Chartering

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Maritime transport is a logistics option that allows high-tonnage goods to be transported quickly from one point to another. Sea transportation, which makes a great contribution to the development of global trade, maintains its importance in international transportation. Cargo ships with large load carrying capacities transport goods with different characteristics to every point of the world. Different products, especially grain, dry cargo and oil, are conveyed to different parts of the world by sea. Company owners who want to deliver their products to different parts of the world prefer the chartering option, which is frequently used in maritime transportation.

What is Chartering?

The term chartering, which is frequently used in maritime logistics, briefly means chartering a ship. Companies that do not own ships can charter their ships from the owner, making it possible to transport their cargo from one point to another. This transportation activity, which is made as a result of bilateral agreements, is frequently preferred for the transportation of many goods. As a result of the agreement between the ship owner and the owner of the product to be transported, the chartering process is completed.

The charter agreement between the parties complies with international law. Each country’s own commercial code must include a section on ship charters. In addition, there are sections about chartering ships in international laws. In general, there are two different types of chartering.

Voyage charter gives the right to use the charted ship on a certain voyage. Here, the cargo owner delivers his goods to the shipowner. In this agreement, the name of the ship, the type and quantitiy of the goods must be recorded. In addition, the route information is added to the agreement. The ship owner undertakes to deliver the received goods on time. In addition, the costs of unloading and loading the cargo on the ship are borne by the ship owner.

Time charter is generally preferred by those who import and export. In other words, the ship is chartered for a certain period of time, and the charterer holds the management of the chip. The charterer chooses the route to which the ship will go, and the expenses of the ship and its personnel belong to the charterer. These expenses are made on a daily, monthly and annual basis depending on the contract.

Although it is not used as much as time and voyage among the charter types, the bareboat charter type is also preferred by some users. In bareboat charter, the ship is rented empty. The crew and the captain are fully owned by the charterer. In addition, all expenses of the ship belong to the charterer.

What is Brokering in Chartering?

Chartering, which is a vital part of maritime transport, often brings ship and cargo owners together. However, cargo owners want to ensure that their cargo reaches the desired destination in the shortest and most economical way. Therefore, they need to find the most suitable ship for them.

 

Ship brokerage, in short, is the intermediary that brings the ship owner and the cargo carrier together. It ensures that the suitable ship is found for the cargo owner, and then provides the agreement between the ship and the cargo owners. It also informs ships and cargo owners in international transportation activities. It provides the necessary equipment support to the ship. If there is a special property, the broker discusses it with the ship owner and takes the necessary measures.

 

Brokers, who have extensive information about cargo ship charter prices, inform the cargo owner about which ship has how much tonnage and how many nautical miles it can in a day. In addition, it informs the cargo owners about the correct routes with its extensive connections.

You can also benefit from Yuki’s extensive experience to have more detailed information about ship container rental prices.