IMOS - Time Charter Out Estimates

  This is a Key Topic, with high value for all users.

Walkthrough: Scheduling a Voyage

These breadcrumbs show where you are in the walkthrough. To move to a different section, click its link:

Create a TC Out Estimate > Create a Voyage > Hand Off to Operations

You can determine what to charge a Charterer for the use of your vessel by creating a Time Charter Out (TC Out) Estimate. You can try various Rates to estimate your Profit and Loss. Unlike the Voyage Estimate, bunkers are not included, and the primary concerns are the Brokers and the Itinerary information. From the TC Out Estimate, you can create a TC Out.

Creating a TC Out Estimate

To create a TC Out Estimate, do one of the following:

• On an Estimate column toolbar, click 

  Open

  

   and then click New TCO Estimate.

• On a TC Out contract, click .

  
  
  
  Open

  

  
  To compare TC Out Estimates side by side, do any of the following:
  
  

  • Click  and then click New TCO Estimate or Copy Estimate.

  • Use the Find Estimate panel.

  To add more information, click the ESTIMATE ID to change to Details view.

• In Estimate details, set Opr Type to xxTO.

  
  
  

  
  In TC Out Estimate details, you can enter information about TCO Hire, TCO Terms, and TCO Broker and Address Commissions.

Note: Values from a .TDEFAULT Voyage Estimate do not populate a TC Out Estimate.

TCO Hire Grid

In the TCO Hire grid, you can set multiple different hire lines, each with a Rate Type, Duration, and Period (duration type).

TCO Terms Grid

In the TCO Terms grid, you can specify Delivery/Redelivery ports, Broker/Address total commissions, Ballast Bonus, and whether the Ballast Bonus is commissionable.

• Specifying a Delivery/Redelivery port creates or edits the corresponding Y/Z port in the Itinerary. If the Y/Z ports are created/edited in the Itinerary, the corresponding values are updated here.

• Specifying a Broker/Address commission creates corresponding lines in the Brokers table if they were not already specified. Changing the values in the Brokers table updates these values here.

Creating a Voyage from a TC Out Estimate

Walkthrough: Scheduling a Voyage

These breadcrumbs show where you are in the walkthrough. To move to a different section, click its link:

Create a TC Out Estimate > Create a Voyage > Hand Off to Operations

To schedule a voyage from a TC Out Estimate, in Details view, click . All the Estimate values flow into the Voyage and the multiple hire lines are itemized in the Voyage P&L.