Establishing and maintaining relationships
The chartering department is based in Piraeus. By establishing and maintaining relationships with reputable Charterers the department is able to look for suitable cargoes and negotiate the best employment(s) for the open vessels, negotiating (on behalf of Owners) terms and conditions of the charter contracts. The monitoring of Forward Freight Agreement Market is also a key factor, hedging vessels position whenever needed. They also carry out Market research and analysis, keeping up with the latest news in the shipping sector, general projects, and different chartering strategies. The department works in close co-operation with the commercial, operations, marine operations and technical departments.