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Independent Broker · Inquiry to Settlement

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.

Two people at a ship chartering company shaking hands over a desk with charter party documents and a pen

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.

  1. 01

    Your inquiry

    20 to 30 min

    We 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
  2. 02

    Market search

    24 to 72 hrs

    We 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
  3. 03

    Comparing offers and negotiating

    24 to 48 hrs

    You 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
  4. 04

    Fixture and charter party

    24 to 72 hrs

    We 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
  5. 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
  6. 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.

Ship 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 ClassDWT 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?
A routine dry cargo voyage charter takes three to seven business days from your inquiry to a signed fixture. Tanker fixtures move faster, usually in 24 to 48 hours, because their contract forms are more standard. Project cargo, heavy lift, and specialist chemical or gas cargoes need four to eight weeks of lead time, because fewer ships can carry them.
How much does a ship chartering company cost?
Using a chartering company costs you nothing directly. The ship owner pays the commission out of the freight. You pay for a voyage charter by the tonne and for a time charter by the day. The price depends on the route, the cargo, the size of the ship, and the state of the market.
Do I need a chartering company, or can I go straight to ship owners?
You can go to owners direct. Most cargo owners use a chartering company for three things that are hard to build in-house. The first is a network of owners and operators who return your calls when the laycan is tight. The second is a comparison with recent fixtures for similar cargo. The third is someone who stays with the deal through demurrage settlement and any dispute.
What is the smallest cargo a chartering company will handle?
You can charter a mini-bulker from around 3,000 MT. Handysize ships start around 25,000 MT, Supramax and Ultramax from 50,000 MT, Panamax from 65,000 to 80,000 MT, and Capesize from 150,000 to 180,000 MT and above. For less than 3,000 MT, the practical option is a part cargo on a multipurpose ship. For liquids, it is a slot on a parcel or chemical tanker.
What documents does the chartering company handle?
We coordinate the drafting and review of the charter party and the wording of the fixture recap. We also handle bill of lading instructions, the statement of facts review, the certificate of origin, and phytosanitary or quality certificates. We cover dangerous goods declarations for IMDG cargo, and sanctions and compliance attestations. To start, you only need to send the cargo specification, the ports, and the laycan.
Can the same chartering company run an ongoing programme?
Yes. We can set up recurring cargo as a contract of affreightment or a rolling time charter. Both fix the freight and the capacity, so you are not exposed to the spot market on each shipment.
Get a Quote

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