VIP - CP Terms Details

The CP Terms Details form includes the details from the Charter Party contract for a specific cargo.

To add or update CP Terms information:

• To add information while adding a new Cargo to a Worksheet, click a CARGO NAME link.

• To open CP Terms Details, in the Cargoes grid on an Estimate in Details view or the Voyage Manager, right-click a line item and then click CP Terms Details.
   
• To import Cargo, click  then set search criteria and select one or more Cargoes.
• For Option % and Opt Type, see Cargo Tolerance Option Types.
• To specify a Freight Currency that is different from the Base Currency, click the Frt Type/Curr link to open the Convert CP Currency form. 
  Note: You can specify the number of decimals in the Freight Invoice for a Freight Type that is Rate/Lumpsum/Daily.
  

• Freight Type E can be selected for Tows, however, pricing information cannot be entered, and no Equipment Contract is back-created. 

  • Cargoes with equipment and pricing information can be used in the Voyage Estimate, but cannot be edited. When the voyage is fixed or scheduled, the equipment and pricing information that was entered on the Cargo form will be preserved.
• To enter detailed information about Suppliers or Receivers, click  or .

Itinerary Tab

On the Itinerary tab, make any adjustments to Laytime Terms and other information for ports.

Itin Options Tab

On the Itin Options tab, record the load and discharge options as specified in the Charter Party. 

• Note: Adding data to the tables on this tab is not required. Data on the Itinerary tab drives the creation of the Voyage Fixture and the subsequent scheduled voyage's itinerary.

Pricing Tab

On this tab, record the pricing options associated with the Cargo for specific load/discharge port options. Based on the load/discharge ports used in the voyage created from this Fixture, the associated Freight Rate and Extra Freight Terms are added to this table. For more information on this tab, see the COA Pricing tab.

• To use Advanced Pricing to create configurable rules for pricing contracts, select the Advanced check box.

• Neither Top-off nor Reverse Top-off are supported in connection with Interservice Cargoes. Scenarios where this support would be useful arise only rarely, typically in the following way:

  • The Cargo is set for Reverse Top-off, with both discharges set to occur at the same port.
  • Only part of the Cargo is discharged under the inbound voyage; the remainder is left on board, to be discharged on the following outbound voyage.
  • The recommended solution is to split the Cargo into two Cargoes.
• To automatically update the pricing lines when Itinerary Options are entered, click the Update from Opts button. Price lines are populated for any unique pair of Load and Discharge options that do not already exist on the CP Terms Details form.

Rebill Overrides Tab

Occasionally, contracts are negotiated in which standard costs that are normally rebilled are absorbed instead. You can add these costs on the Rebill Overrides tab to ensure that they are not mistakenly rebilled.

• If a cost on the Rebill Overrides tab is added to a voyage, it will not be rebilled. This affects both P&L and invoicing aspects of the voyage.

• If a voyage includes multiple cargoes, and one or more of those cargoes overrides a normally rebillable standard cost, that override will be applied to all cargoes on the voyage.

Cargo Bunkers Tab

On the Cargo Bunkers tab (for the relevant Vessel Types with the corresponding bunker consumption), make any adjustments.

When a value other than Disabled is selected for one of the selections, a grid for the relevant fuel types appears. For each fuel type, the system populates the relevant consumption rate (from the Vessel form), the required number of days, and the total consumption. These values can be overridden. The number of days calculated for each fuel type also depends on the itinerary and its considerations of high sulfur and low sulfur. The following selections are available:

• Heating Cons (only for Tankers–Type code T)
• Cooling Cons (only for Gas Carriers–Type code G)
• IGS Cons (only for Tankers–Type code T and Gas Carriers–Type code G)
• Reliq Cons (only for LNG Carriers–Type code L)
• Cleaning Cons (only for Tankers–Type code T and Gas Carriers–Type code G): This type of consumption has four modes:
  • Disabled (default): No cleaning consumption is calculated for this cargo.
  • Auto Load: There is 1 day of cleaning consumption at the first load port. The fuel type (HS or LS) is updated every time the port is changed.
  • Auto Disch: There is 1 day of cleaning consumption at the last discharge port. The fuel type (HS or LS) is updated every time the port is changed.
  • Manual (automatically selected with any manual input): Cleaning consumption is associated with the last discharge port, but no automatic update is done if the port is changed.

Broker

In the Broker grid, add information about brokers and commissions.

• If VIP - Cargo Broker Rules are defined (when configuration flag CFGEnableBrokerRules is enabled), to add default brokers, click .

Saving CP Terms Details

To save changes, click  or .