Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Expand
titleRelated Config Flags

Section
bordertrue
Column
width30%

CFGEnableGeneralUnpricedComponent

Column
width70%

Adds an Unpriced Elements button to the toolbar, giving you access to the Unpriced Component form, on which you can record index-linked components.

Section
bordertrue
Column
width30%

CFGUseCompanyLobTradeAreaHierarchy

Column
width70%

Sets up a hierarchy between Company, LOB, and Trade Area on this form.

Section
bordertrue
Column
width30%

CFGEnforceCOAItinerary

Column
width70%

Turns on validations between a cargo and the COA associated with it.

Section
bordertrue
Column
width30%

CFGContractReferenceURL

Column
width70%

Converts the Contract Link field to a Hyperlink. This is used to interface with third party systems such as Chinsay.

Section
bordertrue
Column
width30%

CFGDeleteFixtureUponVoyageDeletion

Column
width70%

When a voyage is deleted, its Voyage Fixture is also deleted. If the voyage was created from a Cargo COA (with CFGPreserveGeneratedCargoes disabled), the voyage's Cargo is deleted as well.

Section
bordertrue
Column
width30%

CFGResetCOALiftingUponFixtureDeletion

Column
width70%

When a Voyage Fixture is deleted, and its Cargo is a COA lifting, or when a COA Cargo is unscheduled by removing it from a voyage, the lifting is reset as follows:

  • The Cargo Status is set to Confirmed.
  • The Cargo Qty is reset to the Qty/Lifting value from the COA.
Section
bordertrue
Column
width30%

CFGEnableContractMirroring

Column
width70%

Enables the following types of intercompany contracts to be mirrored: Cargo COA, VC In COA, Cargo, VC In, Time Charter In, Time Charter Out, and FFA/Option/Bunker Swap Trade. When a contract of one of these types is created with internal counterparties, mirrored contract from the opposite perspective is automatically created, so that users from both legal entities can manage the contract and include it in both their operational planning and their trading exposure and P&L.

Section
bordertrue
Column
width30%

CFGShowRemittanceInCargo

Adds Remittance BankInvoice %Payment Terms, and Balance % fields to the CP Terms Details, Cargo COA, CargoVC In COA, and VC In forms. Also adds a Remittance Bank field to Time Charter Other Information. Remittance information flows between these places; for example, fixing an Estimate will transfer the remittance information.

  • In a Cargo COA, VC In, or Time Charter Out, changing the Company clears the remittance bank information, as this may change with a change to the Company.
  • In a VC In COA or Time Charter In, changing the Owner clears the remittance bank information, as this may change with a change to the Owner.
  • A default value for the Remittance Bank for each currency can be selected in the Address Bank Links Tab for Cargo COA, Cargo, and Time Charter Out (Other Information) contracts, but it can be changed later.
    Column
    width70%

    Section
    bordertrue
    Column
    width30%

    CFGScheduleMaxLift

    Column
    width70%

    Sets the Cargo CP Quantity to the Max Lift Quantity when scheduling a single cargo voyage where discharge is after all loads in the itinerary, using Create New Voyage from a COA or a Cargo or Schedule Voyage from a Cargo. After initial scheduling, all changes to CP Quantity must be made manually; there will be no automatic updates.

    Section
    bordertrue
    Column
    width30%

    CFGRestrictCargoFromCOA

    Column
    width70%

    Causes the Cargo selection on the Cargo form to respect the Cargo list in the linked COA.

    General Information, Cargoes, and Vessel Types

    In this section of the Cargo COA, complete the information as appropriate.

    Image Added

    • In the Cargo grid: Cargo Names that are allowed for the liftings under the contract.
    • In the Vessel Type grid: Vessel Types to fulfill the contract.

     

    Expand
    titleRelated Config Flags

    Section
    bordertrue
    Column
    width30%

    CFGScheduleMaxLiftCFGAutoNumberCOA

    Column
    width70%

    Sets the Cargo CP Quantity to the Max Lift Quantity when scheduling a single cargo voyage where discharge is after all loads in the itinerary, using Create New Voyage from a COA or a Cargo or Schedule Voyage from a Cargo. After initial scheduling, all changes to CP Quantity must be made manually; there will be no automatic updates.

    Section
    bordertrue
    column

    Automatically assigns a Contract ID number on COAs.

