Download the Pacoship Installation file from the Pacomarine.com website (FREE TRIAL or BUY PACOSHIP). If your web browser is set to allow you to choose a particular directory, you may choose Desktop. If not you will find the downloaded installation file in the file directory Downloads.
Click on the icon for the installation file and follow the instructions as the file opens and the application Pacoship is installed. Click on the Pacoship icon (on your desktop or in your Start Menu), if the Pacoship Application does not open automatically immediately after installation:
The Pacoship program will open.
When the program first opens, you will be asked to input a license key to activate the program. The license key has been sent to the e-mail address you gave to download the program. Once you have activated the Pacoship application with your license key, you are ready to start using Pacoship.
Pacoship opens in Excel with the customs tab PACOSHIP and the custom Ribbon as seen below:
The Pacoship Ribbon:
The Pacoship Ribbon Menu has seven main sections: Project, Input, Dashboard, Cashflow, Reports, Help and Exit. By clicking a button (icon) in any of the sections, relevant action is triggered. You may click the buttons in any order, but a good workflow can be to move from left to right. Have a look at the video Quick Tour or attend one of the webinars for more information on workflows and good practice. See KNOWLEDGE on the Pacomarine.com website for information on upcoming webinars
The INPUT section is divided into five sub-sections: Project, Ship, Employment, Opex and Financing. To go to any of these five sub-sections click on the button with the corresponding name on the sub-menu bar on the INPUT top menu.
To open a saved project or start a new project go to the Project section. When starting a new project select one of the two project types: Newbuilding or Secondhand Purchase. *)
*) More project types such as charter with purchase options and scrapping deals will be added as the Pacoship program is further developed and upgraded.
The DASHBOARD section is divided into five sub-sections:
Summary, Key Figures, Charts, Project Sensitivity and Equity Sensitivity. To go to any of these five sub-sections click on the icon(button) with the name of the sub-section on the Ribbon bar on the Pacoship Excel Ribbon Tab menu.
It shows information about Ship, the Project type and duration of the project (Start Month and End Month). Residual Value (Ship Sale Price), Capital structure and Net Present Value (NPV) of Project Cash Flow and Cash Flow. This is where you specify required return on Equity and by the click of a button calculate the Internal Rate of Return (IRR) of Cash Flow to Equity.
Typography is the art and technique of arranging type to make written language legible, readable and appealing when displayed. The arrangement of type involves selecting typefaces, point size, line length, line-spacing (leading), letter-spacing (tracking), and adjusting the space within letters pairs (kerning).
Displays month by month key figures selected from a drop down menu. This includes:
Cash Balances, Cash Flow, Financial Ratios and Break Even Rates for Debt Service (with and without provisions for Drydocking/Special Survey).