How Should I Handle a Change in TC Owner When a TC Invoice has Already Been Raised?

Once a Time Charter invoice has been raised, the owner field in the contract will be locked and you will no longer possible to change the TC owner. Additionally, a single voyage cannot be linked to more than one Time Charter contract.

To handle a change in TC ownership in this scenario, follow these steps:

1. Update the existing TCI contract by modifying the redelivery port to reflect the relevant port where the vessel was located at the time when the ownership changed.

2. Update the voyage itinerary by setting this port as the final port of the voyage and assigning it as port function Z (Redelivery).

3. Remove all other ports from the voyage itinerary to reflect the redelivery.

4. Create a new TCI contract under the new owner's name, starting from the redelivery port of the previous contract.

5. Schedule a new voyage and link it to the new TCI contract. This voyage should start from the same port, using the port function Y (Delivery).

By following these steps, the system will correctly reflect the transition of ownership for both the Hire Statement and SoA as the original owner will cover the period up to the vessel’s redelivery.