# Duration and Rates

In the **Durations and Rates** tab you will see 2 **Sections;**

* &#x20;**Durations,** includes create-button and a list of the durations on the Time Charter Contract (TC)
* &#x20;**Duration and Rates,** includes a list of the **Rates** along with the connected **Duration** on the TC

<figure><img src="https://content.gitbook.com/content/3UIWnAZbr912u8oC0K5A/blobs/MmTBJ0uubpmREdhQpxdG/Screenshot%202025-06-20%20113207.png" alt=""><figcaption><p>Duration and Rates tab on TC Drawer</p></figcaption></figure>

In the **Durations** Section you [create new durations](https://docs.dataloy.com/release-8.19/voyage-management-system/step-by-step-guides/chartering/time-charter-contracts/maintain-time-charter-contracts/create-and-edit-duration-and-rates#create-a-duration) by clicking the ![](https://content.gitbook.com/content/3UIWnAZbr912u8oC0K5A/blobs/HIYEiW7PZC7vSpaEVWb8/image.png)-icon in the top right of the section.

By clicking on the row items under the **Durations** section, you can [edit existing durations](https://docs.dataloy.com/release-8.19/voyage-management-system/step-by-step-guides/chartering/time-charter-contracts/maintain-time-charter-contracts/create-and-edit-duration-and-rates#edit-a-duration).&#x20;

You can delete the durations by selecting the ones you want to delete, and then the Delete icon.&#x20;
