Daily Archives: June 16, 2017

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Voyage Estimating – A Simplified Example

This article attempts to provide you with the basics of voyage estimation based on a full and complete cargo loading from one port and discharging at one port. ¬†All aspects of the voyage calculation and supplementary information have all been simplified. You are an Owner. You have received an inquiry from a potential Charterer from Houston, TX, USA to Moji, Japan for the carriage of Read More →

Main details of a firm offer – Time Charter

There are of course many things to consider when making a firm offer for time chartering business. Here is a list of what we consider to be the main ingredients of “main terms”: Reply by: Time, Date, Place (this is a time limit) For Account Of: Name of Charterer Name of Ship & Description: Important to add speed and bunker consumption Present Position and ETA Read More →

Main details of a firm offer – Voyage Business

There are of course many things to consider when making a firm offer for voyage business. Here is a list of what we consider to be the main ingredients: Reply by: Time, Date, Place For Account Of: Name of Charterers. Name of Ship & Description: Present Position and ETA or readiness: Cargo Quantity and Description: eg. 5% More or Less (MOL) Charterer’s Options (CHOPT) Load Read More →