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IMOS - Estimate, Column View

Home > Chartering > Estimate, Column View

By default, the Estimates workspace opens in Worksheet view, with one or more Estimates in columns.

  • On a Worksheet, you can edit multiple Estimate columns side-by-side.

  • You can access additional tools, forms, and information in the toolbar.

  • When you select a port or click a PORT NAME link, the Itinerary Details form appears, so you can enter additional information about the itinerary. It is also accessible from Estimate details.

  • To see or edit Voyage Extra Revenues and Expenses, click the Net Income or Total Expenses link.

  • You can adjust the Freight Rate (on the Cargo form), Profit Total, or TCE (Time Charter Equivalent) to see the resulting changes in the Estimate P&L. To lock the Profit Total or TCE to back-calculate the Freight Rate, select its check box.

    • TCE daily = (Net Income − (Total Expenses − (Vessel Expenses + Ballast Bonus + TCI Common Voyage Expenses − Address Commission))) / Voyage Days

    • For Type G (Gas Carrier) vessels, TCE monthly appears instead of TCE daily.

    • Note: TCI Common Voyage Expenses do not include ILOHC or INTHC; these two expenses affect TCE.

  • To add more cargoes, ports, and/or additional information to an Estimate, click its ESTIMATE ID to expand to Estimate details.

  • To assess the impact of carbon emissions in an Estimate, visit the IMOS - Emissions Metrics & Ratings article for instructions and additional information.


  • Use toolbar buttons to save (

    ), collapse (<<), expand (>>), or delete (X) an Estimate column.

  • To do any of the following, click ... and then click a command. The toolbar in Estimate details has additional commands.

    • Create a New EstimateNew TCO Estimate, or New Consecutive Estimate.

    • Open Estimate or Open Multiple Estimates: Opens the Find Estimate panel.

    • Copy EstimateCopy to TCO Estimate, or Convert to TCO Estimate.

    • Save Estimate or Delete Estimate.

    • Analysis: Perform analyses within the Estimate.

    • Port Expense History: Search for historical expenses previously entered for a port.

    • Bunker Planning: Set up initial quantities and calculation methods for each fuel type and enter quantities and prices for any bunkers you plan to receive.

    • Update Commencement Data: Select one of the following:

      • Select Voyage: Select either the contract linked to the Estimate, or a different voyage from which the commencement data will default.

      • From TC/Head Fixture Delivery: Retrieve the commencement information from the Delivery information in the linked Time Charter/Head Fixture Contract.

      • Clear Commencement Info: Remove the Commencing port and initial bunkers and quantities.
        All commencement information is used, regardless of configuration flag settings: terminating port date, ballast port, fuel prices, and fuel quantities.

    • Delays: Enter information about delays.

    • Profit Share: Indicate amounts from the Voyage P&L to be considered as Profit Sharing or Premium Revenue.

    • Piracy/ECA Avoidance: Select an option:

      • Default: Uses the vessel's default routing preferences specified on the Routes tab in the Vessel form.

      • Disabled: Uses the most direct route.

      • Enabled: Reroutes around all piracy zones.

    • Attachments: Add or view attachments.

    • In Progress Voyage: Link to a commenced voyage.

    • Exchange Rates: Opens the form to enter Exchange Rates from the Data Center.

    • Vessel Defaults: Enter Vessel default values to be used in Estimates.

    • Combine Estimates: Select Estimates to combine from a list of active Estimates.

    • Vessel Matrix: Enter different vessels to compare their costs, speed, and open ports.

    • Vessel Valuation (if enabled): Compare any number of vessels against a benchmark vessel, across a Matrix of Estimates, to determine each vessel's appropriate Ratio % (correlation) value.

    • Fix Estimate/Open FixtureCreate a new voyage or open the linked Voyage Fixture.

    • Create Cargoes: Create Cargoes.

    • Update Linked Fixture: Update the linked Voyage Fixture.

    • Auto Calculate by Max Lift Qty: Automatically check the maximum quantity that can be loaded in the port with the most restrictive deadweight and draft limits. If you then override the Calculated Lift value, it turns blue. To recalculate, clear the field and then press Enter. You can see this information on the Draft/Restrictions tab in Estimate details.

    • Wait for Laycan: Select to have idle days added at the first load port in an Estimate if the vessel arrives before the start of laycan.

    • Apply Max TCE Speed: Select to apply ballast and laden speeds from the vessel's defined speeds that will result in a maximum TCE result.

