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title | Related Config Flags |
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| CFGEnableGeneralUnpricedComponent |
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| Adds an Unpriced Elements button to the toolbar, giving you access to the Unpriced Component form, on which you can record index-linked components. |
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| CFGUseCompanyLobTradeAreaHierarchy |
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| Sets up a hierarchy between Company, LOB, and Trade Area on this form. |
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| CFGEnforceCOAItinerary |
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| Turns on validations between a cargo and the COA associated with it. |
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| CFGContractReferenceURL |
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| Converts the Contract Link field to a Hyperlink. This is used to interface with third party systems such as Chinsay. |
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| CFGDeleteFixtureUponVoyageDeletion |
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| 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. |
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| CFGResetCOALiftingUponFixtureDeletion |
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| 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.
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| CFGEnableContractMirroring |
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| 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. |
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| CFGShowRemittanceInCargo |
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| Adds Remittance Bank, Invoice %, Payment Terms, and Balance % fields to the CP Terms Details, Cargo COA, Cargo, VC 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. |
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| 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. |
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| CFGRestrictCargoFromCOA |
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| Causes the Cargo selection on the Cargo form to respect the Cargo list in the linked COA. |
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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.
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title | Related Config Flags |
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| CFGScheduleMaxLiftCFGAutoNumberCOA |
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| 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. |
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| columnAutomatically assigns a Contract ID number on COAs. | |
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| CFGRestrictCargoFromCOACFGEnableOpsLOB |
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| Causes the Cargo selection on the Cargo form to respect the Cargo list in the linked COA. |
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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.
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title | Related Config Flags |
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| Automatically assigns a Contract ID number on COAs. |
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| If enabled, displays an LOB (Line of Business) field on the Address (Type W), Estimate, Voyage Fixture, Voyage Details, and contract forms. |
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| 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. |
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| 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.
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title | Related Config Flags |
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title | Related Config Flags Section |
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| CFGUseSymmetricalBAF |
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| 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. |
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| CFGLockBunkerSurchargeOnFix |
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| 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. |
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| CFGEnableCOAPlanningPeriod |
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| 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). |
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| CFGEnforceOpsLedgerCodeCommissionableProperty |
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| 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. |
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| CFGDefaultClaimCommissionInvoiceSetting |
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| 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 |
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| CFGEnableBerthInLoadDischOptions |
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| 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. |
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| CFGEnableBerthInPriceMatrix |
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| If enabled, allows the Berth to be specified when determining Cargo and COA pricing. |
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| CFGEnableBerthInLoadDischOptionsCFGApplyICAdjustmentToXfrt |
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| 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. |
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| CFGEnableBerthInPriceMatrix |
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| If enabled, allows the Berth to be specified when determining Cargo and COA pricing. |
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| CFGApplyICAdjustmentToXfrt |
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| 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). |
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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:
- On the Cargo COA, click Image Removed and then click Update Cargo.
Image Removed - Change any setup options and click Update. The liftings appear below.
- 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). |
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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:
- On the Cargo COA, click Image Added and then click Update Cargo.
Image Added - Change any setup options and click Update. The liftings appear below.
- Adjust the liftings as needed, then click OK to create the Cargoes.
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title | Related Config Flags |
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| CFGDefaultCargoStatus |
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| 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. |
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| CFGConfirmLinkedLiftingsViaCOA |
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| 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. |
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| CFGDefaultCargoStatusCFGLinkCargoRefContractToCoa |
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| 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. |
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| CFGConfirmLinkedLiftingsViaCOACFGEnableCargoBooking |
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| 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. |
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| CFGLinkCargoRefContractToCoa |
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| 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. |
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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.
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title | Related Config Flags |
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| CFGEnableCargoBookingCFGEnableBenchmarkEstimate |
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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.
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title | Related Config Flags |
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| CFGEnableBenchmarkEstimate |
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| 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. | |
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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.
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