This page contains the latest IMOS news. For more information, see Release Notes.

If you would like assistance in upgrading IMOS, contact Veson Nautical via the Help Center.

February 2023: New IMOS v7.11.24123

Improved Unavailable Days Logic on TC Contract for exposure calculations

Requires schema version 396 or higher.

You can now specify start and end dates for unavailable days on a TC contract in exposure, as the logic has been updated. When the configuration flag CFGUnavailableStartAndEndDaysOnTC is enabled, two new columns appear in the Unavailable Days grid in the Exposure tab of the Time Charter Contract form. These fields allow you to capture specific start and end days for unavailable days.

A new Trading Profile flag, “Deduct TC Unavailable Days from Exposure Days,” is now available. When you select this profile flag, the Trading P&L will account for the available days on the Time Charter contract and deduct them from the Exposure Days in the period(s) they overlap.

If you already have unavailable days defined using the Month and Year fields, contracts using these fields will be automatically updated to the new format.

New in Trading: Support for non-base (USD) currency in commodity trade contracts and market data prices

There is now support for non-base (USD) currency commodity trade contracts and market data prices. When the configuration flag CFGCommodityMarketCurr is enabled, the currency is added to the Commodity Symbol, and Market Data forms. The system accounts for the exchange rate conversion when calculating exposure on the Commodity Trade form in the Trade Details List and the Trading P&L Summary. This enhancement is useful for commodity contracts captured in the system and for capturing EUA Futures related to the coming EU ETS regulation.

November 2022: New IMOS v7.11.24119

Associate an FFA/Paper Trade contract with a specific vessel

Requires configuration flag CFGAddVesselNameToPaperTrade

A Vessel Name field will be added to the Paper Trade form when you enable the configuration flag CFGAddVesselNameToPaperTrade. The field is for information only and will not impact the linked-trades functionality. When a Paper Trade has this field populated, the specific vessel name will show up under that vessel in the Trading P&L Summary and Details Lists. This enhancement will improve reporting on trades at the vessel level and help you capture the necessary trade contract information.

September 2022: New IMOS v7.11.24119

Use the actual/projected delivery date as the start date of TC exposure

You can now use the actual/projected delivery date as the start of exposure for TC contracts by applying the "Use Proj/Act Delivery Date for TC Exposure“ profile flag in the Trading Profile. The actual/projected delivery date will populate on the contract instead of the estimated delivery date.

June 2022: New IMOS v7.11.24097

Multiple demurrage and despatch rates now supported for FOB cargoes

Requires configuration flag CFGMultiDemRate.

You can now set multiple demurrage and despatch rates in laytime calculations for FOB cargoes when CFGMultiDemRate configuration flag is enabled. Previously, the laytime calculator did not support multiple rates for FOB cargoes.

Improved TC bunker exposure calculation for TCTO voyages with reposition leg

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.

The TC bunker exposure calculation can now handle TCTO voyages with reposition legs following redelivery when you apply the profile flag “Include TC Bunker ROB Exposure” in the Trading Profile. When the flag is enabled, bunkers ROB after the vessel has been redelivered and prior to voyage completion will now be included in the Trading P&L. 

May 2022: New IMOS v7.11.24097

​​​​Commissionable CVEs Now Included in P&L
Requires configuration flag CFGEnableCommissionableCVEs
Commissions from CVEs that are marked as commissionable in time charter contracts will appear in P&L when CFGEnableCommissionableCVEs is enabled.

Operations > Voyages > Voyage Manager > Select a vessel > P&L

New Trading Profile Option: Extend Physical Bunker Exposure By One Month
You can apply the “Move Physical Bunker Exposure Ahead One Month” profile flag in the Trading Profile to move bunker exposure forward into the following month. You can also apply a sub-flag to specify the number of days that have passed in the month before the bunker exposure moves to the next month. If the sub-flag is unchecked, all physical bunker exposure will move a month past the system exposure date. This profile flag does not impact Bunker Swap or Bunker Swap Options. 

Trading > Trading Profile

Improved vessel valuation for bunkers now includes pricing by fuel type 
Requires the Trading & Risk module. Configuration flag CFGEnableVesselValuation must be enabled, and you must have the Vessel Valuation Module Right selected, under Quick Links in Trading.

To improve bunker visibility and calculation accuracy, the Vessel Valuation tool now generates bunker prices by each fuel type across all selected vessels. Previously, the Vessel Valuation tool provided only Sea vs. Port pricing by default. All new vessel valuations will generate fuel types while existing vessel valuation records will be preserved. If no fuel type is selected, the sea vs. port pricing will show by default.

Home > Trading & Risk > Vessel Valuation

April 2022: New IMOS v7.11.24097

Change Paid By or For Account to TCI Owner or TCO Charterer on Bunker Liftings 
Requires configuration flag CFGEnableNonOperatorBunkerPurchases

​​​​Previously, when toggling Paid By and For Account fields on a record linked to a Bunker Purchase, the system defaulted to Operator for each Bunker Lifting record. Now, you can change Paid By or For Account to either TCI Owner or TCO Charterer and the record will stay linked with the Bunker Purchase, when configuration flag CFGEnableNonOperatorBunkerPurchases is enabled. Bunker Invoices paid by TCI Owner/TCO Charterer cannot be invoiced. 

​​​​Operations > Voyages > Voyage Manager > Select a vessel > Bunkers dropdown > Bunker Liftings

Account for TCTO Voyage Ballast Legs in Time of Delivery (ROB) Calculations
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.

To help you get the most accurate bunker exposure information, you can apply the “Include TC ROB Bunker Exposure” profile flag in the Trading Profile to have the TC in ROB calculation account for TCTO voyage ballast legs until TC out has been delivered. 

Trading > Trading Profile

Apply CVE Off Hire to Select Voyage Expenses
Requires configuration flag CFGEnableOptionalOffHireForCVEs.

 ​​​​​A new checkbox column is available in the Time Charter common voyage expenses grid that allows you to apply off hire to selected items. Checkboxes for all items will be checked by default and can only be unchecked for non-cleaning, non-lumpsum CVEs. Each item checked will apply per-period to the Estimate P&L, Voyage P&L, and Invoicing and Hire Statement. To view the new checkbox column, the configuration flag CFGEnableOptionalOffHireForCVEs must be enabled.

Chartering > TC In - List or TC Out - List > TC Code, Details View

New Financials Option: Apply Cargo Itinerary Allocation % to all invoice detail lines
Requires configuration flag CFGEnableActInvDetProrationByItin to be enabled and you must have an interface license.

​​​​​The Cargo Itinerary Allocation sub-form now includes an additional “OK (Apply to All)” button within the Details grid on the Financials Invoice form. This button allows you to apply selected percentage values for a given detail line to all other lines in the invoice. This enhancement allows you to enter the Cargo Itinerary Allocation amounts one time instead of multiple times when the CFGEnableActInvDetProrationByItin flag is enabled.

Financials > Transaction Data Entry or Journal Entry > Invoice Details

March 2022: New IMOS v7.11.24097

Add Additional Date Validation to Forms in Veslink Form Designer
In Veslink Form Designer, you can now add a date validation field under Visible When, Valid When, and Warn When as part of the form's acceptance criteria. This can help you validate your form data resulting in fewer errors.

February 2022: New IMOS v.7.11.23865

Export Multiple Veslink Voyage Reporting Forms at Once 
You can now bulk download up to 10 Veslink Voyage Reporting forms at a time by selecting the forms you wish to download and selecting the new Download button.

Reject Previously Approved Forms in Veslink Voyage Reporting 
Feature Board request
You can now reject previously approved forms with the status "approved" or "open for resubmit."

