This guide explains how to create an estimate for TCTO.
Step 1: Navigate to chartering.
Step 2: Click on estimates.
Step 3: Select a worksheet.
Step 4: Convert the selected worksheet to TCO.
Step 5: Switch the view to tab view.
Step 6: Select your profile from the list.
Step 7: Choose the operation type.
Step 8: Enter the ballast port and the operation port.
Step 9: Add the commencing and completing date for the voyage.
Step 10: Add miscellaneous revenue and miscellaneous expense.
Step 11: Go to the bunker section and add the price for the bunkers.
Step 12: Move on to the TCO hire table, add neuro, and set the rate type as per day.
Step 13: Allow the duration and select the period.
Step 14: Add the delivery port and the redelivery port in the TCO terms.
Step 15: Add the broker percentage and Address commission percentage.
Step 16: Reenter the last bonus and select the broker from the contact list.
Step 17: After entering all the necessary details, click save.
Step 18: Check the P and L profit and loss for the voyage.
Step 19: Check the CI rating for the voyage.
Step 20: Check the carbon emission for the voyage.
Step 21: Switch back to column view.
Step 22: Close the estimate.
Step 23: Change the vessel if necessary.
Step 24: Check the profit and loss, and compare it with the estimates.
This guide should help improve your chartering process.
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