Our Commercial Department constantly analyses and evaluates the Dry Bulk Market as well as Financial Markets fundamentals and emerging opportunities in a rapidly changing environment, allowing us to offer real-time advice to our clients. More specifically we conduct continuous research of the freight, second hand, new-building, and scrapping market, as well as commodities and global markets.
At the same time, our executive management team keeps close relationships with all the major shipbroking houses, charterers, commodity traders, operators, trading houses and financial institutions for a constant information flow. We offer high quality chartering services, identifying business opportunities and profitable management of projects and contracts, from inception to completion, monitoring the market, negotiating, and finalizing charter agreements for the vessels under management.
Always taking into consideration the charter party terms agreed, the operation department endeavours to achieve the smooth execution of voyage at the optimum cost and in an efficient manner by issuing instructions and guidelines to the Masters, appointing agents at ports where it is required, monitoring the overall performance of the vessel and taking precautional measures such as appointing competent cargo surveyor to minimize potential underside situation that may cause friction between the parties involved
With a high-quality level of operations, we have been able to offer flexible, reliable, and safe transportation services, developing long-standing relationships with our customers
Commercial management services include:
- Spot market fixture
- Time charter period fixture with major shipping charterers and Operators.
- COA evaluations and spot voyage freight analysis
- Daily monitoring of FFA’s activities
- Voyage planning, execution, and monitoring
- Agency appointment and disbursement handling
- Speed and performance monitoring
- Voyage results, reporting and analysis
- S&P activities (including vessel valuations)