    • Reports: Click to view any of the following reports:

      • Voyage Estimate Profit & Loss Report

      • Voyage Estimate Summary Report

      • Voyage Estimate Column Report

  • Locking Status: Depending on the status of the Estimate and your Module Rights, whether you can save it. Click the symbol to see a message describing any issues.

    • : The Estimate has not been fixed, and you have rights to save it.

    • : The Estimate has been fixed, but you have rights to save it.

    • : The Estimate was created by someone else, and you do not have rights to save it. (These rights include saving Estimates, Fixed Estimates, Benchmark Estimates, and Estimates created by others, with configuration flag CFGEnableVoyestUserSecurity enabled.)

  • Validation symbol: If information is not complete and correct, click the symbol to see a message describing any issues.

    • : All information is complete.

    • : Some information is missing.

    • : The form contains one or more errors.

Related Configuration Flags



Show Load Quantity in Estimate Column

When CFGShowLoadQuantityInEstColumn is enabled, the estimate column view will display the total load quantity. The existing field "Quantity/Unit" has been renamed to "CP Quantity/Unit."

Enable Voyage Estimate User Security

Users can only save changes to Estimates they create. If a user attempts to save an Estimate created by another user, the action will be blocked, and they will be advised to make a copy of the active Estimate.

Voyage Estimate Zero Profit on Bunker Error

Any fuel type that is used in the calculation with price zero will trigger a red warning. The profit and daily profit are set to zero to avoid misjudging the calculation.

Voyage Estimate Zero Profit on DWT Error

If the quantity of cargo on board exceeds the calculated max lift quantity for an itinerary line, an Estimate error will be raised indicating where the overloading has occurred, and the profit/daily profit for the Estimate will be set to zero. However, if the Estimate is fixed, it does not show zero P&L, and the Estimated P&L in the Voyage Manager is not affected.

Voyapi Error on Disch Greater Than Load

A nominated discharge quantity greater than the loaded quantity will raise a validation error in the Estimate, Voyage Fixture, and Voyage Manager. Additionally, in the Estimate, this will clear the results of the P&L calculation.

Voyapi Warn If Missing Estimate Port Expense

Displays a validation warning in the Estimate and Voyage Manager if a cargo handling port call exists without estimated port expenses.`

Warn If Missing Cargo Bunkers

If the vessel is a tanker or gas carrier, a warning appears if applicable cargo bunker consumption types are not enabled in an estimate or voyage.

Voyapi Validate Cargo Laycan for Port

Adds validation warnings if, at the first port where a cargo is to be loaded, the vessel will arrive before the start or after the end of the cargo's laycan.

  • Additionally, on the Voyage List, voyage lines will be highlighted in yellow if the above condition exists.

Enable Vessel Import from Estimate

Note: Additional licensing is required for Vessel Data Integration.

When enabled, if a user searches for a Vessel in an Estimate that does not already exist in the database, instead of asking the user to create a new Vessel, they will have the option to import from configured external vessel data sources.

Use Voyage Estimate Voyage Deviation

Adds a Deviation button to the Voyage Manager toolbar to launch a Deviation Estimate.

Default TCI on Estimate Vessel Select

When enabled, a TC In or Head Fixture will be automatically assigned when selecting a vessel in the Estimate. When disabled, users will have to manually select a TC In/Head Fixture in the Estimate.

Show Cargo Per Unit Cost

Adds a Per Unit Cost field to the Estimate P&L. This value is also seen on the Voyage Profit & Loss Report (accessible from the Voyage Manager) where Per Unit Cost = total cost of expenses/quantity of cargo loaded.

Enable Voyage Estimate TCE Profit Share

When enabled, PShare %/TCE fields appear on the Estimate column view.

Additionally, when CFGUseMultiOwners is enabled, a Profit Share % field appears on the Owner Information form.

Voyage ID Includes Date

If enabled, the ending year digits are automatically included in the voyage ID.

Enable Voyage Estimate Market Pricing

Note: Requires the Trading & Risk module or Market Data license and schema version 292.

When enabled, Market Data in the form of Trade Routes and Bunker Symbols can be added to an Estimate, which will pull in the latest prices into the corresponding fields. These values can be updated at any time by refreshing the market data in the estimate.

Use Multi Owners

Enables you to assign multiple owners to a vessel. To open the Owner Information form, click Vessel Owners on the Vessel toolbar.

Manually Lock Estimates

When enabled, users with the Lock An Estimate or Unlock An Estimate Module Rights can manually lock or unlock estimates. Locked estimates cannot be edited.

In the Report Designer, the locking status of an estimate can be reported on using the Voyage Estimate > Is Locked field.

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