Dry Cargo Chartering
Dry Cargo chartering market exists that concentrates on regional trades and shipments. Ship type , ship sizes and cargoes play vital role in chartering market.
There is no single dry Cargo chartering center since the chartering market is indeed international.
Dry Cargo chartering business is being done by Word of mouth, e-mails, telphone traffics and very rarely digital platforms.
Shipbrokers, owners , and charterers integrated between themselves, and Daily basis they share their open cargoes or open vessels.
Securing a fixture is merely part of a Shipbroker’s duty, after the fixture, the charterers’ broker has the duty of managing communications between the ship owners and charterers.
Basically, the charterer’s broker draws up the charter party and ship owner’s shipbroker checks the draft version of the Charterparty.
Shipbrokers broadcast information gives recommendations by issuing chartering market reports. Large shipbroker companies report the general market situation by issuing such reports and updates.