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Chartering business process

by:CNS     2021-07-11
Chartering business process 2021-06-20 19:39:28 In the chartering market, the ship owner is the supplier of the ship, and the charterer is the demander of the ship. The chartering transaction is usually not carried out by the ship owner. Direct negotiation with the charterer was on the spot, but through the respective ship brokers and chartering agents of both parties to handle and sign the contract. Chartering procedures and procedures are similar to those in international trade. (1) Inquiry Inquiry, also known as inquiry or inquiring for charter, refers to the act of requesting the charter ship by the charterer through the chartering agent in the chartering market on the expected terms, mainly in written form such as telecommunications. The inquiry content generally includes the type and quantity of goods to be carried, the port of loading and unloading, the period of shipment, the method or period of chartering, the expected freight (or rent) level, and the description of the required ship. The purpose and function of the inquiry is to let the other party know the general situation of the offerer's intention and needs. (2) Quotation Quotation is also called offer. When the ship owner learns the charterer’s inquiry from the broker, he will estimate the cost and then use the broker to provide the charterer with the information and quotation of the ship he can provide. Quotations are divided into real prices and inflated prices. ① Nett price. The actual price is a quotation whose quotation conditions cannot be changed. It is usually accompanied by a validity period. The inquirer must reply to the bidder within the specified validity period. After the validity period, the quotation will become invalid. The actual price is also binding on the bidder. During the period of validity, the bidder shall not make any more quotations to other inquirers, nor can it revoke or change the quotation conditions. ② Inflated prices. Inflated prices are also called conditional quotations. The false price is contrary to the actual price quotation conditions. ③ Counter-offer. The counter-offer is also called the counter-offer, which refers to the modification of the substance of the offer and different conditions of its own. In the case of conditional quotation, Guangzhou to Karamay Logistics proposes amendments, additions and deletions to unacceptable conditions in the quotation conditions between the charterer and the shipowner, or proposes their own quotations called counter-offers. Counter-offer means the inquirer’s rejection of the offerer’s offer and the start of a new offer. Therefore, the shipowner may accept all the bargaining from the charterer, or may accept part of the bargain, and propose a re-bargain or new quotation for the disagreement. This kind of response to the counter-offer conditions or making a new offer is called counter-offer or counter-offer. ④ Accept it. After the offer and counter-offer have been bargained for many times, until the last firm offer is accepted by both parties, it is even a deal. ⑤ Sign a contract. The formal lease is actually drafted after the main terms of the contract are accepted by both parties, and the promise has come into effect. However, under normal circumstances, the parties have to sign a 'Confirmation of Renting'. There is no uniform format for the charter confirmation, but its content must list in detail the main terms of commitment reached by the shipowner and the charterer during the negotiation process. 1446
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