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When lifting bunkers in a TCTO voyage, multiple parties can be involved in the transaction.

Scenario	Paid By	For Account	Description on the Voyage Manager Bunkers tab
Operator for Operator	Operator	Operator	Paid by Operator
Operator for TCO	Operator	TCO Charterer	Supplement to Delivery
TCO for Operator	TCO Charterer	Operator	For Operator's Account
TCO for TCO	TCO Charterer	TCO Charterer	-
Operator for TCI	Operator	TCI Owner	For TCI Owner's Account
TCI for Operator	TCI Owner	Operator	Supplement to Delivery
TCI for TCI	TCI Owner	TCI Owner	Paid by TCI Owner

Operator for Operator

Bunkers paid by the Operator for the Operator’s Account are not settled on the TC Out contract.

For a bunker lifting, if the invoice is paid by the Operator, and the bunkers are for the Operator’s Account, the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
Operator	Operator	Paid by Operator

The TCO Charter Party shows the quantity and price paid in the Paid by Operator line. The price is not editable because it is a direct reflection from bunker lifting.

When issuing a bill from the TCO Charter Party, Cost On Delivery and Cost On Redelivery check boxes are highlighted:

When these check boxes are selected, the invoice shows three lines to settle the delivery and redelivery bunkers:

Line 1 shows the quantity and price of the bunkers on delivery.

Lines 2 and 3 settle the redelivery bunkers:

The Charterer’s redelivery bunkers need to be settled: 1,053.61 – 600 = 453.61 MT @ CP price 220 USD/MT

The logic is as follows: The Operator has paid the bunkers at lifted price outside the TC Out contract, but the Operator is still buying all bunkers from the TCO Charterer on redelivery @ CP price, including the bunkers paid by the Operator. Hence, the Operator deducts the money from the bill to the TCO Charterer.

Operator for TCO

For a bunker lifting, if the invoice is paid by the Operator but the bunkers are for the TCO Charterer’s Account, the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
Operator	TCO Charterer	Supplement to Delivery

The TCO Charter Party shows the quantity and price paid in the Supplement to Delivery line. The price is editable and should be edited to reflect the eventual bunker selling price.
Note: The eventual selling price can be different from the lifting price (autocomplete gives the CP price).

When issuing a bill from the TCO Charter Party, in addition to Cost On Delivery and Cost On Redelivery, the Supplement to Delivery check box is highlighted:

When these check boxes are selected, the invoice shows three lines:

In addition to the cost on delivery and redelivery, a line appears for IFO Supplement to Delivery with the amount lifted for the TCO Charterer and paid by the Operator at the price of selling: 600 USD/MT (IFO price from the TC Out contract)

TCO for Operator

For a bunker lifting, if the invoice is paid by the TCO Charterer but the bunkers are for the Operator’s Account, the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
TCO Charterer	Operator	For Operator's Account

The TCO Charter Party shows the quantity and CP price in the For Operator’s Account line. The price field is editable and should be recorded as per invoices received from the TCO Charterer. The price field is the actual buying price from the TCO Charterer.

When issuing a bill from the TCO Charter Party, in addition to Cost On Delivery and Cost On Redelivery, the For Owner's Account check box is highlighted:

When these check boxes are selected, the invoice shows four lines:

Line 1 is used to settle the delivery bunkers.

The next three lines are used to settle the redelivery bunkers:

Lines 2 and 3 are used to settle the Charterer’s bunkers: 1,053.61 – 600 = 453.61 MT @ CP price 220 USD/MT

Line 4 is used to settle the Owner’s bunkers: 600 MT @ lifted price 220 USD/MT

The logic is as follows: The payable redelivery quantity @ CP price should be less than the total quantity redelivered because part of the redelivered quantity already belongs to the Operator when the TCO Charterer gets the lifting. Subsequently, the Operator settles this amount at the buying price with the Charterer (line 4).

TCO for TCO

For a bunker lifting, if the invoice is paid by the TCO Charterer but the bunkers are for the TCO Charterer’s Account, the lifting does not show on any charter party. This information is not relevant to the IMOS user in this scenario; knowing this only affects the projected redelivery amount.

Paid By	For Account	Description on the Voyage Manager Bunkers tab
TCO Charterer	TCO Charterer	-

When issuing a bill from the TCO Charter Party, Cost On Delivery and Cost On Redelivery check boxes are highlighted, both settled at CP price for full Qty.

When these check boxes are selected, the invoice shows two lines:

The logic is as follows: The TCO Charterer is responsible for its own bunker consumption throughout the TC Out contract, so it is not important for Operator to know how much the Charterer lifted.

Operator for TCI

For a bunker lifting, if the invoice is paid by the Operator but the bunkers are for the TCI Owner’s Account, the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
Operator	TCI Owner	For TCI Owner’s Account

The TCO Charter Party is the same as Operator for Operator because the TCO Charterer does not care about the final ownership of the bunkers, so long as it is not for the TCO Charterer.

When making a payment from the TCI Charter Party, Cost On Delivery, For Owner’s Account, and Cost On Redelivery check boxes are highlighted:

When these check boxes are selected, the invoice shows four lines:

Line 1 is used to settle the delivery bunkers.

The next three lines are used to settle the redelivery bunkers:

Lines 2 and 3 are used to settle the Charterer’s bunkers: 1,053.61 – 600 = 453.61 MT @ CP price 220 USD/MT

Line 4 is used to settle the Owner’s bunkers: 600 MT @ lifted price 200 USD/MT

Similarly, the Operator subtracts the Owner’s Account (600 MT) from redelivery bunker quantity from TCI payment @ CP price and separately claims via Owner’s Account Paid by Charterer @ selling price.

TCI for Operator

For a bunker lifting, if the invoice is paid by the TCI Owner but the bunkers are for the Operator’s Account, the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
TCI Owner	Operator	Supplement to Delivery (TCI)

The TCI Charter Party shows the quantity lifted and CP price in the Supplement to Delivery line. The price is editable and should be recorded as your (Operator's) buying price from the TCI Owner.

When making a payment from the TCI Charter Party, in addition to Cost On Delivery and Cost On Redelivery, the Supplement to Delivery check box is highlighted:

When these check boxes are selected, the invoice shows three lines:

In addition to the cost on delivery and redelivery, a line appears for Supplement to Delivery with the Operator paying the invoiced price to the TCI Owner.

TCI for TCI

If a bunker is lifted and the invoice is paid by the TCI Owner, the bunkers are for the TCI Owner’s Account, and the following is shown:

Paid By	For Account	Description on the Voyage Manager Bunkers tab
TCI Owner	TCI Owner	Paid by TCI Owner

The TCI Charter Party shows the quantity only in the For Operator’s Account line. The price is neither relevant to the Operator nor editable.

When making a payment from the TCI Charter Party, Cost On Delivery and Cost On Redelivery check boxes are highlighted:

When these check boxes are selected, the invoice shows three lines:

Line 1 shows the quantity and price of the bunkers on delivery.

Lines 2 and 3 settle the redelivery bunkers:

The Charterer’s redelivery bunkers need to be settled: 1,053.61 – 600 = 453.61 MT @ CP price 220 USD/MT

The lifting price does not matter to the Operator. The Operator only knows that 453.61 MT is for the TCI Owner's Account, hence it is outside the TC In contract.

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