Home > Chartering > Estimate, Column View
By default, the Estimates workspace opens in Worksheet view, with one or more Estimates in columns.
On a Worksheet, you can edit multiple Estimate columns side-by-side.
You can access additional tools, forms, and information in the toolbar.
When you select a port or click a PORT NAME link, the Itinerary Details form appears, so you can enter additional information about the itinerary. It is also accessible from Estimate details.
To see or edit Voyage Extra Revenues and Expenses, click the Net Income or Total Expenses link.
You can adjust the Freight Rate (on the Cargo form), Profit Total, or TCE (Time Charter Equivalent) to see the resulting changes in the Estimate P&L. To lock the Profit Total or TCE to back-calculate the Freight Rate, select its check box.
TCE daily = (Net Income − (Total Expenses − (Vessel Expenses + Ballast Bonus + TCI Common Voyage Expenses − Address Commission))) / Voyage Days
For Type G (Gas Carrier) vessels, TCE monthly appears instead of TCE daily.
Note: TCI Common Voyage Expenses do not include ILOHC or INTHC; these two expenses affect TCE.
To add more cargoes, ports, and/or additional information to an Estimate, click its ESTIMATE ID to expand to Estimate details.
Toolbar
Use toolbar buttons to save (
), collapse (<<), expand (>>), or delete (X) an Estimate column.To do any of the following, click ... and then click a command. The toolbar in Estimate details has additional commands.
Create a New Estimate, New TCO Estimate, or New Consecutive Estimate.
Open Estimate or Open Multiple Estimates: Opens the Find Estimate panel.
Copy Estimate, Copy to TCO Estimate, or Convert to TCO Estimate.
Save Estimate or Delete Estimate.
Analysis: Perform analyses within the Estimate.
Port Expense History: Search for historical expenses previously entered for a port.
Bunker Planning: Set up initial quantities and calculation methods for each fuel type and enter quantities and prices for any bunkers you plan to receive.
Update Commencement Data: Select one of the following:
Select Voyage: Select either the contract linked to the Estimate, or a different voyage from which the commencement data will default.
From TC/Head Fixture Delivery: Retrieve the commencement information from the Delivery information in the linked Time Charter/Head Fixture Contract.
Clear Commencement Info: Remove the Commencing port and initial bunkers and quantities.
All commencement information is used, regardless of configuration flag settings: terminating port date, ballast port, fuel prices, and fuel quantities.
Delays: Enter information about delays.
Profit Share: Indicate amounts from the Voyage P&L to be considered as Profit Sharing or Premium Revenue.
Piracy/ECA Avoidance: Select an option:
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In Progress Voyage: Link to a commenced voyage.
Exchange Rates: Opens the form to enter Exchange Rates from the Data Center.
Vessel Defaults: Enter Vessel default values to be used in Estimates.
Combine Estimates: Select Estimates to combine from a list of active Estimates.
Vessel Matrix: Enter different vessels to compare their costs, speed, and open ports.
Vessel Valuation (if enabled): Compare any number of vessels against a benchmark vessel, across a Matrix of Estimates, to determine each vessel's appropriate Ratio % (correlation) value.
Fix Estimate/Open Fixture: Create a new voyage or open the linked Voyage Fixture.
Create Cargoes: Create Cargoes.
Update Linked Fixture: Update the linked Voyage Fixture.
Auto Calculate by Max Lift Qty: Automatically check the maximum quantity that can be loaded in the port with the most restrictive deadweight and draft limits. If you then override the Calculated Lift value, it turns blue. To recalculate, clear the field and then press Enter. You can see this information on the Draft/Restrictions tab in Estimate details.
Wait for Laycan: Select to have idle days added at the first load port in an Estimate if the vessel arrives before the start of laycan.
Apply Max TCE Speed: Select to apply ballast and laden speeds from the vessel's defined speeds that will result in a maximum TCE result.
Reports: Click to view any of the following reports:
Voyage Estimate Profit & Loss Report
Voyage Estimate Summary Report
Voyage Estimate Column Report
Locking Status: Depending on the status of the Estimate and your Module Rights, whether you can save it. Click the symbol to see a message describing any issues.
: The Estimate has not been fixed, and you have rights to save it.
: The Estimate has been fixed, but you have rights to save it.
: The Estimate was created by someone else, and you do not have rights to save it. (These rights include saving Estimates, Fixed Estimates, Benchmark Estimates, and Estimates created by others, with configuration flag CFGEnableVoyestUserSecurity enabled.)
Validation symbol: If information is not complete and correct, click the symbol to see a message describing any issues.
: All information is complete.
: Some information is missing.
: The form contains one or more errors.