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As a continuation of Creating an Estimate, in the Veson IMOS Platform, follow these step-by-step instructions to evaluate Estimates.

Step 32: Access Estimate Panels

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In the Estimate details view, panel buttons on the right provide access to:

  1. P&L

  2. Settings to be able to mark the Estimate as a Template or Benchmark
    Note: Template estimates can be copied, but cannot be fixed.

  3. Tasks & Alerts

  4. Revisions to the Estimate

  5. Find Estimates search function

Step 33: Review the Estimate P&L

Now it’s time to check your Estimate result to determine whether or not this cargo is worth pursuing. The P&L panel will be accessible once vessel is selected for the Estimate. It can be expanded or collapsed by clicking its button:

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Step 34: Lock TCE & Profit

Sometimes, you don’t have a target/agreed freight rate for the cargo. Instead, the owner will plan with a targeted TCE or Profit for a vessel. In order to achieve a certain TCE or Profit, the charterer will check what freight rate they need to quote for a certain cargo. VIP provides a functionality to lock the TCE or voyage Profit. Both can be manually entered as preset value.

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Note: It is not possible to lock both Profit and TCE.

Step 35: Add Other Estimates to the Worksheet

Next, you may want to compare this voyage to another by creating another Estimate: What if you want to test another cargo? What if you want to try a different route? What if you want to slow down your vessel?

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  • New Estimate: Open a new blank estimate column.

  • Copy Estimate: Create a copy of the current Estimate in a new column.

  • Copy to TCO Estimate: Create a new copy of the current Estimate as a TC Out Estimate instead of cargo.

  • Analysis: Use sensitivity analysis tools for the current Estimate.

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Step 36: Compare Estimates Side by Side

Next, compare Estimates side by side in the Worksheet.

Again, you can use check boxes in each column to either lock Profit or TCE.

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Step 37: Save Your Worksheet

You may want to save all of your Estimates with all scenario comparisons together.

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  • Saving a Worksheet saves all of the Estimates it contains.

  • Worksheets can be edited and renamed.

  • They are accessible from the collapsed card panel on the left.

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Step 38: Find Estimates to Compare with

If you want to find an Estimate you created a few weeks ago, you can open the Find Estimate panel to search through existing Estimates.

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  1. Open the Filters panel.

  2. Find filters by typing in the search field.

  3. Define filter values to find specific estimates.

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Step 39: Create a Voyage Estimate List User View

User views help with saving frequently used list filters.

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