Part Cargo/Parcel Factor Is Adjustable & Visible in Cargo Form
Requires database version 35.9 and CFGPartCargoFactorOverride must be enabled
Manually adjust the Part Cargo Factor for your part cargos on the Cargo form in the Exposure tab to ensure that the exposure is being accurately calculated. Once saved, the adjusted factor will be used to calculate the exposure in the Trading P&L. 

"From Port Country" and "To Port Country” Columns Added to "Voyage Leg Summary" and “Voyage Leg Details Tables
The Report Designer now includes “To Port Country” and “From Port Country” columns in the “Voyage Leg Summary” and “Voyage Leg Details” tables.

Cost of Carbon Calculated in Sub-P&L Line Items in Voyage Estimate 
Requires schema version 360 and CFGEnableCO2Pricing must be enabled.
In preparation for future regulatory carbon pricing schemes in the maritime industry, the Voyage Estimate now displays the effects of C02 pricing in the estimated P&L as additional lines. These lines include the total CO2 Cost, a CO2 adjusted Profit and a CO2 adjusted TCE. This data is driven by existing CO2 emission information and new CO2 pricing fields in the Bunker planning form. Defaulting the CO2 pricing fields can be done via CFGCO2DefaultCurrency and CFGCO2DefaultPrice.

January 2022: New IMOS v7.11.23351

Add Attachments to All VVR Forms
You can now add file attachments to all submitted forms in Veslink Voyage Reporting using the new "Add Attachment" button.

View Combined P&L Report for Mirrored Voyages
A new built in report called Mirrored Voyage Profit & Loss has been added to Voyage Manager's Reports dropdown that allows you to view the combined P&L for mirrored voyages. The report will only appear on voyages that are mirrored, via cargo contracts, either from or to another voyage. It displays the Source and Mirrored voyage P&L categories side-by-side. For categories that the two voyages have in common, a variance is displayed for each P&L column (Estimate, Actual, and Posted). For categories unique to one voyage or the other, the variance is blank.

Edit the Rate Table Logic from the Cargo/COA Form When Scale Table is Selected in Extra Freight Terms
Configuration flag CFGEnableExtraFrtRateScaleTable must be enabled
When adding extra freight to a scale table contract, you can edit the structure of the scale table using two new options in the Extra Freight Term grids: 

• Choose Scale Table: you can select a specific scale table to apply to the Extra Freight Term line on the contract

• Edit Scale Table: you can open the Rate Table form for the line item and make changes if you have the necessary security permissions

Time Charter Estimates Considers Common Voyage Expense Periods
Time Charter Estimates now import Common Voyage Expenses (CVEs) from the base time charter and apply time dependent CVEs correctly in the Misc. Expenses section of the estimate's P&L calculations.

Submit Multiple Veslink Forms In One Email
You can now submit multiple Veslink forms in a single email.

Rebilled Bunkers Now Appear On the Hire Statement of a TCO Contract
Configuration flag CFGEnableTcoBunkerOnOwner must be enabled
Full/partial rebilled bunkers are now included in the TCO Hire Statement when the CFGEnableTcoBunkerOnOwner flag is enabled.

December 2021: New IMOS v7.11.22919

Send Voyage Instructions as PDF attachments
Feature Board suggestion
You can now email voyage instructions as PDF attachments by checking both "Veslink will automatically send an email to the vessel when Voyage Instruction forms are submitted" and "Send Voyage Instructions as PDF attachments." 

Delete Attachments from Veslink Forms
In the Agent Portal, you can now delete attachments that were added to a form in Veslink Forms. 

Delete Saved Forms Drafts in Veslink Onboard
You can now delete saved forms drafts in Onboard.

New Icon Shows Number of Validated Forms Pending Approval in Voyage Manager
On the Forms link in the Voyage Manager workspace side panel, an icon has been added that displays the number of forms associated with the voyage that have been validated and are pending approval.

Apply Laytime Calculation Deductions to Entire Port Call
Default behavior when CFGAggregatePortTabOnLaytime is enabled
Laytime calculation deductions can now be synced across common port calls. When CFGAggregatePortTabOnLaytime is enabled, syncing will be the default behavior for new deductions.

New Visual Link Between Laytime Cargo Handling and Port Activity Grids
The first column of the Laytime Calculation Cargo Handling grid is now populated with radio buttons that, when selected, open the corresponding Port Activities tab, providing a visual link between the two.

​Capitalize and Amortize Costs Before Performing Period on Monthly Accruals Form
Default behavior when CFGDefaultPnLCalcCapAmortContractFulfillmentCosts is enabled
​​​​​​On the Monthly Accruals form, a new P&L Calc Option called “Capitalize and Amortize Costs Prior to Performing Period” has been added that allows capitalization and amortization of costs incurred as a result of fulfilling a contract prior to the performing period of the contract, and after the nomination date.

When selected, the costs incurred between the Nomination Date and the Start of the First Load port will be capitalized and then amortized over the performing period as defined by the Start of First Load to the end of Last Discharge on the voyage. The amortization will happen as a percentage of the performing period completed on the accrual date. Costs incurred during the performing period will not be affected by this option.

This option will be selected by default when CFGDefaultPnLCalcCapAmortContractFulfillmentCosts is enabled. It requires additional business rules to be added to account for the journals generated from this logic using the following prefixes: "CAP," "AM," "EXP," and "CM" for capitalized costs, amortized costs, costs expensed to the period and all other journals respectively.

November 2021: New IMOS v7.11.22537

Cargo ID and Quantity Columns Added to Demurrage Allocation Form
The Demurrage Allocation form now includes read-only columns for Cargo ID and Quantity.

New Naming Format for Exported Files
When you export a form as a PDF, Word, or Excel file, the file name now follows the format DocumentType_VesselName_FormDate.pdf.

Add Attachments to Veslink Forms
You can now add file attachments to submitted and draft forms in the Veslink Agent Portal.

New Demurrage Allocation Details Table for Demurrage Allocation Reporting
Previously, there was no single table that contained all demurrage allocation information, which made reporting on the Demurrage Allocation form difficult. Now there is a Demurrage Allocation Details table where you can report on the form. 

Sort by Column Header in Demurrage Allocation Screen
You can now sort rows by column header in the Demurrage Allocation form by selecting the column header. 

Firmed Quantity for Scale Table Pricing
When you firm the first voyage of a booking, a firming quantity for that booking is now stored. The Scale Table calculation now supports "Firmed Qty" as a basis. When "Use Booking Qty on Scale Table" is enabled, the booking's firmed quantity will be used in the calculation. When it is disabled, the trade unit's firming quantity will be used in the calculation.

October 2021: New in IMOS v7.11.22128

New Parameters Added to Voyage P&L Summary Data Set in Report Designer 
The parameters "Period Range Gmt" and field "Portion %" have been added to Voyage P&L Summary data table, so that you can report on a pro-rated voyage P&L for a specific date range.

New Dropdown Option to Avoid Winter Load Line Zones
VIP and Veslink Distances maps now have a new dropdown to enable avoiding winter load line zones.

New Reversal Reason Tag Added to Invoice Notification XML 
A new tag called "reversalReason" has been added to the invoice notification XML. It shows the Reversal Reason entered by user when reversing a posted invoice.

Voyage Object Added to Invoice Details Default Rules Engine
CFGEnableInvoiceDefaultRules must be enabled
The Invoice Details Default Rules setup in Financials has been extended to include Port, Voyage, Voyage Itinerary and Voyage Cargo Handling joins so you can set defaulting rules using those joins for the Financials' invoice detail lines linked to a specific voyage and/or port.

