IMOS On-Prem - Bareboat Contract In

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When time chartering in a vessel, you need to create a Time Charter In for the Bareboat charter and then record the contracted cost of the crew and provisions provided by a separate counterparty.

The Bareboat Manager form enables you to manage Bareboat information and payments.

1. On the Time Charter In Bareboat tab, click .
   
2. Enter at least a Counterparty, Currency, Exchange Rate, and Billing Period.
3. Do any of the following:
   • In the Hire Rate grid, if the Bareboat Hire is not paid on the Time Charter Payment, enter a Bareboat Hire Rate. On the Voyage P&L, it appears as Bareboat Hire.
   • In the Miscellaneous grid, enter miscellaneous expenses for all Bareboat Payments. You can specify if they are commissionable.
   • In the Broker grid, add Brokers to the contract.
   • To view the Bareboat Hire Statement and report, click .
   • To make a payment, click . Payments appear in the Summary Tree, at the right.
   • To view and create Bareboat Commission Payments from the Bareboat Commission Summary, click .