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Is the owner of a merchant vessel (commercial ship) and is involved in the shipping industry.

In some cases a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, called freight rate.

Is a financial service, which forms part of the global shipping industry. Are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.

Brokers are typically specialists in the chartering of Bulk carriers, and are engaged to act either for a shipowner looking for employment for a ship, or a charterer with a cargo to be shipped.

Specialize in the chartering of Tankers, which requires a different skillset, knowledge and contacts from Dry Cargo broking. T

Costs are related to _______________________ that has been employed for the purchase of the shipping asset (the ship).

Refer to the overall cost a shipowner incurs for the smooth operation of his vessel in the open seas, maintaining it at a seaworthy (well maintained condition) and meeting all necessary international and national requirements.

This cost component covers the periodic Technical inspection of the vessel in order for its Class (Classification Society) to issue a certificate confirming that it is in a well maintained, seaworthy condition.

These are related to ship undertaking to complete a specific voyage. Voyage Costs typically include: Fuel Cost, Canal Dues Towage and Pilotage, Port Agency fees

Periodic Maintenance involves every 2.5 years

Periodic Maintenance involves every 5 years

These are related to costs for the cargo loading and discharging operations at the respective loading and discharging ports.

Commercial shipping is the backbone of international trade, facilitating the movement of over 80% of the world's goods. It enables the exchange of raw materials, finished products, and energy resources.

The industry comprises various types of vessels, including container ships, bulk carriers, tankers, and specialized vessels. Each vessel type serves specific cargo needs.

Shipping routes span the world's oceans, connecting major ports and regions. Prominent routes include the Suez Canal, Panama Canal, and the transpacific and transatlantic routes.

The commercial shipping industry contributes significantly to the global economy, providing jobs, generating revenue, and impacting various sectors, from manufacturing to retail.

Is a chartering arrangement where a vessel is leased for a set period, typically several months or years. The charterer gains control of the ship and operates it, while the owner retains ownership.

Also known as a demise charter, is an arrangement where the charterer gains full control and possession of the vessel, essentially acting as the ship's owner. The shipowner relinquishes all responsibilities, and the charterer operates the vessel as if they own it.

Involve the lease or chartering of an entire cruise ship or a portion of it for a specific period, typically for special events or group travel.

Involve the rental of ferry vessels to transport passengers, vehicles, and cargo across bodies of water.

Play a significant role in global trade by providing flexible and customized solutions for transporting goods in standardized containers.

Are specialized maritime arrangements designed for handling oversized, heavy, or irregularly shaped cargo that cannot fit into standard containers.

Charters are vital for the energy industry, facilitating the transportation of crude oil from oil-producing regions to refineries and consumers.

Are essential for the transportation of refined oil products, such as gasoline, diesel, and chemicals, from refineries to distribution points and end-users.

Charters are specialized in transporting hazardous and chemical cargo safely.

Involve the leasing of Capesize vessels, which are among the largest dry bulk carriers globally, primarily used for transporting bulk commodities like iron ore and coal over long-haul routes.

Involve the use of Panamax vessels, which are versatile dry bulk carriers capable of accommodating a wide range of bulk cargoes.

Involve the use of Handysize vessels, which are smaller dry bulk carriers known for their versatility.

Charters are integral to offshore industries, including oil and gas exploration and production, offshore construction, and renewable energy projects.

Are pivotal for scientific exploration and marine studies, enabling researchers and institutions to conduct in-depth studies of marine ecosystems, oceanography, geology, and biodiversity.

Are indispensable for transporting oversized and heavy cargoes that exceed the capacity of standard cargo vessels.