Home About UsPublicationsForumsConsultingContact Us
Back to Earlier Search Results New Search Logout


CMA Shipping 2011

Marine Money Forums

Marine Money Asia Week

Freshly Minted Newsletter

Marine Finance Dashboard

“Out damned spot! Out I say!” The Evolution of the Spot Market

Who would have thought that Shakespeare’s Lady Macbeth could have prognosticated the evolution of spot or voyage trading in the dry bulk markets? For clarification, a voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. The charterer pays the vessel owner on a per-ton or lump sum basis. The owner pays the port costs (excluding stevedoring), fuel costs and crew costs. This is the way shipping has worked since the first cargo was carried and is still a mainstay of the tanker market.

This is only an excerpt of “Out damned spot! Out I say!” The Evolution of the Spot Market

Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.

Existing Users Login


Related Archive Files

  • No Related Post

Written by: | Categories: Freshly Minted, Market Commentary | August 19th, 2010 |


Leave a Reply

You must be logged in to post a comment.

Copyright 2008. Marine Money. All Rights Reserved.