New Configuration Flag Adds Nomination Date Value
CFGNominationDateOnFixtureAndVoyage must be enabled
When enabled, a new Nomination Date value is added to the Voyage Fixture and the Voyage Manager objects.  When the vessel is nominated to a cargo, the nomination date must be populated manually. This date can be separate from the Fixture Date, the Voyage Commencement Date, or CP Date on the cargo. When the nomination date is populated on the Fixture, it will carry down to the Voyage Manager on scheduling. If the nomination is updated on the Voyage it will update the Fixture.
Additionally, a new Module Right was added, which enables you to edit the nomination date on Voyage Fixture and Voyage Manager: Operations-> Actions-> Edit Nomination Date

New Force Calc Parameter Added to Voyage P&L Summary Data Set in Report Designer
A "Force Calc" parameter has been added to Voyage P&L Summary data table in Report Designer. You can use it when you need to calculate Voyage P&L numbers from scratch instead of from a current stored P&L snapshot.

September 2021: New in IMOS v7.11.21639

New Configuration Flag Enables Exchange Rate Date Column in TC In Payment and TC Out Bill Details Grid
CFGInvDetailExchangeRate and CFGAddExchDatetoTCIPandTCOBForms must be enabled
When CFGAddExchDatetoTCIPandTCOBForms is enabled, a new Exchange Rate Date column will be added to the Time Charter In Payment and Time Charter Out Bill details grid, allowing you to capture a unique exchange rate date for each line item and apply a different exchange rate to each line item. The Exchange Rate Date will flow down to the Transaction Data Entry form on posting to the matching details line item.

New Configuration Flag Allocates TCO Hire Bills to Voyage Period Journals
Configuration flag CFGEnableTCOPeriodJournal must be enabled
When CFGEnableTCOPeriodJournal is enabled, TCO Hire Bills that are posted during a given period will be allocated down to the voyages in the period through journal entries generated during the Voyage Period Journal process. This will better account for a TC Out contract that has multiple voyages in a period and remove the allocation to the first voyage of the full posted amount.

When this flag is enabled, CFGDefVoyNoToTcoBill should be set to N. This functionality is not compatible with the Model B workflow.

New Configuration Flag For Manually Locking Vessel Valuations
Configuration flag CFGManuallyLockVesselValuations must be enabled 
When CFGManuallyLockVesselValuations is enabled, you can manually lock your saved vessel valuations to prevent further editing. A new security permission is required to do this. A secondary permission is also available to provide a subset of admins with the ability to unlock a Valuation ID. Now, when saving the Vessel Valuation, the results will be stored in the database in addition to the input parameters. This will require a schema update to latest.

View Projected Claim and Claim Commission Invoices in the Financials Console
A new list called "Create Claim Invoices" has been added to the Financials console. It shows all projected claim and claim commission invoices, which you can then create from the “Create Claim Invoices” list.

New Columns Added to Create TC Invoices List and TC Projected Invoice Table
The following columns have been added to the TC Invoices List and corresponding Time Charter Projected Invoice table in the Report Designer: Original Inv No, Original Ops Inv Trans No, Original Inv Curr Amount, Original Inv Status, Primary Broker, Primary Broker Rate, Secondary Broker Rates and Chartering Specialist.
They show relevant data for projected Time Charter hire and commission invoices.

August 2021: New in IMOS v7.11.21214

New Parameters Added to Voyage P&L Summary Data Set in Report Designer 
The parameters "Period Range Gmt" and field "Portion %" have been added to Voyage P&L Summary data table, so that you can report on a pro-rated voyage P&L for a specific date range.

New Dropdown Option to Avoid Winter Load Line Zones
VIP and Veslink Distances maps now have a new dropdown to enable avoiding winter load line zones.

New Reversal Reason Tag Added to Invoice Notification XML 
A new tag called "reversalReason" has been added to the invoice notification XML. It shows the Reversal Reason entered by user when reversing a posted invoice.

Voyage Object Added to Invoice Details Default Rules Engine
CFGEnableInvoiceDefaultRules must be enabled
The Invoice Details Default Rules setup in Financials has been extended to include Port, Voyage, Voyage Itinerary and Voyage Cargo Handling joins so you can set defaulting rules using those joins for the Financials' invoice detail lines linked to a specific voyage and/or port.

New Configuration Flag Adds Nomination Date Value
CFGNominationDateOnFixtureAndVoyage must be enabled
When enabled, a new Nomination Date value is added to the Voyage Fixture and the Voyage Manager objects.  When the vessel is nominated to a cargo, the nomination date must be populated manually. This date can be separate from the Fixture Date, the Voyage Commencement Date, or CP Date on the cargo. When the nomination date is populated on the Fixture, it will carry down to the Voyage Manager on scheduling. If the nomination is updated on the Voyage it will update the Fixture.
Additionally, a new Module Right was added, which enables you to edit the nomination date on Voyage Fixture and Voyage Manager: Operations-> Actions-> Edit Nomination Date

New Force Calc Parameter Added to Voyage P&L Summary Data Set in Report Designer
A "Force Calc" parameter has been added to Voyage P&L Summary data table in Report Designer. You can use it when you need to calculate Voyage P&L numbers from scratch instead of from a current stored P&L snapshot.

August 2021: New in IMOS v7.11.21214

Remittance Banks Added to Bareboat Manager Screen
Remittance Bank information can now be specified on Bareboat Contracts.

Cargo Quantity Column Added to Additional Emissions Data
This feature requires IMOS database schema version 33.6 or higher
A Cargo Qty column has been added to the Voyage Manager's Additional Emissions Data form, allowing you to record carried cargo quantities not otherwise recorded in the voyage itinerary. Values entered in the new column will contribute to the total cargo quantity displayed in the Sustainability side panel.

Cargo ID Column Added to the Freight Calculation Grid in Freight Invoice
A Cargo ID column has been added to the Freight Calculation Grid in the Freight Invoice form that pulls in the ID of the cargo that matches the line item. If there is more than one cargo that matches the line item, then the column will be left blank for that row.

New Configuration Flag Displays Load Quantity in the Voyage Estimator Column View
CFGShowLoadQuantityInEstColumn must be enabled
When CFGShowLoadQuantityInEstColumn is enabled, the estimate column view will display the total load quantity. The existing field "Quantity/Unit" has been renamed to "CP Quantity/Unit".

Freight Type "S" Now Available for COA Contracts
Shuttle Tanker is now available as a Pricing and Advanced Pricing option for COAs and their liftings.

Physical Bunkers Added to Linked Trade Grids on Contracts - Multiple Fuel Types
CFGLinkBunkerPurchase and CFGLinkBunkerPurchaseTradesByFuelType must be enabled
The functionality of CFGLinkBunkerPurchase has been expanded to include bunker purchases that are for multiple fuel types. When this flag is enabled and CFGLinkBunkerPurchaseTradesByFuelType is also enabled, user will be able to select fuel type to be linked and see a fuel type as well as the trade ID in the linked trades grid when the trade type being linked is Bunker Purchase.

July 2021: New in IMOS v7.11.20750

Attachments Toolbar Button Added to Claims Invoice Form
An attachments toolbar button has been added to the Claim Invoice form. Its functionality is the same as all other operations' invoice types in IMOS (such as Freight, Other Revenue/Expenses etc.).

Approval Date and Approval Comments Added to Invoice Interface XML
Approval Date and Approval Comments tags have been added to the export invoice XML.

Saving Mirrored Voyages Will Generate an XML for Both 
Saving mirrored voyages will generate an XML for that voyage and for the destination voyage.

Advanced Pricing Functionality Available with COA Planning Periods
CFGEnableCOAPlanningPeriod must be enabled
When CFGEnableCOAPlanningPeriod is enabled, Advanced Pricing functionality is displayed under the Cargo COA pricing tab.

New Ability to Create Intercompany TCO from TCO Estimate
CFGEnableContractMirroring must be enabled
Previously, the mirroring workflow could not be initiated from a TCO Estimate. Now, if the CFGEnableContractMirroring flag is enabled, when you fix a TCO Estimate with two internal companies, the intercompany checkbox will be automatically checked and mirrored contracts will be created.

