Chartering

Established as a

dry cargo desk in

2007

Introduction to Ship Chartering

At the heart of global trade, ship chartering serves a vital role accommodating the carriage of goods by sea and the transportation of bulk commodities across continents. Whether transporting raw materials such as coal and iron ore, crude or refined petroleum products like fuels and chemicals, chartering of ships remains the most economical, safe and environmentally friendly solution for transportation of large volumes across long distances by sea. Commodity producers, owners or traders as well as other types of cargo interests as well as shippers and other businesses charter vessels as means to satisfy their transportation needs.

At Allied Chartering, our team of dedicated chartering brokers connects commodity producers, traders, shippers and vessel charterers with suitable ships that are available or become available at the desired location during the timeframe required. Drawing from deep market understanding and strong industry connections with all world-leading counterparties, we ensure our shipowner clients deploy the desired chartering strategy while satisfying the transportation needs of the underlying shippers.

Ship chartering requires real-time intelligence relating to cargo and vessel availability at the ports of cover, representing proxies of demand and supply for transportation services, with the balance between the two setting the level of freight rates. Whether the requirement is for a single voyage, for consecutive voyage or period charters, our role is to offer a competitive vessel – cargo match, simplifying complexities, protecting your interests, and enhancing the commercial performance of the stakeholders we service.

Charter Types

Understanding the chartering landscape begins with a grasp of the principal chartering types. Each one serves different operational, commercial and financial goals.

Charterparty Agreements & Legal Framework

A charterparty agreement forms the legal foundation of every ship charter. It defines the rights and obligations of each party, whether in a voyage, period, or bareboat charter, and ensures transparency in the division of costs, risks, responsibilities and duties.

The Chartering Process & Stakeholders

Behind every successfully concluded charter lies a finely tuned process connecting cargo with vessels. It begins with a cargo request on the part of shipowners or a shipper’s cargo transportation need. The two are matched through market intelligence.

Dry Cargo vs Wet Cargo

Dry cargo chartering covers commodities transported in bulk over long distances across oceans. Key commodities are usually grouped into "major bulks" and "minor bulks". Major bulk commodities are iron ore used in steel making, thermal coal, and coking coal used in steel making, as well as grains including wheat, corn, and soybeans.

Freight Rates & Market Drivers

Freight rates represent charges due to shipowners for transporting cargo by sea, typically expressed in USD per ton of cargo in cases of voyage charters or per day for chartering a vessel over a period charter.

Regulatory & Compliance Landscape

Navigating today’s chartering landscape requires full alignment with a complex web of IMO regulations.

Operational Risk Management

Chartering vessels involves navigating a complex matrix of operational and financial risks. From port delays to cargo claims, the ability to foresee and mitigate exposure is vital.

Why Choose Allied Chartering

With thousands of chartering fixtures concluded globally, Allied Chartering stands as a leading partner for charterers and shipowners. Our team of experienced shipbrokers supported by our market analysts, and operations professionals bring forward pointed chartering opportunities across every major dry bulk and tanker chartering segment.

We offer more than just vessel-to-cargo matching, we source our expertise in enabling our clients to capture the positive market momentum whilst being alert of signs of adversarial developments. Our strength lies in combining deep market reach with a client-centric mindset.

At Allied Chartering we don’t just close deals.We build enduring partnerships.