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How does Advanced Pricing rules in VC In COA and Cargo contract impact demurrage/despatch rates?

There are several options within the VC In COA and Cargo contract that determine the demurrage/despatch rate for a Cargo contract.

These options are:

  1. VC In COA - Advanced

  2. VC In COA - Advanced Pricing Overrides ‘Demurrage/Despatch’

  3. Cargo Contract - Use Pricing from COA

  4. Cargo Contract - Advanced


Below is a matrix for the permutations/combinations of the checkboxes:

S/N

VC In COA checkboxes

Cargo Contract checkboxes

Cargo Contract takes demurrage /despatch rates from:

Able to manually edit demurrage /despatch rates in Cargo Contract?

(1) Advanced

(2) Advanced Pricing Overrides ‘Demurrage/Despatch’

(3) Use Pricing from COA

(4) Advanced

 

 

1

Checked

Checked

Checked

Checked

VC In COA

No

2

Checked

Checked

Not checked

Not checked

Cargo contract; user must key in manually

Yes

3

Checked

Checked

Not checked

Checked

Cargo contract; user must key in manually

Yes

4

Checked

Checked

Checked

Not checked

Scenario does not exist, as checked ‘Use Pricing from COA’ will auto-check ‘Advanced’

-

5

Checked

Not checked

Checked

Checked

Cargo contract (populated from Advanced Pricing rule)

No

6

Checked

Not checked

Not checked

Checked

Cargo contract (populated from Advanced Pricing rule)

Yes

7

Checked

Not checked

Not checked

Not checked

Cargo contract; user must key in manually

Yes

8

Checked

Not checked

Checked

Not checked

Scenario does not exist, as checked ‘Use Pricing from COA’ will auto-check ‘Advanced’

-


From the above matrix, we can deduce that:

  1. If Use Pricing from COA checkbox is checked in the cargo contract, the operator will not able to edit the demurrage/despatch rates manually in the cargo contract.

  2. The VC In COA’s demurrage/despatch rates will override the rates in each cargo contract if the checkboxes (2) Advanced Pricing Overrides ‘Demurrage/Despatch’ and (3) Use Pricing from COA are checked.

You may refer to IMOS - Advanced Pricing for more information on the Advanced Pricing Overrides function.

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