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Home > Chartering > Unpriced Component

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On a CargoVC InTime Charter In, or Time Charter Out contract, click Add Unpriced Elements.

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On the Unpriced Component form, do any of the following:

  • Add remarks to the field at the top (up to 512 characters).

  • Click + to add a set of fields for each component and complete them.

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In the General section, you can define the Unpriced Component and its market curve details.

The Unpriced Component form includes Settlement Curve and Forward Curve fields, enabling users to select two symbols in case the settlement curve does not have forward rates.

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You can create the following Components:

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The checkbox Apply Corr. to Days is available when the Structure checkbox is selected. This checkbox accounts for correlation values in the pricing structure, improving your ability to assess market risk. When applied, VIP the Veson IMOS Platform adjusts the calculated Exposure Days with a formula that subtracts the correlation value in the structure to better reflect the number of days in the period exposed to the market.

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After you close the Unpriced Component form, you can click Edit Unpriced Elements to edit the Unpriced Components.

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On the Freight Invoice, you can view Unpriced Components, override the Market Rate, and view the Unpriced Component Rate Breakdown report.

  1. On Voyage Details, click Freight and then click Freight Invoice.

  2. Type a Counterparty for the Freight Invoice. The Unpriced Components tab appears on the Cargo grid:

  3. Do any of the following:

    • To override the Market Rate, edit the Market Rate field.

    • To view the Unpriced Component Rate Breakdown report, right-click the line and click Rate Breakdown.

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