Hire Details

For invoices of type Hire, the Services tab includes two dedicated blocks:

  1. Vessel Hire — Used to define specific parameters related to vessel hire;

  2. Additional Expenses — Intended for non-hire-related services or entries that do not require specific hire-related calculations. This block functions similarly to the Expense list in simpler invoice types (e.g., Miscellaneous).

Vessel Hire Block Fields

  • Rate Calculation Mode: Hire rate calculation mode.

  • CBF — Vessel Bale (capacity) — Vessel's cargo space (in volume units).

  • Hire Period Start (From): Start date of the hire period.

    • Period Start Format: Time zone marker for the start date (No / LT / GMT).

  • Hire Period End (To): End date of the hire period.

    • Period End Format: Time zone marker for the end date (No / LT / GMT).

  • Hire Days: Duration of the hire period (read-only, auto-calculated as the number of days between From and To).

  • Addr. Comm: Address commission (% of total).

  • Brok. Comm: Broker commission (% of total).

  • CVE — Cable, victuals, and entertainment — Surcharge for crew-related services (% of total).

  • Rate: Base hire rate.

  • Total: Total cost in invoice currency.

  • Total, Basis: Total cost in the system’s basis currency.

Hire Rate Calculation Modes

Two rate calculation modes are available:

  • Fixed Daily Rate — Flat daily rate:

    Total=HireDays×RateTotal = Hire Days × Rate

  • Used Capacity — Rate based on vessel space used:

    Total=HireDays×Rate×VesselBale30Total = \frac{Hire Days × Rate × Vessel Bale}{30}

When any of the three commissions (Address, Broker, or CVE) are used, corresponding entries are automatically added to the ‘Additional Expenses’ block.