LECTURE 1

Lecture 1: What are the basics of ship chartering?

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Ever wondered What are the Basics of Ship Chartering? How does the whole commercial shipping industry operate?

Description
In this video we'll try to answer the following questions:
  • (1:27) Who are the players in chartering?
  • (1:40) Who is a shipowner?
  • (2:08) Who is a charter?
  • (2:43) Who is a shipbroker?
  • (3:24) What is Ship Broker Job description?
  • (5:08) What are the different types of brokers?
  • (5:48) What are different types of cargoes carried on ship?
  • (6:38) What are different general bulk carrier Sizes?
    • Handysize, Handymax, Supramax, Panamax, Post-Panamax, Capesize, VLOC
  • (7:58) What are the different Tanker Sizes?
    • General Purpose, Medium range, Long Range 1, Aframax, Long range2, VLCC, ULCC
  • (8:57) What are the different cost components in shipping?
    • (9:36) Capital Costs (Cost of Capital – CoC),
    • (9:47) Operating Expenses (OPEX),
    • (11:30) Periodic cost,
    • (12:25) Voyage cost,
    • (14:06) Cargo Handling cost
  • (15:03) What are the different type of chartering?
    • (15:25) Voyage Charter,
    • (17:02) Time Charter,
    • (18:19) Trip time Charter,
    • (19:05) Bareboat Charter,
    • (22:03) Consecutive voyages,
    • (22:39) Contract of Affreightment
  • (22:01) What are the different cost component between Voyage, Time and Bareboat charter?

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