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Services  /  GROUP 08 OF 11

Vessel Chartering — Fixture & Post-Fixture Management

To find the most suitable vessel for the intended purpose on reasonable terms makes a broker a good team mate of chartering business.

Ethical approach towards the operators and charterers to provide business success in their respective requirements makes our service our success story.

Pre-fixture and post fixture services available along with intended business. Post your requirements for us to know your demand and it shall be served to meet the purpose.

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Dry bulk tonnage under way
Dry bulk tonnage under way
Loaded draft on a dry bulk fixture

LOADED DRAFT ON A DRY BULK FIXTURE

In detail

A fixture is a long-lived commercial position taken on incomplete information. The pre-fixture work — searching and screening the market, assessing whether a vessel genuinely suits the intended trade, and negotiating charter party terms that allocate risk sensibly — determines how much room there is to manage the relationship afterwards. Time charter, voyage charter and bareboat structures each distribute cost and control differently, and the wrong structure for the trade cannot be recovered through good operations.

Post-fixture is where most value is won or lost. We handle on-hire and off-hire condition surveys, bunker procurement and quantity survey, hire statement and freight reconciliation, laytime calculation and demurrage, off-hire and performance claims, and redelivery inspection and final settlement. Acting for owners or charterers, the approach is the same: document the position as it arises rather than reconstruct it under dispute.

WHAT THIS GROUP COVERS

Services in this group

  1. Vessel search, screening and suitability matching
  2. Charter party negotiation and drafting
  3. Time charter, voyage charter and bareboat fixtures
  4. On-hire and off-hire condition surveys
  5. Bunker procurement and quantity survey
  6. Hire statement and freight reconciliation
  7. Laytime calculation and demurrage management
  8. Off-hire and performance claim handling
  9. Owner's and charterer's representation
  10. Redelivery inspection and final settlement

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