LNG Heel Trades in Voyage P&L

19 votes

Our LNG Back Office would like to see the "heel trades" in the IMOS Voyage P&L. The heel trades are the delivery and redelivery LNG bunkers.

We discussed this with Veson support and the conclusion was that we should request it as a new feature to be voted on.

- The heel purchase / cost of LNG bunkers on delivery, should appear on the first TCOV voyage of a TC. $ amount = Delivery Quantity x Delivery Price.
- The heel sale / revenue from LNG bunkers on redelivery, should be on the last TCOV voyage of a TC. $ amount = Redelivery Quantity x Redelivery Price.
- Both of the above trades can appear in the P&L under Expenses, under either of the sub-sections. The redelivery revenue should be a negative number.
i. Bunkers > LNG Cost
ii. TCI Bunker Adjustment > TCI LNG Adjustment
- Heel trades should never be on a TCTO voyage.

Under consideration financials LNG Suggested by: Aldo Valerio (12 Aug, '20) • Upvoted: 19 Jun, '23 • Comments: 0