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IMOS On-Prem - Charter Party Terms

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In the Data Center , under Charter Party Terms, click the term name.

Term lists that already include standard terms are underlined below.

  • Charter Party Forms terms include Charter Party agreement types. They are used on the COA, Cargo, Voyage Fixture, and CP Terms Details forms.
  • Equipment Hire Rate Differentials are used to adjust Hire Rates during an Equipment Contract. For more information, see Equipment Hire Rate Differentials.
  • Extra Freight Terms represent cargo-related extra revenues/expenses to be included in the Freight Invoice. You can add Extra Freight Terms to the COA, Cargo, and CP Terms Details forms. For more information, see Extra Freight Terms.
  • Laytime to Commence terms are used on the CP Terms for Port form.
  • Laytime Terms describe when ports are open for loading and discharging. They are used on the COA, Cargo, Voyage Fixture, Itinerary Details (from Voyage Estimate and Voyage Fixture), CP Terms for Port, and Laytime Calculation forms. For more information, see Laytime Terms.
  • Laytime Types terms are used on the CP Terms for Port form.
  • Load/Discharge Rate Standards are used to enter Load and Discharge rates to be defaulted onto Cargo COAs and VC In COAs. The rates flow to liftings linked to the contracts and are re-evaluated when the linked liftings are scheduled onto voyages. The rate selected is based on the vessel, cargo, and port information entered in each line of the form. If two lines could match a particular cargo, the lowest rate will always take precedence, even if the higher rate is a more specific match.
  • Loading Costs terms are used to track details for internal purposes.
  • NOR to Tender terms are used on the CP Terms for Port form.
  • Other Loading Terms are used when the Liner Terms option is turned on for cargo. This is linked into the CP Terms.
  • Payment Terms are used on the Transaction Data Entry form and all invoices. For more information, see Payment Terms.
  • The Pricing Template List lists Pricing Templates, which contain Rules for Advanced Pricing. For more information, see Pricing Template List.
  • Quantity Descriptions can be used to indicate the status or intent of cargo lift quantities (with configuration flag CFGEnableLiftQtyDescriptions). They are used on the CP Terms Details and Cargo forms. For more information, see Quantity Descriptions.

  • Rate Tables are used on the COA and Cargo forms. For more information, see Rate Tables.
  • Shifting Terms are used on the CP Terms for Port form.
  • Standard Paragraphs are used on all invoices. A standard paragraph is text that flows through the forms; it might be a clause related to terms or a force majeure clause.
  • Time to Tender terms are used on the CP Terms for Port form.
  • Time Used terms are used on the CP Terms for Port form.
  • Weather Working Days terms are used on the CP Terms for Port form.

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