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Chartering & Ship Sizes
Chartering, Charterers & Ship Sizes
Imperium Commodity Search works with trading houses and shipowners globally across a wealth of commodity products and classes. Chartering is critical to the smooth operational supply chain of global commodity trade.
What are Charterers?
Charterers are critical functions within commodity production, sales and trading businesses, ensuring product is moved where it needs to go upon sale. Managing the physical logistics and supply chain of the commodity world, charterers work either in-house with large ship owning commodity houses ensuring efficient utilisation of shipping & cargo capacity or work in trading houses that rely upon shipbrokers to source suitable shipping capacity and space to charter vessels to suit their needs. Many ship-owning commodity houses also utilise third party shipping companies and brokers to facilitate additional trading requirements when their own vessels are at sea/on voyage.
Charterers perform a number of duties for their respective employers:
Voyage Planning involves calculating the costs associated with shipping a particular product from port A to port B, and covers all aspects of port operations, costings and logistics. Voyage planning is critical to ensure shipping availability and cost efficiencies in the supply chain.
Insurance and Demurrage covers the insurance side of shipping products and plans for insurance claims in the event a voyage is late unloading, product is lost or product is damaged in transit/at discharge.
Vendor/Third Party management is critical in chartering, as there are numerous stakeholders involved in the shipping process. This includes the port at either end, insurance/demurrage firms, shipbrokers and operational staff.
Crewing is often the duty of the chartering department in ship-owning firms where efficient allocation of personnel is critical in ensuring a cost effective and efficient supply chain.
Documentation is required at every step of the shipping process, covering letters of credit, bills of lading, insurance/demurrage and discharge/port slips. Charterers work with internal operations and traffic teams to ensure documentation is timely, accurate and compliant for each voyage.
Chartering markets and entry:
Charterers operate in every area of commodities and are often specialised in their product or ship class to ensure a deep understanding of the requirements of the product being handled. Grain houses, oil majors, metal traders, miners and production businesses will all possess, or make use of chartering teams and departments to cover their specific market.
Charterers often come from a maritime heavy background and usually have maritime related degrees from specialist universities. Demand for charterers in the market is closely aligned with global commodity performance and trading sentiment. As demand increases and the commodity market enters a bullish period, the demand for charterers increases to accommodate.
Imperium Commodity Search – Specialist headhunters and executive search to the shipping and chartering space
Imperium Commodity Search work with a variety of shipping market participants, including shipbrokers, ship-owners, trading houses and shipping businesses. Our consultants have placed charterers in each key commodity asset class (Energy, Metals, Agri) and work with charterers in all major ports/trading destinations.
To view our current shipping, operations and chartering vacancies click here or contact one of our consultants to discuss current careers / jobs in shipping and chartering to discuss your needs in more detail.
To arrange a consultation with a recruitment consultant to discuss your hiring needs / growth plans and where we can assist click here or contact one of our consultants directly here for a confidential discussion.
Jobs in Shipping & Chartering
- Traffic Operations
- Port Manager
- Senior Crewing
- Contracts Administrator
- Charter Broker
- C-level/Executive Shipping
These are just a few examples of shipping positions we recruit for. Other positions are available.
To see our latest chartering jobs and vacancies, please click here
We are here to help. Speak to one of our experienced shipping recruitment consultants now on +44 (0) 203 927 5090
Send us a message online and we will come back to you.