Chartering
The Right Vessel, Not Just an Available Vessel
A vessel may be available and competitively priced, yet still be the wrong choice for the cargo.
We consider factors such as vessel type and size, draft restrictions, loading and discharging capabilities, port limitations, cargo characteristics, laycan requirements, voyage duration and operational reliability before recommending a solution.
For dry bulk and mineral cargoes in particular, these details can have a direct impact on both operational performance and final profitability.
Commercial Negotiation With Operational Insight
Freight is only one part of a chartering negotiation.
Laytime, demurrage, despatch, loading and discharging terms, NOR conditions, weather provisions, port restrictions and responsibilities under the charter party can all materially change the final cost of a voyage.
Our experience allows us to assess these terms not only from a contractual perspective, but also from an operational one.
We negotiate with the objective of achieving a balanced fixture that protects the client against avoidable cost and operational exposure.
Access to the Right Market
Veritas does not operate as a traditional shipbroking house.
Instead, we work with trusted and experienced brokers, owners and maritime counterparties selected according to the requirements of each cargo and trade lane.
This allows us to approach the market flexibly and independently.
Our clients benefit from our chartering experience, market relationships and ability to identify the most appropriate counterparties for each transaction without being tied to a single brokerage structure.
Particular Experience in Dry Bulk and Mineral Cargoes
Our mineral trading activities have given us practical chartering experience in dry bulk movements, including regular CFR shipments where ocean freight forms an integral part of the commercial transaction.
In such trades, the difference between an average fixture and a well-negotiated fixture can directly affect the margin of the sale.
For this reason, we pay particular attention to freight negotiations, vessel suitability and charter-party conditions.
Senior-Level Involvement
Chartering is one of the areas where Veritas remains directly involved at senior level.
From the first market enquiry through fixture negotiations and final confirmation, our clients have access to experienced decision-makers who understand both the shipping market and the commercial transaction behind the cargo.
Our objective is simple:
to secure the most suitable vessel on the most appropriate terms, while keeping the client fully informed throughout the process.