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Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-17 by Virtualshipbroker

Wednesday, December 1, 2010

Interesting dialogue from the 'shinc vs shex thread

Thought it may be of interest to others

Anonymous said...


Say, I am buyer and have chartered a vessel. Will the term SHEX-sundays, holidays excepted, be to my advantage in saving the laytime? If these days are excepted, then it should mean that I can load the cargo during these days and avoid the usage of laytime against me. Is this correct?

Thanks
December 1, 2010 4:04 PM

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The Virtual Shipbroker said...


Yes that is correct - but guess what? You are paying a higher freight rate. So you save on laytime but the freight rate charged by the shipowner will be higher. If you agreed shinc load the shipowner (in his calculation) would have allowed less time to load and hence given you a cheaper freight rate...
Moral to the story with laytime - just do as the port recommends and dont try to maniplulate it because at the end of the day you will pay somewhere else...
cheers / VS
December 1, 2010 4:08 PM


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Anonymous said...


Ok, so, higher freight rate, because I will be taking a longer time to load a vessel and, thus, higher freight rate to the owner. But, if I agreed on SHINC then, I would be risking the higher usage of the laytime, but less cost on the freight, since the laytime would be shorter. Would you say it is a trade off?

Is there a way to call you/office?


December 1, 2010 4:25 PM

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The Virtual Shipbroker said...


yes thats the trade off. Sorry i can only be contacted by email. If you want more 'valuable' advice you can hire me as a consultant - like other supersmart companies have decided to do. Im cheap and I save you millions...
cheers


VS
December 1, 2010 4:35 PM


End

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