Lecture 2: How Ship is fixed for a Voyage?

Play Video

Lecture 2: Ever wondered how is ship fixed for a voyage? How does the chartering process look like? How does the pre fixture negotiation happen between ship owners and charterer?

In this video we'll try to answer the following questions:
  • (1:26) What is the chartering process?
    • Fixture Negotiation and finalization, Charter party negotiation and finalization, Post Fixture operations, Financial settlement
  • (3:44) What is a charterer enquiry/quote?
  • (4:56) What is a position from shipowner?
  • (6:04) What are the rules in Negotiation?
    • (7:34) What are offers and counteroffer by principles?
    • (9:13) How negotiation takes place in pre fixtures?
    • (15:24) What is the content of a firm offer in a voyage charter?
    • (17:44) What is the content of a firm offer in a time charter?
    • (21:00) What are subject? How is a ship put on the subject?
    • (23:42) Summary

SUBSCRIBE on youtube so you never miss another video

Feel free to download the sample copy of the lecture slides

For the full version of the lecture slide to download

Translate »