function newTimeControlPanel() {

    let thisObject = {
        container: undefined,
        setDatetime: setDatetime, 
        datetimeDisplay: undefined,
        stepDisplay: undefined,
        draw: draw,
        getContainer: getContainer,     // returns the inner most container that holds the point received by parameter.
        initialize: initialize
    };

    let container = newContainer();
    container.initialize();
    container.isDraggeable = true;
    thisObject.container = container;
    thisObject.container.frame.containerName = "Current Datetime";

    let timePeriod;

    return thisObject;     

    function initialize() {

        thisObject.container.frame.width = UI_PANEL.WIDTH.SMALL;
        thisObject.container.frame.height = UI_PANEL.HEIGHT.SMALL;

        let position = {
            x: (viewPort.visibleArea.topRight.x - viewPort.visibleArea.topLeft.x) / 2 - thisObject.container.frame.width / 2,
            y: viewPort.visibleArea.bottomLeft.y - thisObject.container.frame.height
        };

        thisObject.container.frame.position = position;

        let buttonPosition;

        let buttonNames = ['Fast Backwards', 'Play Backwards', 'Step Backwards', 'Pause', 'Step Forward', 'Play Forward', 'Fast Forward'];
        let lastX = 0;

        let datetime = INITIAL_DATE;

        let datetimeDisplay = {
            currentDatetime: datetime,
            addTime: addTime,
            draw: drawTimeDisplay
        };

        thisObject.datetimeDisplay = datetimeDisplay;

        /* Here we will listen to the event when time was changed due to a Bot Execution. */

        canvas.topSpace.playStopButton.container.eventHandler.listenToEvent("Bot Execution Changed Datetime", onBotChangedTime);
        canvas.topSpace.playStopButton.setDatetime(datetime);

        viewPort.eventHandler.listenToEvent("Zoom Changed", onZoomChanged);
        timePeriod = INITIAL_TIME_PERIOD;
    }

    function onBotChangedTime(pNewDatetime) {

        let newDatetime = new Date(pNewDatetime);

        thisObject.container.eventHandler.raiseEvent("Datetime Changed", newDatetime);

    }

    function onZoomChanged(event) {

        timePeriod = recalculatePeriod(event.newLevel);

    }

    function getContainer(point) {

        let container;

        /* First we check if thisObject point is inside thisObject space. */

        if (thisObject.container.frame.isThisPointHere(point, true) === true) {

            /* The point does not belong to any inner container, so we return the current container. */

            return thisObject.container;

        } else {

            /* This point does not belong to thisObject space. */

            return undefined;
        }

    }

    function setDatetime(pDatetime) {

        thisObject.datetimeDisplay.currentDatetime = new Date(pDatetime);
        canvas.topSpace.playStopButton.setDatetime(pDatetime);
    }

    function addTime(seconds) {

        let newDate = thisObject.datetimeDisplay.currentDatetime;

        newDate.setSeconds(newDate.getSeconds() + seconds);
        thisObject.datetimeDisplay.currentDatetime = newDate;

    }

    function draw() {

        thisObject.container.frame.draw(false, false, true);

        thisObject.datetimeDisplay.draw();

    }

    function drawTimeDisplay() {

        let fontSize = 10;

        let label = thisObject.datetimeDisplay.currentDatetime.toUTCString();
        let labelArray = label.split(" ");

        label = labelArray[0] + " " + labelArray[1] + " " + labelArray[2] + " " + labelArray[3];

        /* Now we transform x on the actual coordinate on the canvas. */

        let labelPoint = {
            x: thisObject.container.frame.width / 2 - label.length / 2 * fontSize * FONT_ASPECT_RATIO,
            y: thisObject.container.frame.height * 4.4 / 10
        };

        labelPoint = thisObject.container.frame.frameThisPoint(labelPoint);

        browserCanvasContext.font = fontSize + 'px ' + UI_FONT.SECONDARY;
        browserCanvasContext.fillStyle = 'rgba(60, 60, 60, 0.50)';
        browserCanvasContext.fillText(label, labelPoint.x, labelPoint.y);

        /* The time */

        label = labelArray[4] + " " + labelArray[5];

        /* Now we transform x on the actual coordinate on the canvas. */

        labelPoint = {
            x: thisObject.container.frame.width / 2 - label.length / 2 * fontSize * FONT_ASPECT_RATIO,
            y: thisObject.container.frame.height * 6.5 / 10
        };

        labelPoint = thisObject.container.frame.frameThisPoint(labelPoint);

        browserCanvasContext.font = fontSize + 'px ' + UI_FONT.SECONDARY;
        browserCanvasContext.fillStyle = 'rgba(60, 60, 60, 0.50)';
        browserCanvasContext.fillText(label, labelPoint.x, labelPoint.y);

        if (timePeriod > _45_MINUTES_IN_MILISECONDS) {
            label = timePeriod / _1_HOUR_IN_MILISECONDS + ' hs';
        } else {
            label = timePeriod / _1_MINUTE_IN_MILISECONDS + ' min';
        }

        /* Now we transform x on the actual coordinate on the canvas. */

        labelPoint = {
            x: thisObject.container.frame.width / 2 - label.length / 2 * fontSize * FONT_ASPECT_RATIO,
            y: thisObject.container.frame.height * 8.5 / 10
        };

        labelPoint = thisObject.container.frame.frameThisPoint(labelPoint);

        browserCanvasContext.font = fontSize + 'px ' + UI_FONT.SECONDARY;
        browserCanvasContext.fillStyle = 'rgba(60, 60, 60, 0.50)';
        browserCanvasContext.fillText(label, labelPoint.x, labelPoint.y);

    }
}