    Section
    bordertrue
    Column
    width30%

    CFGRestrictCargoFromCOACFGEnableOpsLOB

    Column
    width70%

    Causes the Cargo selection on the Cargo form to respect the Cargo list in the linked COA.

    General Information, Cargoes, and Vessel Types

    In this section of the Cargo COA, complete the information as appropriate.

    Image Removed

    • In the Cargo grid: Cargo Names that are allowed for the liftings under the contract.
    • In the Vessel Type grid: Vessel Types to fulfill the contract.

     

    Expand
    titleRelated Config Flags
    Section
    bordertrue
    Column
    width30%

    CFGAutoNumberCOA

    Column
    width70%

    Automatically assigns a Contract ID number on COAs.

    Section
    bordertrue
    Column
    width30%

    CFGEnableOpsLOB

    Column
    width70%

    If enabled, displays an LOB (Line of Business) field on the Address (Type W), Estimate, Voyage Fixture, Voyage Details, and contract forms.

    Section
    bordertrue
    Column
    width30%

    CFGEnableStandards

    Column
    width70%

    Hides the Port Expense field on some forms, enables standards for expenses, adds a Port Expenses Details form and a Port Expenses Details button on the Port Expenses Summary to open it, and adds an ECA Factor field (which populates based on ECA Recovery Charge rules) to Cargo/VC In COA, Cargo/VC In, and CP Terms Details forms. When detail-level port expenses are being used, the PortExp column in the Voyage Manager Itinerary behaves the same as the PortExp column in the Voyage Estimate itinerary:

    For a port with no detail-level port expenses, you can edit its PortExp amount in the Voyage Manager Itinerary Cargo

    If enabled, displays an LOB (Line of Business) field on the Address (Type W), Estimate, Voyage Fixture, Voyage Details, and contract forms.

    Section
    bordertrue
    Column
    width30%

    CFGEnableStandards

    Column
    width70%

    Hides the Port Expense field on some forms, enables standards for expenses, adds a Port Expenses Details form and a Port Expenses Details button on the Port Expenses Summary to open it, and adds an ECA Factor field (which populates based on ECA Recovery Charge rules) to Cargo/VC In COA, Cargo/VC In, and CP Terms Details forms. When detail-level port expenses are being used, the PortExp column in the Voyage Manager Itinerary behaves the same as the PortExp column in the Voyage Estimate itinerary:

    • For a port with no detail-level port expenses, you can edit its PortExp amount in the Voyage Manager Itinerary Cargo Tab. The voyage P&L shows this amount as estimated expenses for that port.
    • For a port with a single detail-level expense, that amount appears and can be edited in the voyage itinerary PortExp field. An estimated expense entered before creating the detail-level expense is no longer displayed in the voyage P&L.
    • For a port with multiple detail-level expenses, the itinerary PortExp field shows the sum of the detail-level expenses for that port and cannot be edited.
    • When CFGVoyageExpenseAllocation is set to Y, a Voyage Expense Allocation section will be added to the Voyage Estimate Profit & Loss Report, and optionally to the Voyage Profit & Loss Report.

    ...

    Related Config Flags
    Expand
    titleRelated Config Flags
    Expand
    title

    Section
    bordertrue
    Column
    width30%

    CFGUseSymmetricalBAF

    Column
    width70%

    Implement Symmetrical Bunker Adjustment Factor (BAF) for the Price Matrix (with options determined by configuration flag CFGLockBunkerSurchargeOnFix).

    The Bunker Adjustment Factor can be allocated on a per cargo basis, and each freight adjustment can be based on a specific market, with an individual adjustment as required. Bunker exposure associated with a confirmed Cargo is derived from the Estimate Matrix tab and reflected in the Exposure report.

    Section
    bordertrue
    Column
    width30%

    CFGLockBunkerSurchargeOnFix

    Column
    width70%

    The Bunker Adjustment Factor can be used to adjust the Freight Rate based on the bunker price, rather than using a Bunker Market table on the Cargo form. On the Pricing tab, under Bunker Adjustment, select a Symbol and enter a Quantity, Price, and BAF. When the voyage is fixed, the price is frozen, based on the market curve, based on the Laycan From Date. The BAF is also used in exposure calculations before the voyage is fixed.

     Options for the Symmetrical Bunker Adjustment Factor (BAF) for the Price Matrix:

    • N = A Cargo with BAF has Extra Freight Term ZR for the Bunker Adjustment when the Cargo is fixed, which varies with the bunker market rate.
    • Y = A Cargo with BAF has Extra Freight Term BR, whose value is locked when the Cargo is fixed.

