Now in its eighth edition, this classic text is a first point of
reference for anyone looking to obtain an understanding of chartering
and shipbroking practice. It provides hands-on, commercially-focused
explanations of chartering business and invaluable advice on how the
shipping market operates across a broad range of topics. The authors
also deal expertly with the legal, financial, operational and managerial
aspects of chartering, offering numerous case studies which clearly link
theory to practice.
This new edition has been fully revised and updated to reflect the
current trends in chartering practice, legal developments and standard
forms of charterparties. New to this edition:
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Enriched with practical examples covering crucial aspects of
chartering and shipbroking business, such as voyage estimations,
freight conversions and tanker calculations.
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New material on day-to-day laytime principles, including "Laytime
Definitions for Charterparties 2013", associated commentary and
relevant examples.
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Shipping Marketing as a modern tool of improving chartering and
shipbroking business.
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Expanded coverage of the economic background of chartering, including
markets, vessels, cargoes, trades and fixtures.
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Freight rates for all vessel types from 1980 to 2015.
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Updated review of well-known standard charterparty documents
(including NYPE 2015), together with clauses and wordings commonly
applying to various charter types.
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Analytical glossary containing typical terms and abbreviations used in
chartering negotiations*.*
This book is an essential guide for practitioners in private practice
and in-house for shipowners and cargo houses, as well as those studying
shipbroking and chartering.