Time Charter Broking Case Study: 4-Month TC Fixture

Hejiang Shipping recently brokered a time charter fixture as broker, with a 4-month charter period, a 12-month period protection clause and a 20-day payment cycle, providing end-to-end broking service from term negotiation through delivery and redelivery.

Key Facts
  • Contract type: Time Charter
  • Charter period: 4 months
  • Period protection clause: 12 months
  • Payment cycle: 20 days
  • Our role: broker, handling term negotiation, fixture and follow-up

Frequently Asked Questions

What does Hejiang Shipping's time charter broking service include?

Vessel vetting, charter term structuring, RECAP drafting and commission protection, as a full-service time charter broker safeguarding both owners' and charterers' interests.

How long is a typical time charter period?

Terms are negotiated flexibly; a recent fixture had a 4-month charter period with a 12-month period protection clause.

How is the payment cycle arranged?

Settled on an agreed cycle; a recent fixture used a 20-day payment cycle, subject to the specific contract terms.

Is there a real time charter broking case study?

Yes, we recently brokered and structured the terms of a 4-month time charter fixture.

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