    The Extra Freight Term for BAF is only created if a bunker surcharge exists at the time of fixing the cargo.

    Section
    bordertrue
    Column
    width30%

    CFGEnableCOAPlanningPeriod

    Column
    width70%

    Adds Planning Periods functionality to COAs, with Lift Size and Option % fields and a Planning Period grid. The Pricing information for a Planning Period can be specified in the Planning Period field on the Pricing tab. When linked liftings have the Use Pricing from COA check box enabled, the Pricing information will be inherited from the COA, based on which Planning Period is selected in the Cargo form. This feature should not be used with Cargo Booking (CFGEnableCargoBooking and related flags).

    Section
    bordertrue
    Column
    width30%

    CFGEnforceOpsLedgerCodeCommissionableProperty

    Column
    width70%

    When enabled, the Commissionable setting of an Operations Ledger Code alone determines whether claim and freight adjustment line items are commissionable. When enabled, the commissionable setting cannot be overridden in invoices or per broker.

    Section
    bordertrue
    Column
    width30%

    CFGDefaultClaimCommissionInvoiceSetting

    This flag controls the default setting for broker commissions on Claims by setting the default value of M on TC In, TC Out, Cargo, Cargo COA, VC In, and VC In COA broker grids. Possible values:

  • 0 (default): Claims are not commissionable.
  • 1: Claim commissions will be invoiced separately.
  • 2: Commissions will be deducted from the Claim Invoice
    Column
    width70%

    Section
    bordertrue
    Column
    width30%

    CFGEnableBerthInLoadDischOptions

    Column
    width70%

    On the Pricing tab of Cargo COA, Cargo, VC In COA, and VC In forms, Load Port(s) and Discharge Port(s) column labels change to Load Port/Berth(s) and Discharge Port/Berth(s) respectively.

    Section
    bordertrue
    Column
    width30%

    CFGEnableBerthInPriceMatrix

    Column
    width70%

    If enabled, allows the Berth to be specified when determining Cargo and COA pricing.

    Section
    bordertrue
    Column
    width30%

    CFGEnableBerthInLoadDischOptionsCFGApplyICAdjustmentToXfrt

    Column
    width70%

    On the Pricing tab of Cargo COA, Cargo, VC In COA, and VC In forms, Load Port(s) and Discharge Port(s) column labels change to Load Port/Berth(s) and Discharge Port/Berth(s) respectively.

    Section
    bordertrue
    Column
    width30%

    CFGEnableBerthInPriceMatrix

    Column
    width70%

    If enabled, allows the Berth to be specified when determining Cargo and COA pricing.

    Section
    bordertrue
    Column
    width30%

    CFGApplyICAdjustmentToXfrt

    Column
    width70%

    If enabled, for a model B mirrored freight contract (Cargo / VC In and Cargo / VC In COAs), an Extra Freight Term is adjusted by IC Adj % in the same way as the base freight, if the Extra Freight Term type is Rate or Lumpsum (not Percent).

    Linked Liftings Tab

    After Cargoes are created, they appear on the Linked Liftings tab of the Cargo COA.

    Image Removed

    Liftings in a CCOA or VCOA are color coded by status:

    • Inquiry: White background with black text
    • Confirmed Cargo/VC In but not linked to a VC In/Cargo: Blue background with black text
    • Confirmed Cargo/VC In linked to a VC In/Cargo: Green background with black text
    • Fixed: Yellow background with black text
    • Withdrawn: White background with red text 
      In the Firm Liftings field, you can select to view Remaining, Completed, or Total.

    To view and edit the details on the Cargo form, right-click a lifting and then click Cargo Details.

    Updating Cargoes

    To update Cargoes, that is, liftings, under a Cargo COA:

    1. On the Cargo COA, click Image Removed and then click Update Cargo.
      Image Removed
    2. Change any setup options and click Update. The liftings appear below.
    3. Adjust the liftings as needed, then click OK to create the Cargoes.

     

    If enabled, for a model B mirrored freight contract (Cargo / VC In and Cargo / VC In COAs), an Extra Freight Term is adjusted by IC Adj % in the same way as the base freight, if the Extra Freight Term type is Rate or Lumpsum (not Percent).

    Linked Liftings Tab

    After Cargoes are created, they appear on the Linked Liftings tab of the Cargo COA.

