1. Chartering 101. Flashcards

1
Q

Player’s in the chartering?

A

Shipowner

Charterer

Shipbroker

Freight Forwader

Ships Agent

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2
Q

Cost Components?

A

Capital Costs

Operating Costs

Periodic Costs

Voyage Costs

Cargo Handling Costs

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3
Q

Operating costs?

A
  1. Crew Costs
  2. Supplies (Stores, Lubricants and Spares)
  3. Repairs and Maintenance
  4. Insurance
  5. Management Fees
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4
Q

Voyage costs?

A
  1. Fuel Costs
  2. Canal Dues
  3. Towage and Pilotage
  4. Port Agency Fees
  5. Port Expenses
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5
Q

Chartering Process

A

Fixture Negotiation and Finalization

Charter Party negotiation and Finalization

Post Fixture operations

Financial settlement

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6
Q

PDAs

A

Pro Forma Disbursement accounts.

All expenses that are likely to be incurred.

Port Charges

Pilotage

Towage

Agent’s comission

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7
Q

FDAs

A

Final Disbursement accounts

account of Agent’s expenses in providing the services.

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8
Q

Stowage Factor?

A

The average cubic space occupied by one tonne weight of cargo as stowed aboard a ship.

UREA
Stowage factor (in m3/t)	1,17 - 1,56 m3/t (bulk)
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9
Q

Grain capacity?

Bale capacity?

A
  • Total hold for any bulk cargo

- Total hold for any bagged cargo

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