Project Chartering

Freight rates are governed by numerous factors, the complex correlation between the variables makes it difficult to forecast the future freight rates. Risk averse clients prefer to enter into a period charter eg: time charter (t/c), bare boat(b/b), profit share or COA rather than trading in the open spot market where the risk is too high and leaves them unguarded. T/c or b/b agreements help the shipowner to plan his/her loan repayment period and other financial commitments. At ASL we have brought ship broking into a unique dimension, by suggesting shipowners and charterers enter into a tailormade agreement to accommodate both their needs, as well as benefiting from the dynamic market in the long run. “All is well stays well” !

Tanker Chartering

Global energy demand lately has gone through a significant change. Ever increasing fleet size of tankers due to the rising investment opportunity has given rise to a highly volatile oil market. Most of our clients prefer to trade in period market rather than the highly volatile spot market to reduce chances of loss during the market downturn and give a steady revenue.

Dry Chartering

Steep rise of freight rates in the dry bulk sector lately has drawn keen interest in this segment. The fear of the future freight rates sliding below the present quoted rates accompanied by ever changing global demand and supply in this sector has encouraged clients to enter in long term charter agreements which would offset the uncertain spot rates into a long term steady hire rate.