To improve transparency and auditability in settlements, we’ve added a dedicated field to document why a settled amount differs from the original claim value. Select from predefined reasons to ensure consistency across transactions.

Available Discrepancy Reasons:

  • Contract Terms

  • Trader/Charterer Concession

  • Demurrage Concession

  • Limited Liability

  • Calculation Error

  • Missed Laycan or Window

  • Time Bar