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Chartering

Starting from voyage chartering, then extending to Contracts of Affreightment and finishing with time chartering. We carry all kinds of dry cargoes such as generals, bulk, timber, projects, as well as liquids. This means you won’t experience any cargo constraints.

CF&S Estonia AS’s robust capabilities allow us to meet all your shipping needs.

Chartering is an agreement in which a ship owner agrees to rent out a ship to a cargo owner to move the cargo from one port to another or for a period of time. It is a complex task that involves a knowledge of the freight market, the types of ships used, shipping law, and specific shipping language.

Our chartering desk will do all the work for you and make sure that you gain the most competitive freight rate and the most from the terms of a chartering agreement. Our shipbrokers have immediate access to the freight market enabling you to rapidly fulfill your transport requirements.

We provide all sorts of vessel chartering services. Starting from voyage chartering, then extending to Contracts of Affreightment and finishing with time chartering. We carry all kinds of dry cargoes such as generals, bulk, timber, projects, as well as liquids. This means you won’t experience any cargo constraints. CF&S Estonia AS’s robust capabilities allow us to meet all your shipping needs.

Our expertise falls into a size range between 1,000-100,000 tons of cargo. Close contacts with numerous ship owners allow us to cover your shipping needs all across Europe (including the Caspian Sea and rivers) and worldwide.

Moreover, CF&S Estonia AS’s shipbrokers will provide you with a seamless experience. Our employees have years of experience in their field. They are passionate and dedicated to serving you and making the most of your time at CF&S Estonia AS.

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Contact

Andrei Konkov
shipbroker
FICS
Andrei Konkov
Daimar Truija
sales director
Daimar Truija

What is the procedure for getting started with chartering?

It begins when a cargo owner contacts a shipbroker and sends a freight enquiry that includes cargo name and quantity, ports of loading and discharge, shipping dates, cargo loading/discharging speed. This is then followed by the shipbroker’s search in the freight market with a request to find a vessel that can fulfil the need according to the cargo’s nature.

What do you mean by Charter Party Document?

It is a shipping contract between the shipowner and the charterer. It is made to let a cargo owner use a ship for transporting cargo.

How many types of Charter Parties are there?

CF&S Estonia AS provides its services for all kinds of voyage and time-charter parties.

What do you mean by ‘Laytime’ in chartering?

Laytime refers to the amount of time allowed for cargo loading and discharging. The Charter Party in force specifies this time given in hours, tons per day, etc.

What does ‘Laycan’ mean in terms of chartering?

“Laycan is an abbreviation for Lay-days and Cancelling Date”.  It is the “period during which the shipowner must tender notice of readiness to the charterer that the ship has arrived at the port of loading and is ready to load”.

What do you mean by a Disponent Owner?

Any person or firm that takes complete control of a vessel over from a legal, legitimate shipowner.

How are freight rates calculated?

The freight rates vary on a voyage-to-voyage basis. Each voyage or Time Charter is calculated separately.

What is the role of a Charter Party Bill of Lading?

This Bill of Lading has 3 functions: a receipt for the goods shipped on board a vessel; a document of title to the goods; evidence of a shipping contract – Charter Party.

What does the term ‘Reversible Laytime’ mean?

It refers to a system that calculates the cargo’s loading and unloading times together.

What are the causes of demurrage?

Most of the reasons for demurrage pertain to the shipper/receiver or port. Demurrage goes into effect if there has been a failure to load/discharge the ship within the agreed time.

How you can make a payment on a voyage charter?

There are several ways to make payment: either on a per-ton basis or on a lumpsum basis. Per-ton basis requires the cargo owner to pay for every ton of freight loaded.  When transporting heavy-weight cargo, payment via lumpsum basis applies.

What differentiates time charter parties from voyage charter parties?

Under time charter parties, the shipowner assumes the responsibility of a ship’s technical operations. The charterer, meanwhile, takes control over the commercial aspects. Under a voyage charter, the shipowner assumes both the technical and the commercial operations.

When should the freight be paid?

Usually, the freight is paid before vessel’s arrival at the port of discharge. However, you may negotiate different payment options.

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