June 2021: New in IMOS v7.11.20299

New “Valuation ID” Field Added to Time Charter Contract
CFGEnableVesselValuation must be enabled and you must have either the Trade Hub or Trading & Risk module license
A new field has been added to the Time Charter contract called "Valuation ID". It allows for linking a saved Vessel Valuation to a Time Charter contract. 

New Columns in Time Charter Invoice List
The following columns have been added to the to the Create Time Charter (TC) Invoice: LOB, Vessel Code, Vessel Name, Vessel Fleet, and Ops Coordinator. 

Bareboat Payments Now Included on Time Charter Invoice List
The Time Charter Invoice List now includes bareboat payments.

New Configuration Flag for Zeroing Out P&L in Estimates Missing Data Points or Failing Internal Checks 
CFGVoyestCriteriaForZeroProfit must be enabled
The configuration flag CFGVoyestCriteriaForZeroProfit has been added. When enabled, it allows you to avoid quote rates that are not based on accurate data. The flag accepts a comma-separated list of tags.
Valid values and meanings for the tags are:

• BunkerError - A fuel type is used in the calculation with price zero

• DWTError - The quantity of cargo on board exceeds the calculated max lift quantity for an itinerary line

• DischGreaterThanLoad - The discharge quantity is greater than the loaded quantity

• LDRatesMissing - Load/Discharge rates are missing

• LDQtyMismatch - Load quantity does not match Discharge quantity

• CPQtyMismatch - Min/Max CP quantity does not match load/discharge quantities

• PortExpMissing - Port Expenses are missing in ports with functions D/F/I/L

Department Field Now Supported
The Department field is now supported on all forms and list filters for TC Payments, TC Billing, Bareboat Payments, and Equipment Payments.

COA Planning Periods Dropdowns Now Sorted in Descending Order
Previously, the dropdowns for selecting COA Planning Periods were sorted in ascending order. They are now sorted in descending order.

Additional Payment Terms
Additional basis options have been added to Payment Terms setup in Data Center.
They can now be used when calculating Due Date in Freight, TC Payment, TC Commission and Claim Invoice programs as well as in the TDE when posting those invoices.

May 2021: New in IMOS v7.11.19799

Lumpsum Broker Commission Type Now Available in VIP
The lumpsum broker commission type is now available in both Time Charter contract and TCO Estimates in VIP.

April 2021: New in IMOS v7.11.19334

AdvancePayment Field Added to APR Form and APR Form XML
This feature requires updating imosmsg to the latest version and updating standard Veslink forms with the Update Forms button (in Veslink Classic > Forms & Vessels > Forms).

The tag APRAdvancePayment has been added to the xml for "Veson Offline Port Disbursement". You can now submit Advance Payments when the status is "APR" by adding a value to APRAdvancePayment, which translates to "APR Advance Payment" in the form. This field will only display in the form UI if there is a value assigned to it. When there's no value for APRAdvancePayment, the Amount Advanced is equal to the APR Total.

Actual Date Field Now Displayed on Port Disbursement Form
Requires updating the standard Veslink forms
The "Actual Date" field is now visible when opening a Veslink Port Disbursement form with an actual date value entered from submitting via the API. 

New Load/Discharge Rates Table in Laytime Calculation Form
Configuration flag CFGEnableLDRateTable must be enabled
A new table named Load/Discharge Rates has been added as a right-click option on each Itinerary Line in the Laytime Calculation form. This table is enabled with the flag CFGEnableLDRateTable and calculates the Allowed Laytime and the average L/D Rate for each Itinerary line given a collection of quantity portions and individual L/D Rates.

March 2021: New in IMOS v7.11.18930

New Configuration Flag Allows for Rate Tables in the Data Center
Requires schema version 319
CFGEnableExtraFrtRateScaleTable must be enabled
When enabled, this configuration flag allows you to set up Scale Table type Rate Tables in the Data Center. You can then use these Rate Tables in the Advanced Pricing structure of Cargo/VC In COA and Cargo/VC In contracts under Extra Freight Terms. Additionally, Scale Table-based freight rates would then be included in both Voyage P&L calculations and related Freight Invoices.

New Configuration Flag Automatically Creates Commissions Invoice when TC Hire Invoice is Generated
CFGAutoGenerateTCComms must be enabled
When enabled, TC Commission invoices will automatically be created when the corresponding TC Hire invoice has been posted.

Laytime Calculator Form Improvements
A few improvements have been made to the standard Laytime Calculator form:

• The "Laytime Expires" checkbox has been renamed as "Show Demurrage Start" to better reflect its function

• The “Once On/Always On Dem" checkbox previously required that the "Laytime Expires" / "Show Demurrage Start" checkbox was enabled alongside it. That dependency has been removed: when "Once On/Always On Dem" is enabled, the DEMURRAGE START row will now be automatically inserted in the activity grid, whether or not "Show Demurrage Start" is enabled, and Always On Demurrage will be applied consistently.

• When both "Once On/Always On Dem" and "Show Demurrage Start" are disabled, the automatically-inserted DEMURRAGE START row will be automatically removed from the activity grid.

New Configuration Flag Allows for Exposure Handling for Index-Linked Contracts When Using Market Value
CFGApplyMarketValueConcept, "Short Position for Cargo on an index-linked TCI" and "Keep TCTO in exposure when one contract is index-linked" must be enabled
When enabled, an index-linked Time Charter contract that is scheduled with a fixed-rate short contract will remain in exposure and the exposure will be based on the Market Value Rate defined on the voyage for that contract instead of the contract rate.

View Berth Information for Specific Port Calls 
Port call berth information has been added to the v1/agent/portcalls/{companyCode}/details Veslink API endpoint, allowing you to view berth information for specific port calls. This includes a new top level Berths element in the response for each berth stay associated with the portcall, as well as a BerthSeqNo for each returned PortCargo.

New Configuration Flag for Capturing Trades With Nonconsecutive Periods and Different Quantities Per Period
CFGPaperTradePeriods must be enabled
When enabled, paper trades can be created for multiple non-consecutive periods with differing quantities in each period. 

New Ability to Display/Hide Off Hire and Off Hire Reversals in Hire Statements 
You can now hide or display individual off hire and off hire reversals from time charter in (TCI) and time charter out (TCO) forms. 

Updated Configuration Flag Links Estimated Demurrage Per Port
When CFGEnableMultiEstDem is enabled, you can break down Estimated Demurrage by counterparty and by port. 
By Counterparty: 
Select the counterparty to make the Estimated Demurrage calculation per charterer rather than per voyage. With no charterer entered, the calculation represents all charterers of the voyage without a charterer-specific Estimate. CFGAllowEstLaytime must also be enabled.
By Port: Estimated Demurrage records can be linked to specific port calls within a voyage. Only ports where the selected counterparty’s cargo is handled will be available for selection. When an Estimated Demurrage record is linked to a port call, its description in the Voyage P&L will note as much, and it will be superseded as appropriate by actual demurrage entered via Laytime Calculations.

February 2021: New in IMOS v7.11.18372

New Controller Filter Added to TC Schedules
A Controller filter has been added to the list of available filters in the TC Payment Schedule, TC Billing Schedule, Bareboat Payment Schedule, and Equipment Payment Schedule workspaces. To filter by controller, select an existing controller value from the dropdown list and all schedule items with a matching controller value will be shown. 

New Configuration Flag Automatically Creates Commissions Invoices When Freight Is Posted
Requires configuration flags CFGAutoGenerateFreightComms and CFGAutoNumberPayables
When enabled, freight commission invoices will automatically be created when the corresponding freight invoice has been posted. 

New Add To Hire Check Box for Adding Individual Delays as Hire Delays
You can now add individual delays as hire delays using the Add To Hire check box in the Off Hire tab of a Time Charter form. Additionally, the existing Add Off Hire check box was renamed Add All Off Hires to better reflect its existing functionality.

