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Configuration flag CFGMultiDemRate enables demurrage rates that change during the time on demurrage.

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You can create multiple Laytime Calculations that use different Demurrage/Despatch Rate tables. If the rate table differs between the load and discharge port, two separate calculations must be created.

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To set up multiple Demurrage Rates, right-click a port in a Laytime Calculation and then click Demurrage/Despatch Rates. Image Removed

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Enter Days and Demurrage and Despatch Rates.

Rules for calculating:

  • If this form is populated, the rates entered here supersede whatever is entered in the port line for the entire laytime.

  • If only one Demurrage Rate is defined, it is used for the whole period.

  • If a rate is defined with the highest Days less than the demurrage time, that rate is used for all extra time.

  • In the example above, the following rates are applied:

    • First 5 days = $1K/day

    • Next 10 days = $2K/day

    • Next 15 days and beyond = $3K/day

  • Demurrage/despatch amount for the calculation is calculated for each port individually based on this setup - then summed up.

  • The average demurrage (or despatch - whichever applies to the port) rate for each port - based on this setup and the balance days at the port - is displayed in the Dem Rate/D and Des Rate/D columns in the Laytime Calculation's itinerary grid accordingly.

For example:

  • let's say, our calculation has the loading port NEW YORK - with 7 demurrage days balance - and the discharging port BOSTON with 17 days demurrage days balance.

  • demurrage amount for the calculation - based on the example setup above - will be:

    • NEW YORK demurrage amount will be: 5*1,000 + 2*2,000 = $9,000

    • BOSTON demurrage amount will be: 5*1,000 + 10*2,000 + 2*3,000 = $31,000

    • Total demurrage for our calculation is $40,000.