In addition to CF&S Estonia AS’s other range of services, we bring ship chartering to you. Chartering is an agreement in which a shipowner 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 which involves a knowledge of freight market, types of ships used, shipping law and specific shipping language. But do not worry, we have a solution to this. Our chartering desk shall do all the work for you as they have an 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 and projects. 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 services
Our expertise falls into size range between 1000-100.000 tons of cargo. Close contacts with numerous Shipowners allow us cover your shipping needs all across Europe (including Caspian Sea and rivers) and worldwide.
CF&S Estonia AS’s shipbrokers will provide you with a seamless experience. Our employees have years of experience in their field.
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.
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.
CF&S Estonia AS provides its services for all kinds of voyage and time-charter parties.
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.
“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”.
Any person or firm that takes complete control of a vessel over from a legal, legitimate shipowner.
The freight rates vary on a voyage-to-voyage basis. Each voyage or Time Charter is calculated separately.
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.
It refers to a system that calculates the cargo’s loading and unloading times together.
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.
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.
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.
Usually, the freight is paid before vessel’s arrival at the port of discharge. However, you may negotiate different payment options.
