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IMOS
IMOS
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Scenario

Paid By

For Account

Description on the Voyage Manager Bunkers tab

Operator

Operator

Paid by Operator

Operator

TCO Charterer

Supplement to Delivery

TCO Charterer

Operator

For Operator's Account

TCO Charterer

TCO Charterer

-

Operator

TCI Owner

For TCI Owner's Account

TCI Owner

Operator

Supplement to Delivery

TCI Owner

TCI Owner

Paid by TCI Owner

Operator for Operator

Bunkers paid by the Operator for the Operator’s Account are not settled on the TC Out contract.

...

Paid By

For Account

Description on the Voyage Manager Bunkers tab

Operator

Operator

Paid by Operator

...

The logic is as follows: The Operator has paid the bunkers at lifted price outside the TC Out contract, but the Operator is still buying all bunkers from the TCO Charterer on redelivery @ CP price, including the bunkers paid by the Operator. Hence, the Operator deducts the money from the bill to the TCO Charterer.

Operator for TCO

For a bunker lifting, if the invoice is paid by the Operator but the bunkers are for the TCO Charterer’s Account, the following is shown:

Paid By

For Account

Description on the Voyage Manager Bunkers tab

Operator

TCO Charterer

Supplement to Delivery

...

In addition to the cost on delivery and redelivery, a line appears for IFO Supplement to Delivery with the amount lifted for the TCO Charterer and paid by the Operator at the price of selling: 600 USD/MT (IFO price from the TC Out contract)

TCO for Operator

For a bunker lifting, if the invoice is paid by the TCO Charterer but the bunkers are for the Operator’s Account, the following is shown:

Paid By

For Account

Description on the Voyage Manager Bunkers tab

TCO Charterer

Operator

For Operator's Account

...

The logic is as follows: The payable redelivery quantity @ CP price should be less than the total quantity redelivered because part of the redelivered quantity already belongs to the Operator when the TCO Charterer gets the lifting. Subsequently, the Operator settles this amount at the buying price with the Charterer (line 4).

TCO for TCO

For a bunker lifting, if the invoice is paid by the TCO Charterer but the bunkers are for the TCO Charterer’s Account, the lifting does not show on any charter party. This information is not relevant to the IMOS user in this scenario; knowing this only affects the projected redelivery amount.

Paid By

For Account

Description on the Voyage Manager Bunkers tab

TCO Charterer

TCO Charterer

-

...

The logic is as follows: The TCO Charterer is responsible for its own bunker consumption throughout the TC Out contract, so it is not important for Operator to know how much the Charterer lifted.

Operator for TCI

For a bunker lifting, if the invoice is paid by the Operator but the bunkers are for the TCI Owner’s Account, the following is shown:

Paid By

For Account

Description on the Voyage Manager Bunkers tab

Operator

TCI Owner

For TCI Owner’s Account

...

Similarly, the Operator subtracts the Owner’s Account (600 MT) from redelivery bunker quantity from TCI payment @ CP price and separately claims via Owner’s Account Paid by Charterer @ selling price.

TCI for Operator

For a bunker lifting, if the invoice is paid by the TCI Owner but the bunkers are for the Operator’s Account, the following is shown:

Paid By

For Account

Description on the Voyage Manager Bunkers tab

TCI Owner

Operator

Supplement to Delivery (TCI)

...

In addition to the cost on delivery and redelivery, a line appears for Supplement to Delivery with the Operator paying the invoiced price to the TCI Owner.

TCI for TCI

If a bunker is lifted and the invoice is paid by the TCI Owner, the bunkers are for the TCI Owner’s Account, and the following is shown:

Paid By

For Account

Description on the Voyage Manager Bunkers tab

TCI Owner

TCI Owner

Paid by TCI Owner

...