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Ocean Freight and Chartering for Bulk and Container Cargo

Freight is a major cost item, and the choice of vessel, loading terms and charter conditions directly affects the delivered price. FUSHKOV GCG arranges ocean freight for the cargoes it trades, shipping in bulk carriers or containers depending on volume, route and port conditions.

Service
Ocean freight, chartering
Commodities
Grains, oils, feed, fertilisers
Terms
CFR / CIF under Incoterms 2020
Contact
Consultation on request

What the service covers

When a contract is concluded on a CFR or CIF basis, the seller contracts and pays for the carriage to the port of destination. In these cases we select the shipment type, fix the vessel or book container space, coordinate loading and documentation and monitor the voyage. For FOB contracts, the buyer nominates the vessel and we coordinate loading at the port of shipment.

Shipment types

Dry bulk carriers
For grains, meals and fertilisers in bulk. Common size classes include Handysize, Supramax/Ultramax and Panamax; the choice depends on cargo size, draft and port restrictions.
Containers
For smaller lots and bagged cargo: 20- or 40-foot containers with bags, big bags or bulk liners.
Tankers and flexitanks
Vegetable oils move in bulk in tankers or in flexitanks inside standard containers for smaller parcels.
Coastal and river-sea vessels
Smaller vessels serve regional routes and ports with draft or size limits.

Typical structures (reference)

StructureHow it works
Voyage charterThe shipowner carries a cargo between named ports for an agreed freight rate per tonne or lump sum.
Time charterThe charterer hires the vessel for a period or a trip and pays hire per day plus voyage costs such as bunkers and port dues.
Contract of affreightment (COA)The owner carries an agreed total volume in several shipments over a period.
Liner / container bookingSpace is booked on a scheduled container service at the carrier’s tariff or an agreed rate.

Reference overview of commonly used structures. The scope of the service, the responsibilities of each party and all commercial terms are agreed case by case and fixed in the contract.

Laytime and demurrage

Laytime is the time allowed in the charter party for loading and discharging, usually expressed as a loading or discharge rate in tonnes per day or as a fixed number of days. If the vessel stays longer, the charterer pays demurrage to the owner at a daily rate agreed in the charter party; if operations finish early, the charter party may provide for despatch. In sales contracts, the laytime and demurrage terms between seller and buyer are often aligned with the charter party, and the exact conditions are fixed in the contract.

Why FUSHKOV GCG

Sea, rail and multimodal. Ocean freight is combined with rail and multimodal routes where needed.
Incoterms 2020. The delivery basis and the split of freight costs are fixed in the contract.
Independent inspection. Quantity and quality are typically checked by an independent inspector at loading.
Consultation. We advise on the shipment type that suits your volume, port and destination.

Frequently asked questions

Bulk or containers — which is better?

Bulk shipping is usually more economical for large lots, while containers suit smaller volumes, bagged cargo and destinations without suitable bulk terminals. The choice is made for each shipment.

Who pays demurrage?

Under a charter party, demurrage is paid by the charterer to the shipowner. Between seller and buyer it is allocated according to the sales contract, which often mirrors the charter party terms.

Can you ship on an FOB basis?

Yes. Under FOB the buyer arranges the vessel; we coordinate loading, inspection and shipping documents at the port of shipment.

See also

Discuss your project

Tell us the cargo, volume, load and discharge ports and the desired shipment period — we will propose a freight solution.

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