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 or readiness:|
|Redelivery:||When, Where (For example DOP, Kobe, Japan)|
|Duration:||Specify how long|
|Delivery:||When, Where (For example, DOP, Houston, TX, USA)|
|Trading Area:||Specify region where you intend to trade vessel (eg. worldwide)|
|Intended Trade:||eg. grain, fertilizer, sulfur, etc.|
|Hire Rate:||eg. USD 25,000 pdpr. Also must specify where, when and how paid.|
|Ballast Bonus:||eg. nett/gross|
|Bunkers:||Price and amount, both ends|
Maintaining a set of templates with option subjects, checklists, etc is of course prudent.
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