Bareboat Data Points Added to Reporting
Bareboat contracts can now be reported on in the Report Designer, via a join from the Time Charter Contract table.

January 2021: New in IMOS v7.11.17864

Remarks Text Box in Estimates Enlarged for Increased Character Limit
Requires database schema version 30.9 or higher
The Remarks box in Estimates has been resized from 256 to 512 characters to accommodate longer comments. 

DWT, DWF%, and Use Scrubber Info Added to Voyage Estimate Column, Use Scrubber Check Box Added to Details View
DWT information, DWF% information, and a "Use Scrubber" check box have been added to the Voyage Estimate Column View. Additionally, a "Use Scrubber" check box has been added to the Voyage Estimate Details View.

Benchmark Estimate Workflow Added to TC Out Contracts
A Benchmark Estimate workflow has been added to the TC Out contracts behind the CFGTCOutBallastExposureCapture and CFGEnableBenchmarkEstimate configuration flags. When enabled, you will have the ability to create a Benchmark TCTO estimate and link that to a TC Out contract. The Ballast days and bunkers will be automatically captured at the contract level from the Benchmark Estimate.

New Check Box Added to TC Contract and Trade Routes Form to Define Calculated Route as a Split Route 
Requires the Trading module
A new check box has been added to the Trade Routes form to define a calculated route as a "split" route. When a route with the check box selected is used to define the exposure details on a TC contract then the TC exposure will be split across the routes that are defined in the formula for the calculated route. This split will be both for the Exposure Days and the Exposure amount.

Additionally, the check box has been added to the Exposure details on the cargo form so you can de-select this on trades that you do not want to split.

This split route exposure will allow you to properly capture the exposure of vessels that do not fit into a specific class or type against the indices for the correct amounts.

New Ability to Duplicate Off Hire Line in Delay Window
Two new options have been added to the right-click menu for off hire delays in the Delays form. 

• Duplicate Off Hire: Creates a new off hire with the same details as the original off hire

• Duplicate Off Hire to Reversal: Creates a new off hire reverse with the same details as the original off hire

New Configuration Flag Supports Prorating Lumpsum Freight Across Bookings
Requires configuration flag CFGAllocateLumpsumFreight
When enabled, cargoes that share the following properties will share their lumpsum freight, instead of each receiving the full amount:

• Linked to the same booking

• Scheduled on the same voyage

• Have the Use Booking Qty on Scale Table check box selected

• Derive lumpsum freight from the same scale table (either through Advanced Pricing or the Price Matrix)

The amount allocated to each cargo on the booking is proportional to its BL quantity.

December 31, 2020: New in IMOS v7.11.17479

New Option to Select Allowed Laytime as a Result in Pricing Rules
You can now select “Allowed Laytime” as a result in Advanced Pricing, which allows for the seamless flow of contractual COA laytime terms into cargo contracts. Allowed Laytime includes several fields: Scale Table, Allowed Time (Hours or Days), Terms (e.g., SHINC or SHEX), and a Reversible check box.

Ability to Change Port Functions on the Bunker Planning Form
You can now change P (Passing), C (Commencing), and T (Terminating) port functions to F (Fueling) on the Bunker Planning form for non-cargo handling port functions.

New Fields Added to TC Out Contract Exposure Tab to Account for Ballast Days
CFGTCOutBallastExposureCaptuthre must be enabled
When enabled, several new fields are added to the TC Out contract's Exposure tab to record the Net Daily TCE, Benchmark Estimate, Ballast Bunker Exposure, and Ballast Days. When populated, these fields will update the TC Out contract exposure to account for the Ballast Days required to get to the delivery port. The new value will become the Net Daily TCE and the Ballast Bunker Exposure will be displayed either in addition to the delivery exposure or separately if the ballast period is different. 

Support Added for Multiple Lumpsums per Booking in Freight Calculations
A new “On Booking” column has been added to the Extra Freight Terms form in the Data Center. When enabled, it allows a Lumpsum type code to apply to a booking instead of individual cargoes, so new lumpsum on booking terms can be configured and applied together, both in extra freight terms and in Advanced Pricing on COAs. Previously, only the LB code could be applied as a lumpsum on booking.

Estimate Received Fuel and Price Fields Added to the Report Designer
Requires IMOS database schema 30.6 or higher
The “Price” and “Received Qty” fields from the Bunker Planning form have been added to the Report Designer under the Estimate Itinerary > Estimate Itinerary Bunkers table. 

November 30, 2020: New in IMOS v7.11.17044

Improved Cargo Data Filtering on Onboard Form/Voyage Itinerary
Requires the Voyage Reporting module
On custom cargo-level Onboard forms, a new “Cargo_Name” field enables you to filter voyage itinerary data to a specific cargo, instead of showing data for all cargoes on the voyage itinerary. 

Support for Alternate Date Fields for Custom Form Voyage Leg Inference
Requires the Voyage Reporting module
If available, Form Designer forms will now use an alternate date for voyage leg inference. 

Bunker Quantity Range Fields Now Visible Under Inquiries and Purchases on the Bunker Requirement Form
CFGShowBunkerQtyRangeOnReq must be enabled
A “Range” check box is now visible within the Bunker Inquiries and Purchases section on the Bunker Requirement form. When you select the check box, a Bunker Quantity Range form appears. Previously, Bunker Quantity Range could only be accessed by right-clicking a row.

October 31, 2020: New in IMOS v7.11.16677

Improved In-Progress Estimation Accuracy in Voyage Estimate
Several new features have been added in Voyage Estimate: 

• In Voyage Estimate, a new tab called “Bunkers” has been added, enabling you to edit Bunker ROB values for ports. Edited fields will turn blue to indicate manual override. 

• On the Estimate Delays form, a new tab called "Bunkers” has been added, enabling you to enter off-hire bunker costs to be accounted for in the estimated P&L. A new check box called “Include in P&L” has also been added, enabling you to include unplanned off hire in the Estimate P&L.

• In-progress Voyage Estimates now include actualized other revenues and expenses, actualized voyage off-hire data, and actualized voyage bunker consumption. Also, PDA/FDA information is included in port expense calculations. 

Improved Multiple VC In and Cargo Booking Workflows
CFGEnableCargoBooking and/or CFGEnableVCInBooking must be enabled
Several new features have been added to the Cargo/VC In Booking forms and workflows:

• User-Defined Fields (UDFs) can now be bulk updated for all liftings linked to a booking by clicking “Lifting Properties” on the the Cargo/VC In Booking toolbar. 

• On the Properties form, which appears when you click “Lifting Properties,” UDFs with different values for different liftings now clearly show “(Multiple),” so you can decide whether or not you want to update UDF values for all liftings. 

• When either CFGEnableCargoItinSupplierReceiver or CFGChartererView is enabled, you can now see and edit itinerary-level Supplier/Receiver information for each contract in the booking.

Link Physical Trades to Paper Contracts
Requires the Trading & Risk module; CFGLinkPaperToPaper and CFGLinkedTradeTypes must be enabled
You can now link to physical contracts directly from the Linked Trades tab of paper trades (e.g., from an FFA to a Cargo), so you no longer need to subsequently track down the physical trades in their disparate locations across the system and link the paper trades there.

Track the Latest Submitted SOF Information for a Port Call
Requires the Voyage Reporting and APIs modules
Two new parameters have been added to the “GET v1/forms” API endpoint, enabling you to further filter the returned Voyage Reporting form data, by "portCallSeq" and "submittedBy."

September 30, 2020: New in IMOS v7.11.16275

Set Start of Ballast Leg as the Exposure Basis Date for Cargo Contracts
Requires the Trading & Risk module
A new check box called "Use Est. Ballast Days For Exposure Start Calc" has been added to the Trading Profile. When selected, the Trading P&L Summary and Details List will take into account the estimated Ballast Days required to move a cargo, and will calculate an updated start of exposure based on the start of laycan less these days. 

