Calculating Charter Rates
Ship Chartering Services |
Charter rates for general cargo ship are not fix for certain route or destination and most of the shipper, charterers or exporters develop the freight idea from past performed shipments or from backdated shipping online posts which states the regular updates of charter rates for general cargo ship. Sometimes the information collected is near to the correct point and charterer is easily to get the cargo ship, but in most cases, the information puts the chartering party into trouble as they have quoted to their client on lower side, in such situation, to make the shipment possible they have to find the best option to ship their cargo overseas with help of online brokers at lowest charter rates matching their laycan.
The charterers are left with no option and the only choice remains is to wait for the best option or club up their cargo with other shipment for same destination port. Some charterers are able to manage such situation. On other hand, if charter already have received the payment instrument and finalized the shipping laycan with their client, they face the biggest pressure, either the shipments fails or they have to manage the shipment in loss to maintain business relation.
Proper calculation of charter rates for general cargo ship can help the charterers, exporters / shipper to get the general cargo ship on dates matching laycan. The charter rates for general cargo ship also may depend upon shipping company, available cargo at destination, relation of charterer / shipper /exporter with shipping company or ship broker, loading/ discharge of cargo, port, etc.
The ship broker will always show their interest in ready cargo which is firm and prompt to be shipped. With firm ready cargo shipping company as well as ship broker can plan the next cargo at destination port without holding general cargo ship at single port. In case the ship is hold at certain port that will be a loss to ship owner, Management Company and operators. Firm and ready cargo at port is their first choice. Due to these reason some charterers are not able to get proper information on charter rates for shipment planning and they have to rely on backdated information or rough calculation of their own. Always the charter should check the charter rates for general cargo ships with experienced ship brokers, shipping company or ship operators.