The Extra Freight Terms represent cargo-related extra revenues/expenses to be included in the Freight Invoice. These terms can be applied to a particular cargo and are calculated based on a lumpsum, a percentage, or a rate. You can add Extra Freight Terms to the Cargo, COA, and CP Terms Details forms.
In the Data Center , under Charter Party Terms, click Extra Freight Terms.
The second letter of the Extra Freight Term represents the Type:
L = Lumpsum
P = Percentage
R = Rate
Extra Freight Terms include the following:
- 0L through 9L, 0P through 9P, and 0R through 9R: Ten user-defined sets of Extra Lumpsum, Extra Percentage, and Extra Rate terms
- BL, BP, and BR: Bunker Surcharge Lumpsum, Bunker Surcharge Percentage, and Bunker Surcharge Rate, per metric ton; a way for a vessel owner to cover an increase in bunker prices between the time the voyage is created and the time it takes place
- D1, D2, and D3: Extra Discharge Rates
- DL, DP, and DR: Deadfreight Lumpsum, Deadfreight Percentage of World Scale Level, and Deadfreight Rate; for cargo loaded below the specified amount
- EF: Extra Freight Lumpsum
- L1, L2, and L3: Extra Loading Rate
- OL, OP, and OR: Overage Lumpsum, Overage Percentage of World Scale Level, and Overage Rate; for additional cargo or overage
- PD and RD: Port Differential and River Differential Lumpsums
- S1, S2, and S3: Extra Loading Lumpsums
- T1, T2, and T3: Extra Discharge Lumpsums
- TR: Trucking Costs per metric ton
- XD: Lightering Overtime Rate
- XO: OPA Percent
Inactive Extra Freight Terms do not appear as a selection to add to a Cargo.
Extra Freight Terms mapped to a Recoverable Bill Code are excluded from the Voyage P&L.