Additionally, the Trading Profile "Select Basis to Calc Ballast From Other than Min" check box can be used to select the laycan window's mid or max to deduct the Ballast Days from to calculate the start of exposure. If "Select Basis to Calc Ballast From Other than Min" is not selected, Ballast Days will always be deducted from the start of the laycan window. 

Show Miles in ECA Zone
On the Voyage Manager and Voyage Estimate itineraries, an "ECA Miles" column has been added to the Port/Date tab to view the ECA distances between port calls. In addition, an “ECA Distance” column has been added to the Route Selection modal. 

New Trading Profile Form Tabs
Requires the Trading & Risk module
The Trading Profile form has been reorganized to support the use of “Mark to Market,” “Rules,” and “Profile Flags” tabs. Previously, these sections were all displayed together on the form, but now there is a dedicated tab for each section, making navigating the Trading Profile form much easier.

Link Paper Trades to One Another for Hedging and Rolling 
CFGLinkPapertoPaper must be enabled
With appropriate configuration, a Linked Trades grid appears on the FFA/Option and Bunker Swap/Option forms. On the Linked Trades tab of each paper trade form, the Linked Trades grid enables you to link two paper trade contracts together.

"Cargo" and "Cargo ID" Fields Populate in the Operations Forms List
Requires the Voyage Reporting module
The Forms list now populates the "Cargo ID" and "Cargo" columns for Cargo Handling form rows.

August 31, 2020: New in IMOS v7.11.15882

Edit Arrival/Departure ROBs on Voyage Itineraries 
You can now update the Bunker Itinerary information on Voyage Itineraries for upcoming ports, allowing you to plan and manage your voyages more effectively by updating arrival/departure ROBs. Once edited, the field will be colored blue to indicate a manual override. Actualized ROBs and commencing ports are not editable. 

Ignore Duration Basis from the TC Contract & Always Account for Min
Requires the Trading & Risk module
A new check box called “Use Min Duration On TC Contracts” has been added to the Trading Profile. When selected, the duration basis on the TC contracts displayed in the Trading P&L Summary and Details Lists will be ignored and, instead, the contract will be evaluated against its min duration. The min/max period defined on the contract will then always be assessed as an optional period. 

Link Trades on a Quantity Basis Instead of Just a Period Basis
Configuration flag CFGLinkPaperTradeQty must be enabled
With appropriate configuration, paper trades can be linked to physical trades on a quantity basis within a period, providing a more granular level of linking and allowing for one paper trade to be linked across multiple physical contracts within the same period.

Added ECA Zone in South Korea
New ECA zone was added for the South Korean ports: Busan, Incheon, Yeosu/Gwangyang, and Ulsan.

July 31, 2020: New in IMOS v7.11.15015

Select “Min Excl Option” Duration Basis on TC Contracts
Requires the Trading & Risk module
A new duration basis option called “Min excl Option” has been added to Time Charter contracts. This basis option behaves like "Min," except when exposure on the contract is calculated, since the exposure period does not include the options period or the Min/Max period.

Apply Different Correlations & Adjustments in the Bunker Exposure Breakdown
Requires the Trading & Risk module
“Correlation” and “Adjustment” columns have been added to the Bunker Exposure Breakdown on the Cargo contract. These columns allow for different values to apply to different periods of exposure.

Set an Absolute Vessel Adjustment to a TC Contract on the Exposure Tab
Requires the Trading & Risk module
A field for an absolute "Vessel Type Corr/Adj” has been added to the TC contract’s Exposure tab, which applies to the mark-to-market calculation for the contract. This adjustment can be applied before or after the correlation, based on the additional check box that was added. 

Automatically Update Berth ETA Based on Port ETA Changes
Configuration flag CFGEnableBerthMgmtActivities must be enabled
In Berth Management Activities, changes in the Port ETA now update the Berth ETA. Any events and times between the start of port activities and the start of a given berth’s activities will shift accordingly.

Import Disbursement Invoices in “Allowable Payment Currency”
Requires a DA-Desk Interface
A new check box has been added to Veslink System Configuration to support importing DA-Desk Disbursement Invoices in a separate “allowable payment currency” that is different than either the local or base currency.

June 3, 2020: New in IMOS v.7.11.14294

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Operations

Select a Cargo in Port Activities prior to Receiving the BL Code
Configuration flag CFGSelectCargoInPortActivitieswithNoBLCode must be enabled
With appropriate configuration, you can select a cargo on the Port Activities form prior to a BL Code being received, for example, when you are waiting for the BL Code from the agent.

Add "ETA" and "ETD" Fields to Custom Voyage Reporting Forms
Requires the Voyage Reporting module
“ETA” and “ETD” fields are now available to add to custom forms. When forms containing these fields are submitted, entered values update port ETAs and ETDs in IMOS.

Financials

IFRS 16 Compliance: Create Lease Modification "Error Correction” Journals
Configuration flag CFGEnableTCLeaseAccounting must be enabled
On the Time Charter Period Journals form, you can now create either “Re-Value” or “Error Correction” journals.

May 7, 2020: New in IMOS v.7.11.13833

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

New Unit Tow Check Box Updates Delivery Port and Actual Dates with Commencement Date and Action Data
Requires the Barging module
A new check box called Unit Tow has been added to the Tow record in the Barging module. When this check box is selected, the delivery port and actual dates on an Equipment Contract will automatically update from the voyage.

Profit Share Payment Now Generates Unique Invoice For Each Profit Share Selected
If you select multiple rows to pay in the Profit Share Distribution form, each selected profit share row will generate an invoice. Previously, when multiple rows were selected, one invoice was generated for all rows.

New ID Column in the Demurrage Allocation Form
Requires the Claims module
In the Demurrage Allocation form, the Cargo drop-down menu now includes an ID column to help differentiate between different parcels in the voyage.

CO2 Emissions Column Highlighted Red if CO2 Factor Is Missing
The CO2 emissions column in Estimator and Voyage Manager will be highlighted red if the CO2 Factor is not entered for the respective Fuel Types in the Data Center.

April 2, 2020: New in IMOS v7.11.13392

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Additional Audit Reporting
Feature Board suggestion; requires a schema update
Several fields have been added to the Voyage List, Voyage Invoices List, and other Financials lists to enable more granular reporting on invoice creation and approval.

Warning When Deleting a Port with a Data Submitter
Feature Board suggestion; requires the API and the Agent Portal
For clients that connect to agents and port services suppliers through the API, the system will now warn you if you try to delete a port in the voyage itinerary with a Data Submission entry, helping to ensure that you adjust your itinerary with intention.

Help Save the Planet – Emissions Calculator
Feature Board suggestion
On Voyage Estimate and Voyage Itineraries, a new “CO2” column enables you to capture CO₂ emitted per leg. When evaluating voyage options, you can minimize the EEOI impact of a voyage by choosing the lowest estimated CO₂ emissions.

Trading Profile Option: Display ROB Exposure Based on Future Scheduling
Requires the Trading module
On the Trading Profile form, the logic behind the “Display ROB Exposure Based on Future Scheduling" option has been updated to better handle TCTO voyages, specifically the delivery exposure and capturing the net between that and the leading TCOV ROBs.

Optimize Ballast and Laden Speeds for Maximum TCE
On the Voyage Estimate details menu, click “Apply Max TCE Speed” to pull in ballast and laden speeds from the vessel's defined speeds that will result in a maximum TCE result. These speeds will update in the voyage itinerary.

Create a Voyage Estimate from the Benchmark Linked to a Cargo
Configuration flag CFGEnableBenchmarkEstimate must be enabled
You can now create a Voyage Estimate from a Cargo based on the linked Benchmark Estimate. On the Cargo “Estimate” menu, click “Add Cargo To New Estimate From Benchmark.”

