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Configuration flag CFGEnableTimeCharterCOAContracts must be enabled. You must have the Time Charter Out COA and Time Charter Out COA List Module Rights enabled, under Time Charter Manager in Chartering. |
A Time Charter (TC) Out Contract of Affreightment (COA) works similarly to Cargo COAs and VC In COAs, in that it is a parent layer above the individual linked liftings.
Time Charter Out COA List
To access the Time Charter (TC) Out COA List, on the Chartering menu …, under Time Charter Manager, click Time Charter Out COA - List.
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To add or remove fields from the TC Out COA List view, select the Columns icon. You can then select or deselect the fields you wish to be included or excluded.
Time Charter Out COA
To access the TC Out COA form, do one of the following:
On the Chartering menu …, under Time Charter Manager, select Time Charter Out COA.
On the TC Out COA List, either:
Select + to create a new contract.
Select a row to open an existing contract.
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Many fields (e.g. Payment Terms, Billing Period, Billing Schedule) on the TC Out COAs form can be left blank and then adjusted at the individual Time Charter contract level. If you adjust this information on the TC Out COA form, it will also show up on the individual Time Charter contracts. |
Toolbar
Use tools on the toolbar to create, retrieve, save, copy, or delete records.
Create TC: Create a Time Charter Out
Exposure Tab
On the Exposure tab, you can enter the Exposure information as it will be processed in the Trading module. If a contract of affreightment (COA) has been created but does not yet have any shipments, the theoretical shipments will be put in the Exposure tab, as long as the status of the contract is confirmed.
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Using the TC Exposure Periods table, you can mark your positions to market based on multiple routes for different periods.
Using the Bunker Exposure table, you can track hedging your bunkers for delivery and redelivery against a forward curve: Enter the bunker symbols to be used for the Mark-to-Market of the delivery and redelivery bunkers.
Using the Unavailable Days table, you can specify the number of days that the vessel is planned to be unavailable. This value is reflected as Weighted Days in the Trading P&L Summary and Trade Details list.
Linked Shipments Tab
On the Linked Shipments tab, you can view and open linked shipments that have been created. When you select a linked shipment to open it, you will be directed to the Time Charter contracts that are linked to the COA.
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To create a new Time Charter, take the following steps:
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