC Bunkers: The simple difference between Delivery and Redelivery ignoring any stems

i. TC Stems: The value of Stems purchased by the charterer during the TC. Recorded in Voyage.

j. Net TC Bunkers: The cost during the TC, typically charterers account

4.0 Revenue & Expense

4.1 Adding Ballast Bonus

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  1. Input a Freight line item under Revenue and leave the rest of its field blank

  2. Click Fixture 1 to open up a Sensitivity Analysis window

  3. Input the desired TCE you like to achieve for this Estimate.

  4. Once a desired TCE is inputted, VMS calculates what is the Ballast Bonus you will need to include in order to achieve the TCE. In this case, to pump up the TCE from the original 8,703.30 per day to 9,000 per day, VMS suggested including a Ballast Bonus of 23,000 dollars. Click the hyperlink on 23,000.

  5. Once clicked, VMS automatically adds the value to the Freight (Ballast Bonus). At the same time, with consideration of the newly added Freight (Ballast Bonus), VMS adjusted TCE to the desired TCE of about 9,000 per day.

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The inputting for any other Revenue or Expense item is the same as how it is inputted in an Estimate (Voyage).

5.0 Bunkers & Emission

Please see Bunkers & Emissions