Display TC In Broker Commission on the Voyage Estimate P&L
Configuration flag CFGTciBrokerCommOnEstimate must be enabled
On the Voyage Estimate P&L, you can now display a broker commission amount and percent from the Time Charter contract, when applicable.

Improved Voyage Visibility on Booking Forms
Configuration flags CFGEnableCargoBooking and CFGEnableVCInBooking must be enabled
On the Cargo and VC In Booking forms, you can now see “Voyage Status” for each associated voyage. You can now click column headers to sort through the list of voyages by column value.

Manage Who Can Edit Accounts in Transactions and Journal Entries
Configuration flag CFGEnableEditTDEandJournalAccountsEntry must be enabled
Administrators can now control access to the "Account” fields within the Transaction Data Entry and Journal Entry forms via two new security permissions at the group or user level: "Edit Account on Transaction Data Entry" and "Edit Account on Journal Entry." Enabling this configuration will supersede configuration flag, "CFGEnableModifyTDEAccounts."

March 2, 2020: New in IMOS v7.11.12849

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Track “Firming ETA” in Contract Performance Reports
Configuration flag CFGStoreFirmingETAOnCargoTrigger must be enabled
Depending on the trigger defined in the configuration flag value, when a voyage’s status is set to “Forecast,” “Scheduled,” or “Commenced,” a static “Firming ETA” field populates on the linked Cargo or VC In Itinerary/Options tab. You can compare this value with the actual ETA in a custom Report Designer report.

Add Pilot Stations to Your Itinerary
Configuration flag CFGEnablePortPilotStations must be enabled
On a Port, you can designate it as a “Pilot Station” by selecting the check box of the same name. Pilot Stations can be associated with a standard Port (on the Port form Pilot Stations grid) and then added before, after, or in place of the associated Port on the estimate or voyage itinerary.

Receive Voyage Reporting Forms from Tows
Requires Veslink Essential and the Barging module
An “Active for Veslink” check box has been added to the Tow form, enabling Tows to submit Voyage Reporting forms to shore.

Validate Port Activity Pairing in Voyage Reporting Forms
Requires Veslink Optimum; configuration flag CFGApplyCodePairInPortActSelection must be enabled
Voyage Reporting forms containing a Port Activities control, such as the Statement of Facts, will enforce any pairing set up on the Port Activities form in the Data Center.

Generate a Receivable Demurrage Time Bar Task after Last Discharge Port
Requires the Claims module; configuration flags CFGAlwaysAddPerVoyageReceivableTimeBarTask and CFGEnableDemTBTasks must be enabled
With appropriate configuration, a single AR Demurrage Time Bar Task will always be generated in OVOV, RELT, TCOV, and VCOV voyages for the cargo charterer when the last discharge port's activities are completed.

January 31, 2020: New in IMOS v7.11.12207

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

ECA Zone Changes for 2020
Requires a Distances upgrade
To comply with January 2020 regulations, a new ECA - YANGTZE INNER RIVER zone was added. ECA Zones are available as a visual overlay in any map workspace, and the zones can be minimized when calculating routes in Estimates, Voyages, and Distances.

New Trading Profile Option: Use Correlation from Index-Linked Contract
Requires the Trading module
On the Trading Profile form, two check boxes have been added to "Use Correlation from Index-Linked Contract" in the exposure for the fixed-rate trade. The two check boxes of the same name appear when "Short Position for a Cargo on an Index-Linked TCI" and "Keep TCTO in Exposure when one is Index-Linked" check boxes are selected.

Update VC In L/D Rates, Based on COA Options
Configuration flag CFGUpdateLDRatesWhenLinkedtoCOA must be enabled
When a VC In is linked to a COA, the Load/Discharge rates will update from the COA options when the VC In itinerary has matching ports in the COA Load/Discharge options.

Assign Owner’s Agent, Based on Ports Serviced
Configuration flag CFGAutoAssignOwnersAgent must be enabled
On the Agents and Notices form, Owner's Agent automatically populates for the voyage port call with an agent that services the port. If there are multiple agents that can service the port, the field populates with the first agent returned. Only forward port calls will be updated after this flag is enabled; historical port calls will not be updated.

Generate Time Bar Tasks for RELT and VCOV Voyages
Requires the Claims module; configuration flag CFGEnableDemTBTasks must be enabled
Demurrage Time Bar Tasks to complete demurrage-related activities are automatically generated based on contract and voyage data. In addition to existing logic and triggers for different voyage types, tasks are now generated for RELT and VCOV voyages.

Apply Code Pairing to Port Activities
Configuration flag CFGApplyCodePairInPortActSelection must be enabled
Code Pairing set up in the Port Activities list in the Data Center will now allow you to pair two activities together through the "Code" and the "Pair With" fields. When one activity is manually added to port activities, the paired activity will also automatically add.

December 18, 2019: New in IMOS v7.11.11810

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Trading Profile Option: Show Cargo/VC In Weighted Days as Voyage Days
Requires the Trading module
When the "Show Cargo/VC In Weighted Days as Voyage Days" check box is selected for a Trading Profile, the start date will reflect the Commencement Date of the voyage instead of the Cargo Laycan.

Create Paper Trades against Calculated Routes
Requires the Trading module; configuration flag CFGEnableCalculatedRoutesInPaperTrades must be enabled
With proper configuration, you can select Trade Routes and symbols marked as “Calculated” when creating FFA, Bunker, and Commodity trades.

Update Cargo L/D Rates when Linked to a COA
Configuration flag CFGUpdateLDRatesWhenLinkedtoCOA must be enabled
The L/D Rates that are populated on a Cargo COA’s itinerary will copy to a linked lifting’s itinerary when the COA is added to the lifting.

Display Trade Commission Settlement on the Voyage P&L
Requires the Trading module; configuration flag CFGEnableEditVslVoyOnTradeCommission must be enabled
On a Trade Commission Settlement, you can enter a specific "Vessel" and "Voyage No." so that the amount appears on the corresponding Voyage P&L.

November 26, 2019: New in IMOS v7.11.11468

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Report on User Permissions
A new "Module Access" table, available as a join from the "User" table, is now available in the Report Designer. With this data source, you can build a report to gain visibility into permissions across users and groups.

IMO 2020: New Bunker Symbols Available
Requires the Trading module and a bunker data feed
Two new bunker symbols have been added to support IMO 2020 fuel grade compliance: SPO05FO (Marine 0.5% FOB Singapore) and RDM05FO (Marine 0.5% FOB Rotterdam Barges). The symbols must be added manually to the Bunker Symbol form in the Trading module.

Use Idle/Off Consumption for Dry Dock Port Functions
Applies only to new or unused Port Functions other than L, D, or M
When defining Port Functions in the Data Center, you can select the “Idle/Off Cons” check box to use the Idle/Off consumption rate defined on the Vessel Consumption tab. This enables you to calculate in-port bunker consumption differently when the vessel is waiting at port (using the Idle/On rate) versus in dry dock (using the Idle/Off rate).

Compare Sea and Port Consumption against an Average
Applies only to non-tow voyages
On the Voyage Bunkers form, two new columns enable you to see “Avg Sea Cons” and “Avg Port Cons” per fuel, on the Summary tab, and per sea leg, on fuel-specific tabs.

Add Technical Managers to the Address Book
Configuration flag CFGAddTechMgmtCoAddType must be enabled
In the Address Book, you can now create Addresses that are Type “T,” for Technical Manager, which can be selected in the Manager drop-down menu on the Vessel Contacts tab.

November 4, 2019: New in IMOS v7.11.11081

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

IMO 2020: Flexibly Configure Fuel Zone Consumption
Configuration flag CFGEnableScrubberType must be enabled
If a fuel zone is marked as “IMO 2020,” you can now select H (high-sulfur) and G (general) fuel types in nonscrubber configuration of fuel zones, which are taken into account when bunker consumption is calculated.