    Image Added

    Liftings in a CCOA or VCOA are color coded by status:

    • Inquiry: White background with black text
    • Confirmed Cargo/VC In but not linked to a VC In/Cargo: Blue background with black text
    • Confirmed Cargo/VC In linked to a VC In/Cargo: Green background with black text
    • Fixed: Yellow background with black text
    • Withdrawn: White background with red text 
      In the Firm Liftings field, you can select to view Remaining, Completed, or Total.

    To view and edit the details on the Cargo form, right-click a lifting and then click Cargo Details.

    Updating Cargoes

    To update Cargoes, that is, liftings, under a Cargo COA:

    1. On the Cargo COA, click Image Added and then click Update Cargo.
      Image Added
    2. Change any setup options and click Update. The liftings appear below.
    3. Adjust the liftings as needed, then click OK to create the Cargoes.

     

    Expand
    titleRelated Config Flags

    Section
    bordertrue
    Column
    width30%

    CFGDefaultCargoStatus

    Column
    width70%

    Sets the default status of the linked liftings. If set to 1 when the user does not have rights to edit confirmed cargoes, the Status on the Create Cargo/VC In Setup form is set to Inquiry.

    Section
    bordertrue
    Column
    width30%

    CFGConfirmLinkedLiftingsViaCOA

    Column
    width70%

    Updates the status of the linked liftings from their current state (for example, Default) to Confirmed once the status of the parent COA is changed from Pending to Confirmed.

    Section
    bordertrue
    Column
    width30%

    CFGDefaultCargoStatusCFGLinkCargoRefContractToCoa

    Column
    width70%

    Sets the default status of the linked liftings. If set to 1 when the user does not have rights to edit confirmed cargoes, the Status on the Create Cargo/VC In Setup form is set to InquiryEnables updating of the Ref Contract field (available when flag CFGEnableContractReferenceCompany is enabled) on the Cargo/VC In from the Cargo COA/VC In COA forms. COA-linked cargoes that have not been fixed inherit their Ref Contract from the COA.

    Section
    bordertrue
    Section
    border
    Column
    width30%

    CFGConfirmLinkedLiftingsViaCOACFGEnableCargoBooking

    Column
    width70%

    Updates the status of the linked liftings from their current state (for example, Default) to Confirmed once the status of the parent COA is changed from Pending to Confirmed.

    Section
    bordertrue
    Column
    width30%

    CFGLinkCargoRefContractToCoa

    Column
    width70%

    Enables updating of the Ref Contract field (available when flag CFGEnableContractReferenceCompany is enabled) on the Cargo/VC In from the Cargo COA/VC In COA forms. COA-linked cargoes that have not been fixed inherit their Ref Contract from the COA.

    Enables the Cargo Booking form.

    Exposure Tab

    Config flag CFGEnableBenchmarkEstimate adds an Exposure tab to the Cargo COA. On this tab, you can enter information for the calculation of mark-to-market bunker exposure.

    Image Added

    • Inbound: Synced with all linked liftings that have the Use Pricing From COA check box checked. For those Cargoes, the Inbound check box is not editable.



    Expand
    titleRelated Config Flags

    Section
    bordertrue
    Column
    width30%

    CFGEnableCargoBookingCFGEnableBenchmarkEstimate

    Column
    width70%

    Enables the Cargo Booking form.

    Exposure Tab

    Config flag CFGEnableBenchmarkEstimate adds an Exposure tab to the Cargo COA. On this tab, you can enter information for the calculation of mark-to-market bunker exposure.

    Image Removed

    • Inbound: Synced with all linked liftings that have the Use Pricing From COA check box checked. For those Cargoes, the Inbound check box is not editable.
    Expand
    titleRelated Config Flags
    Section
    bordertrue
    Column
    width30%

    CFGEnableBenchmarkEstimate

    In Estimate Details view, on the workspace menu Image Removed, a Benchmark check box appears. To mark an Estimate as a Benchmark Estimate, select the check box. Benchmark Estimates must have exactly one cargo, and they cannot be fixed.

    On Cargo COA and Cargo forms, an Exposure tab appears. If a cargo is linked to a Benchmark Estimate via the Exposure tab, the market rate is used as the TCE in the Benchmark Estimate and the $/ton rate back-calculates in the Trading Profit and Loss.
    Column
    width70%

    Properties Tab

    On the Properties tab, when User Defined Fields applicable to a Cargo COA are set up in the Data Center, they can be selected here and values entered for them.

    ...