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.
Related Guides
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