Ship Chartering Company
We are an independent ship chartering company. We find the ship, negotiate the freight, and stay with you from inquiry to settlement. Get a quote.
Bulkargo is a ship chartering company. We find ships for your cargo, negotiate the freight, and manage the deal from your first inquiry to final settlement. We work with dry bulk ships of every size, from mini-bulker to Capesize. We stay with you after the charter party is signed.
What a ship chartering company does for you
A ship chartering company sits between you, the cargo owner, and the ship owner. We find ships that fit, negotiate the freight or hire, and draft and review the charter party. We then stay with you through demurrage settlement after the voyage. One broker handles your deal from inquiry to close. Nobody hands you over to a separate operations team halfway through.
We are an independent broker. Bulkargo does not own ships, so every ship we show you is chosen to fit your cargo.
How we work with you
The steps below are the same for a single spot voyage and a long-term contract. The early steps take longer for a new cargo on an unfamiliar route. A repeat programme on a familiar route moves through the market search and the negotiation faster. The charter party we draft depends on the trade. Our Charter Party page lists the standard forms we use. Our Ship Chartering Process page sets out the full sequence, with worked timing for each step.
- 01
Your inquiry
20 to 30 minWe turn your cargo and timeline into an inquiry the market can answer. We check which ship size fits, any port restrictions, and the laycan window. Standard KYC and sanctions checks run on both sides before the fixture.
- You provide
- Cargo type and tonnage, load and discharge ports, laycan window
- We handle
- Stowage and handling review, ship size fit, KYC and sanctions checks
- 02
Market search
24 to 72 hrsWe ask our network of owners and operators for ships that fit the cargo and laycan. That includes ships sailing empty toward the region (ballasters) and ships finishing nearby jobs.
- We handle
- Canvass of owners and operators, ship shortlist
- 03
Comparing offers and negotiating
24 to 48 hrsYou get a shortlist with indicative prices and our recommendation. We then negotiate the full terms: freight or hire, laytime, demurrage, dispatch, laycan, and the charter party form.
- We handle
- Comparison with recent fixtures, negotiation of full terms
- 04
Fixture and charter party
24 to 72 hrsWe exchange a recap first. It becomes binding once the subjects are lifted, meaning both sides have cleared their open conditions. We then draw up the formal charter party on the right form and review it clause by clause before you sign.
- We handle
- Recap, charter party review, arranging signatures
- 05
Before loading
This step covers ship nomination, tendering notice of readiness, and appointing a port agent at the load port. It also covers the hold cleanliness inspection and the pre-loading surveys.
- We handle
- We liaise with the master, the owner, and the port agents
- 06
Voyage and settlement
The ship loads, the bill of lading is issued, and the ship sails. After discharge we review the statement of facts, calculate laytime and demurrage, and settle the account. We also support any dispute with the P&I clubs and lawyers where needed.
- We handle
- Voyage monitoring, settlement, dispute support
What it costs
You pay for a voyage charter by the tonne of cargo, and for a time charter by the day. The price depends on the route, the cargo, the size of the ship, and whether the market is going up or down.
To give you a sense of scale in a normal market: a Capesize voyage costs a few dollars a tonne on a short run, and USD 25 a tonne or more to carry iron ore from Brazil to China. A Panamax on time charter usually costs between USD 12,000 and USD 30,000 a day. Handysize and Supramax ships cost less than that, and a Capesize can cost a lot more when the market is busy.
Our Freight Rate page explains how we check freight and hire against the market on a live inquiry.
What we need from you to start
Send what you have. We can work with partial information. Each item below shapes the ship shortlist, the price, or both.
- Cargo type and rough tonnage. This tells us the ship size and any hold cleanliness or handling needs.
- Load and discharge port or region. This sets the draft and air draft limits, the loading rate, and which berths are available.
- Preferred laycan. A window of 7 to 14 days is normal. A wider window lets us include ships sailing empty toward you (ballasters), which usually gets you a better price.
- Special requirements. Hold cleanliness, loading or discharge gear, draft limits, or a maximum ship age.
- Charter type you prefer. You can also write “advise” and we will recommend one.
- Budget. This is optional, but it gives us a reference point.
For a recurring programme, also send your annual or seasonal volume forecast, the port pairs, and any existing contract of affreightment terms. A broker replies within one business day.
Charter types we handle
Our vessel chartering services cover four charter types. The right one depends on how predictable your cargo is, how much freight price swing you can accept, and how much control you want over the ship.
Voyage Charter
You pay the owner a freight rate per tonne, and the owner carries the operating risk. This is the usual choice for a single cargo on a set laycan.
Read moreTime Charter
You pay hire per day and decide where the ship goes. This suits a rolling shipping programme where you want flexibility on routing and intake.
Read moreContract of Affreightment
You ship a set volume over a period at an agreed cost per tonne. This suits shippers with annual or seasonal lifting commitments.
Read moreConsecutive Voyages
The same ship runs the same route again and again, so the owner spreads the cost of the empty legs across several voyages. This suits a fixed loop between the same ports.
Read moreShip sizes and cargoes we handle
Our ship chartering services cover every size of dry bulk ship, from mini-bulker to VLOC. We choose the ship before we talk price. We match its DWT and cubic capacity to your cargo. We also check its age and class, its last cargo, where it is now, whether it has its own cranes (geared or gearless), and any trading restrictions. Then we present options.
| Vessel Class | DWT Range |
|---|---|
| Mini-bulker | ~3,000 to 10,000 DWT |
| Handysize | ~25,000 to 40,000 DWT |
| Handymax | ~45,000 to 55,000 DWT |
| Supramax / Ultramax | ~58,000 to 63,000 DWT |
| Panamax / Kamsarmax | ~75,000 to 82,000 DWT |
| Capesize | ~180,000 DWT |
| VLOC | 320,000+ DWT, for iron ore programmes through long-haul owner relationships |
We charter ships for major bulks such as iron ore, coal, and grain. We also handle minor bulks such as cement, fertilizer, sugar, and salt. Industrial cargo includes steel, scrap, and aggregates. Specialty cargo includes bauxite, alumina, pet coke, wood pellets, manganese, chromite, and sulphur. Since 2022 our desk has fixed cement, quicklime, bitumen, and mining ores and earths. A separate desk handles project cargo and machinery.
Why work with an independent chartering company
We are an independent broker. We do not own ships, and we are not the in-house broking arm of a fleet. Some chartering companies sit inside a ship owner’s business. The ships they offer you first are the ones that keep their own fleet busy.
We handle the full job. The same broker stays with your deal from inquiry through the paperwork and demurrage after the voyage.
Our desk works seven days a week. Freight markets do not stop for weekends. Short-notice deals, distressed cargoes, open ship windows, and weather disruption often come up outside business hours.
Frequently asked questions
How long does it take to charter a ship through a chartering company?
How much does a ship chartering company cost?
Do I need a chartering company, or can I go straight to ship owners?
What is the smallest cargo a chartering company will handle?
What documents does the chartering company handle?
Can the same chartering company run an ongoing programme?
Related references
Charter types
How chartering works
Service hub
Ready to fix?
Tell us about your cargo. A broker will respond within one business day with an initial market read and next steps.
Cargoes we have fixed since 2022
- Cement
- Quicklime
- Bitumen
- Project cargo
- Machinery
- Mining ores and earths