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IMOS - Pricing Tab - Cargo

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IMOS - Pricing Tab - Cargo

Owned by Former user (Deleted)
Last updated: Feb 20, 2025 by Minori Kato
4 min read

On the Cargo Pricing tab, for a Cargo created from a COA, the information is inherited from the COA when the Cargo is created but can be edited later. If you are not contractually bound to use all the terms from the COA, or to prevent Cargoes from past voyages from changing their prices when the price is changed on the linked COA, you can clear the Use Pricing from COA check box and make adjustments.

This tab is similar to the COA Pricing tab.

image-20250117-073226.png

  • To automatically add pricing rows when Freight Type is set to Use Price Matrix, click . Pricing rows are populated for any unique pair of Load and Discharge options that do not already exist.

For more information, see How are pricing terms selected?

Brokers Grid

The Brokers grid enables you to add information about brokers and broker commissions.

Depending on the commission Amount, Type defaults to:

  • %, when the Amount is 25 or less

  • Lumpsum, when the Amount is greater than 25

Extra Freight Terms

You can assign Extra Freight Terms to either the contract or a specific pricing row.

  1. Do one of the following:

    • For the contract, add a row to the Extra Freight Terms grid.

    • For a pricing row, either:

      • In the Xfrt column, select the check box.

      • Right-click the row and then click Open Extra Freight Terms.

      The Pricing Extra Freight form appears.

      image-20250117-073413.png

  2. Add a row for each term, select a Code and then enter a Rate/Lump amount.

Demurrage and Despatch

  • Add demurrage and despatch rates for the cargo in the Load Dem/Des and Disch Dem/Des fields. 

Rate Tables

  • Freight Surcharge: To use a Freight Surcharge Table to determine the Freight Surcharge based on quantity, select Table. To edit the table, clickimage-20250117-073456.png.

  • Bunker Surcharge: To use a table to determine the Bunker Surcharge, select one of the following:

    • Cap/Collar: Base the surcharge on increases above a cap and decreases below a collar (see Bunker Cap/Collar Table).

    • Scale Table: Uses a Bunker Surcharge Rate Table; select the table in the Table field below. To edit the table, clickimage-20250117-073439.png.

  • Dem Scale Table: To use a Demurrage Rate Table to determine the demurrage rates based on the deadweight of the vessel, select the table. To edit the table, click its Table ID link.

  • Laytime Scale Table: To use a Laytime Hours Rate Table to determine the laytime hours based on cargo BL quantity, select the table. To edit the table, click its Table ID link.

 

CFGEnableUseCOAPricingWarning

Displays a warning message when the Use Pricing from COA check box is selected or cleared.

CFGEnableAllowedTimeFloorCeiling

When enabled, a Cargo or VC In contract can specify a minimum (floor) and maximum (ceiling) allowed laytime, and use proration to calculate the allowed laytime time between the floor and ceiling values.

CFGEnforceOpsLedgerCodeCommissionableProperty

When enabled, the Comm issionable setting of an Operations Ledger Code alone determines whether claim and freight adjustment line items are commissionable. When enabled, the commissionable setting cannot be overridden in invoices or per broker.

CFGDefaultClaimCommissionInvoiceSetting

This flag controls the default setting for broker commissions on Claims by setting the default value of M on TC In, TC Out, Cargo, Cargo COA, VC In, and VC In COA broker grids. Possible values:

  • 0 (default): Claims are not commissionable.

  • 1: Claim commissions will be invoiced separately.

  • 2: Commissions will be deducted from the Claim Invoice.

CFGEnableCommissionSharing

When enabled, you can share commissions between internal broker companies. For more information, see Sharing Commissions with Internal Brokers.

Also adds an Internal Counterparty column to the TCO Estimate Broker table.

CFGEnableBrokerRules

When enabled, Cargo Broker Rules and Time Charter Broker Rules can be defined to add default brokers to contracts.

Also adds Add Default Brokers to the TCO Estimate toolbar to default internal brokers by applicable rules.

CFGEnableBerthInPriceMatrix

If enabled, allows the Berth to be specified when determining Cargo and COA pricing.

CFGApplyICAdjustmentToXfrt

If enabled, for a model B mirrored freight contract (Cargo / VC In and Cargo / VC In COAs), an Extra Freight Term is adjusted by IC Adj % in the same way as the base freight, if the Extra Freight Term type is Rate or Lumpsum (not Percent).

CFGEnableShuttleFreightInvoicing

Enables the Shuttle Tanker Workflow and master data forms necessary for freight invoicing of time and bunkers for both the actual voyage and theoretical return legs, most commonly used by shuttle tankers.

CFGEnableDemurrageOnAccount

Enables Demurrage on Account, which supports incremental invoicing for Demurrage over the life of a voyage. This business process applies mainly to tankers, which can be on Demurrage for many months during a voyage. Enhancements to the Cargo form and the Deduction method of the Laytime Calculation form support the creation of periodic and final on-account invoices for applicable voyages. Demurrage must be reversible to use this feature.

 

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