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IMOS - Time Charter Out Estimates

The Veson IMOS Platform is the market-leading cloud solution for commercial marine freight and fleet management.

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


Walkthrough: Scheduling a Voyage

These breadcrumbs show where you are in the walkthrough. To move to a different section, click its link:

Create a TC Out Estimate > Create a Voyage > Hand Off to Operations


You can determine what to charge a Charterer for the use of your vessel by creating a Time Charter Out (TC Out) Estimate. You can try various Rates to estimate your Profit and Loss. Unlike the Voyage Estimate, bunkers are not included, and the primary concerns are the Brokers and the Itinerary information. From the TC Out Estimate, you can create a TC Out.

Creating a TC Out Estimate

To create a TC Out Estimate, do one of the following:

Note: Values from a .TDEFAULT Voyage Estimate do not populate a TC Out Estimate.

TCO Hire Grid

In the TCO Hire grid, you can set multiple different hire lines, each with a Rate TypeDuration, and Period (duration type).

TCO Terms Grid

In the TCO Terms grid, you can specify Delivery/Redelivery ports, Broker/Address total commissions, Ballast Bonus, and whether the Ballast Bonus is commissionable.

  • Specifying a Delivery/Redelivery port creates or edits the corresponding Y/Z port in the Itinerary. If the Y/Z ports are created/edited in the Itinerary, the corresponding values are updated here.

  • Specifying a Broker/Address commission creates corresponding lines in the Brokers table if they were not already specified. Changing the values in the Brokers table updates these values here.

Creating a Voyage from a TC Out Estimate

Walkthrough: Scheduling a Voyage

These breadcrumbs show where you are in the walkthrough. To move to a different section, click its link:

Create a TC Out Estimate > Create a Voyage Hand Off to Operations


To schedule a voyage from a TC Out Estimate, in Details view, click

. All the Estimate values flow into the Voyage and the multiple hire lines are itemized in the Voyage P&L.


Related Configuration Flags


Name/Flag

Description

Enable Commission Sharing
CFGEnableCommissionSharing

When enabled, you can share commissions between internal broker companies. For more information, see Sharing Commissions with Internal Brokers.

Also adds an Internal Counterparty column to the TCO Estimate Broker table.

Enable Broker Rules
CFGEnableBrokerRules

When enabled, Cargo Broker Rules and Time Charter Broker Rules can be defined to add default brokers to contracts.

Also adds Add Default Brokers to the TCO Estimate toolbar to default internal brokers by applicable rules.



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