Configuration flag CFGMultiDemRate enables demurrage rates that change during the time on demurrage. 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.
You can use this form with VIP - Demurrage on Account, which supports incremental invoicing for demurrage over the life of a voyage for the discharging port.
To set up multiple Demurrage Rates, right-click a port in a VIP - Laytime Calculation and then click Demurrage/Despatch Rates.
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