IFRS 16: Enhanced Support for Lease Modifications
Lease modifications will now use the latest ROU depreciation rate, and add an adjustment to the MLAJ journal to compensate for any change in accumulated depreciation due to the modifications. Prior periods will continue to be depreciated according to the value stored with each MLAJ journal.

Exclude Pending Paper Trades from a Trading Profile
On the Trading Profile form, you can select a new option, "Show Only Confirmed Paper Trades.” When selected, any paper trade with a "Pending" status will not be shown in the Trade Details list or Trading P&L summary.

Back-create a Booking from a Voyage
Configuration flags CFGEnableCargoBooking and/or CFGEnableVCInBooking must be enabled; requires a schema upgrade
When configuration flag CFGCreateBookingFromVoyage is enabled, on the Create New Voyage form, a new option appears in the "Create From:" drop-down menu: "Voyage Booking." When selected, upon saving the voyage, a new Booking will be created and linked to the voyage, with its properties initialized basis the entered voyage data.

October 7, 2019: New in IMOS v7.11.10531

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Reminder: Create a Help Center Account

As a Veson Nautical client, you have access to the centralized Veson Nautical Help Center, through which you can search the Knowledge Base and contact Veson Nautical Support. If you have not done so already, please create a Help Center account.

By October 31, 2019, existing help links will redirect to articles in the Help Center.

Key Features

IMO 2020: Select Scrubber Type per Port, Vessel, Voyage Estimate, and VoyageEdit
When CFGEnableScrubberType is enabled, a scrubber drop-down menu appears on the Port, Voyage Bunkers, Bunker Planning, and Vessel forms accessed through a Voyage Estimate. On the Port and Vessel forms, the drop-down menu reflects scrubber values allowed at the port and equipped in the vessel. On the Voyage Estimate and Voyage, it reflects the scrubber type used for bunker calculations. On the Vessel form, the “Use Scrubbers” check box is replaced with the new “Scrubber Type” drop-down menu. The Fuel Zones form has two tabs to support “Scrubber” and “Non-Scrubber” configurations. These new options facilitate bunker calculations to use the new IMO 2020 regulations.

Aggregate Contracts Linked to the Same Parent Contract
Requires the Trading module
On the Trading P&L Summary, you can now group contracts by “Parent Contract.” This enables you to view contracts aggregated by COA, for example.

Back-Create a Voyage Estimate from a Voyage Fixture
On a Voyage Fixture, click the new “Estimate” button to back-create a Voyage Estimate.

For Gas, LNG, and Tanker Bookings, Track Tank Inspection and Purging
Configuration flags “Enable Cargo Booking” and “Enable VC in Booking” must be enabled
Two new columns appear on the Tank Information form, “Insp.Status” and “Purg. Status.” These statuses can be set to “In Progress,” “Denied,” “Approved,” and “Additional Request.”

“Processing” Forms Appear Light Blue in the Veslink Forms List
Requires Veslink
To more easily differentiate from Veslink forms in status “Approved,” “Processing” forms now appear with a light blue background in the Veslink Forms list. As before, “Pending” forms are highlighted in green, and “Pending with Errors” forms are highlighted in red.

Denote Cargo Names that Require Special Handling
A new check box, "Special Handling Required," has been added to the Cargo Name form in the Data Center. It is available to flag products that need additional attention during vetting. The "Special Handling Required" column is available for display in the Cargo lists and Cargo Name reports.

September 3, 2019: New in IMOS v7.11.10064

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Key features and enhancements:

Apply Coordinates to "At Sea" Ports in an Itinerary
When configuration flag “Enable Lat Lon Override” is enabled, you can manually override At-Sea Port Latitude and Longitude values in the Voyage Estimate and Voyage Manager, to more accurately reflect waiting points or itinerary deviations.

Apply Weighted Hire and Restricted Vessel Speeds to Vessel Valuation
Requires the Trading module
When restricted speeds are applied to a vessel, on the Vessel Valuation form, you can select from those speeds in the Ballast Speed and Laden Speed columns. Additionally, to adjust the input Hire Rate by the relative weighting of each Voyage Estimate in a Matrix, in the Method column of the Component grid, select the "Weighted" option to the Hire Rate.

Bulk Update Contracts from the COA Linked Liftings Tab
In addition to bulk updating contracts from the Cargo List and VC In List, you can select Linked Liftings to update from the COA form. Select the contracts that you want to update and then click the “Bulk Update” button below the grid.

Add Attachments to Addresses
Administrators can add attachments to any Address by right-clicking the “Attachments” link in its Summary tree. You can also dynamically attach links using configuration flag “DataForm.AddressBook.Links.”

August 2, 2019: New in IMOS v7.11.9601

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Key features and enhancements:

IMO 2020: Define Acceptable Fuels per Port and Record Scrubber Install Date
Configuration flag “Enable Port Fuel Availability” adds a Fuel Type/Grade Availability grid to the Port form, in which you can capture fuels that are available at the port.

Configuration flag “Enable Vessel Scrubbers” adds a “Scrubbers Active” field to the Vessel form, in which you can record the date when scrubbers were installed.

To learn more about Veson Nautical's IMO 2020 solution, RSVP for the upcoming webinar, A Digital Solution for IMO 2020.

Marine Planning: View Port ETAs and ETDs on the Booking Form
The marine planning workflow requires additional existing configuration flags
Configuration flag “Enable Ports Grid in Booking” adds a Ports grid to the Cargo Booking and VC In Booking forms. This grid displays port ETAs and ETDs from the port calls and voyages tied to the booking. These fields only populate when there is a voyage, and they cannot be edited. Only ports that appear in the Cargo grid appear, so transshipment ports do not display.

July 1, 2019: New in IMOS v7.11.9161

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Key features and enhancements:

Synchronize Cargo and Voyage Revenues and Expenses
Enabling configuration flag "Link Cargo Rev Expense to Voyage Rev Expense" creates a persistent link between Revenues and Expenses added in the Rev/Exp tab in the Cargo form and those on the Voyage Other Revenues and Expenses form. Row highlighting and hover help indicate which lines will not be synced because they were created prior to the availability of this configuration.

Manage Cargo Movements from a Centralized Booking
Configuration flags "Enable Cargo Booking" and "Enable VC In Booking" must be enabled
IMOS supports a more robust marine planning workflow for commodity owners. Working from the Cargo or VC In Booking, you can determine the most efficient way to group cargoes, manage vessel nominations, schedule voyages, and manage cargo movements through to discharge.

Set Default Data Submission Agents per Port
When configuration flag "Enable Default Data Submission Agent Per Port" is enabled, a "Data Submission Agent" field appears on the Port form. When an agent is selected for a port, that Data Submission Agent will populate by default for its port calls, taking precedence over configuration flag "Default Data Submission Agent."

Define Return Bunkers and Hire for Shuttle Freight Invoicing
Configuration flag "Enable Shuttle Freight Invoicing" must be enabled
Agreed Transit Times and Rates Rule and Agreed Transit Bunkers Rule forms, available in the Data Center, enable you to create rules that define return (theoretical) times/rates and bunker consumption, used to calculate shuttle tanker freight. For ease of use, these forms have been designed to resemble other rule creation forms in IMOS.

June 3, 2019: New in IMOS v7.11.8840

The latest version of IMOS v7.11 and its Release Notes are available in the Client Center.

Key features and enhancements:

View a List of Alerts Assigned to You
Alerts can now be assigned to specific users, just like Tasks. In the Operations module, a new Alert List shows all Alerts created in the system, for which you can create a user view filtered to show only Alerts that are assigned to you.

Determine the Correlation Value of TC Vessels, against a Benchmark