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Release Notes 2024
- Laura Packard
- Melanie Whitelock
New release notes schedule
To improve your experience with new feature releases, we now offer weekly curated release notes posted every Friday.
Explore a tailored list of features and fixes with helpful images and documentation to better understand what changes apply to your workflow.
Want to see daily updates?
To view all changes made to the IMOS Platform, visit the changelog.
Update new feature Security
November
15 November 2024
Operations
Emissions factors for individual bunker liftings are now accounted for in the Carbon Calculator Update
The Carbon Calculator's EU ETS and FuelEU calculations will now account for emissions factors for individual bunker liftings. The emission factors for individual bunker liftings can be found on the Bunker Purchase form of the bunker lifting. The factors used in the calculation are the “Product” level factors.
Trading
This is an additional solution and requires a separate license. You must have the General Trading Module Right selected. Access to other forms and actions also requires specific Module Rights. Your configuration might differ from the information shown. Requires user permissions to enter Carbon Allowance Trades.
New “Carbon Future” commodity contract type added to the Trading P&L Summary and Trade Detail List Update
Configuration flag CFGCarbonPaperContractType must be enabled.
Commodity/Option paper trades that are created in IMOS and have the "Carbon Trade“ checkbox selected will now show up in the Trading P&L Summary and Trade Details List under a new contract type called Carbon Future. This allows you to quickly view your carbon positions, including paper and physical positions.
Support added for calculating cargo exposure when using Worldscale freight and market rate Update
When a cargo contract has:
a freight type of W (Worldscale),
an exposure method of “Voyage Route,” and
a selected route with a unit of Worldscale,
IMOS will use the Worldscale flat rate on the contract to calculate the exposure. The exposure will be calculated as the difference between the contract Worldscale flat rate × the contract Worldscale percent and the contract Worldscale flat rate × the market Worldscale percent for the period.
8 November 2024
Nothing new to share.
1 November 2024
Chartering
Fuel factor validation now allows for negative Well-to-Tank (WtT) values Update
Fuel factor validation has changed on the Fuel Grades table, Fuel/Lube Types table, and Bunker Purchase form to allow for negative Well-to-Tank (WtT) values. Negative Tank-to-Wake (TtW) or Lower Caloric Value (LCV) values are not allowed.
Invoice FuelEU Maritime expenses on time charter payment and billing forms Update
You can now include voyage FuelEU expense items in the time charter (TC) invoice form as a way to invoice FuelEU costs on time charter contracts. The new FuelEU Expense checkbox drives a per voyage FuelEU line item on:
Hire payments (TCI)
Hire Billing (TCO)
Head fixture payments (head fix)
It will pull in the voyage line item when a voyage is complete and has not been invoiced previously. Items are assigned the bill code "VFEUE.” Voyages must be complete before FuelEU expense items can be invoiced.
Data Center
Track specific fuel grade carbon factors with new fields in the Fuel Grades table Update
With a schema upgrade, the Fuel Grades form will show 13 new fields to capture bio blend fuel factors.
October
25 October 2024
Chartering
The Agreed Compliance Balance (MT) field appears in the Fuel EU tab of the Carbon Calculator with a schema upgrade of 475 or higher. You can adjust the field with actual values and override the existing aggregated Compliance Balance (MT) values. The initial field value is the same as the Compliance Balance aggregate field, and manually entered values appear in blue text. Reports have the new Agreed Compliance Balance (MT) field for Voyages and Estimates.
New in the Voyage P&L: Include in PnL checkbox now in the Fuel EU tab Update
The Include in PnL checkbox is now available in the Fuel EU Calculator for Voyage P&L so you can track and invoice your expenses.
18 October 2024
Chartering
New in the Estimate P&L: Include in PnL checkbox in the Fuel EU tab Update
The Include in PnL checkbox is now available in the Fuel EU Calculator for Estimate P&L so you can assess the Fuel EU impact and include penalties in your Estimate PnL.
11 October 2024
Operations
New in Voyages & Estimates: Add new entries to the Speed Consumption Table for Custom Fuel Modes Update
To set specific speeds for different fuel modes and consumption types, you can now add new entries to the Speed Consumption Table for Secondary Fuel Cons Modes in the Vessel form. When a speed consumption line is added as a non-default mode, the speed reflects on Voyage or Estimate when the specific mode is assigned as a sea mode.
4 October 2024
Nothing new to share.
September
27 September 2024
Chartering
New fields for agreed amounts in the FuelEU Calculator Update
Three new fields have been added to the FuelEU tab on the Carbon Calculator for Voyages and Estimates:
Exchange Rate (EUR to Base)
Agreed Penalty (EUR)
Agreed Penalty (Base)
These fields allow users to override the total penalty values, and to convert between EUR and the voyage's base currency. These fields are also available for reporting.
Operations
Save and annotate Total Energy, Compliance Balance, and Penalty Fields in the FuelEU Calculator Update
On the FuelEU tab of the Carbon Calculator, the three aggregate fields (Total Energy, Compliance Balance (MT), and Penalty (EUR)) will now be saved and can be reported on.
20 September 2024
Nothing new to share.
13 September 2024
Chartering
Alt Qty and Alt Unit added to Cargo Import XML message Update
Cargo Import and Export XML now include Alt Lifting Qty and Alt Lifting Units.
6 September 2024
Nothing new to share.
August
30 August 2024
Operations
FuelEU Maritime Calculator new feature
A FuelEU Calculator is now available on the Carbon Calculator under a new tab enabled with the configuration flag CFGEnableFuelEU. The FuelEU calculation breaks down Consumption, Energy, GHG Intensities, and Compliance Balance by voyage leg and displays Voyage Total Energy, Compliance Balance, and Penalty amounts. This feature requires an IMOS database schema version 463 or higher.
23 August 2024
Trading
Link a carbon allowance sale to a purchase and include it as an allocation new feature
You can now link a Carbon Allowance Sell Trade to one or more matching Buy Trades so the available inventory of specific trades can be updated correctly. This feature uses the existing Allocation tabs in the Carbon Allowance trade, where you can select the buy/sell trade you want to link to and then choose the quantity to link. As with transfers, you cannot allocate a greater quantity from the buy than is available at that time. Linking the sell trade to the buy updates the available quantity of the trade so it can be correctly linked to other trades or contracts in the system. The exposure for the buy trade updates to reflect the remaining trade quantity.
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