VIP - Cargo COA

 This is a Key Topic, with high value for all users.

When you need to set up a contract agreement to move a certain amount of cargo over a period of time, you can use a Cargo COA, or Contract of Affreightment. A Cargo COA is like an umbrella contract that might include several different cargoes and several different load and discharge ports, each with its own terms and costs.

A VC In COA represents the contract from a charterer's perspective. Whereas a Cargo COA is a long-term sale contract on a Voyage Charter basis, a VC In COA is a long-term purchase contract.

Cargo COA List

The Cargo COA List includes all Cargo COAs that you have the right to view.

On the Chartering menu , under Cargo, next to Cargo COA, click List.

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• These contracts also appear in the VIP - Cargo Schedule.

Cargo COA

To view an existing Cargo COA, on the Cargo COA List, click its row or Contract ID link.

To create a new Cargo COA, do one of the following:

• On the Cargo COA List, click .
• On the Chartering menu , under Cargo, click Cargo COA.

You can do any of the following:

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• You can access additional tools, forms, and information on the toolbar and right panel.
• Change COA status and edit a COA.
• To share a Cargo COA, copy its URL and then share it with any users in your organization.
  Note: To view the Cargo COA, users must be logged in.

The Cargo COA form includes the following sections:

• General Information, Cargoes, and Vessel Types
• Itinerary/Options tab
• Pricing tab
• Linked Liftings tab
• Exposure tab (when configuration flag CFGEnableBenchmarkEstimate is enabled)
• Properties tab (when User-Defined Fields applicable to the Cargo COA are set up)
• Revenues/Expenses tab
• Rebill Settings tab
• Nomination Tasks tab
• Planning Periods tab (when configuration flag CFGEnableCOAPlanningPeriod is enabled)
  

When you save the Cargo COA, Cargo IDs are assigned to all the linked Cargoes, and you can use the ID to add a Cargo to a Voyage Fixture. To open an individual Cargo, right-click it and then click Cargo. All the parameters are copied from the COA.

When an Alert is entered for a Charterer, a Vessel, or a Port, the field is highlighted in light red.

Panels

Additional information is available in workspace panels. You can access them from the blue navigation bar on the right.

• To access the Tasks and Alerts panel for the current workspace, click .

Changing COA Status and Editing a COA

To change the status of a COA to or from Confirmed, you must have the Confirm COA Module Right selected. When a COA has status Confirmed, only certain fields can be edited, either with or without this right.