Commercial Management

Blackhull Commercial management team constitutes embedded professionals & domain experts with extensive domestic & international experience in ship chartering & brokering.

With the help of our renowned channel partners in US, Europe, AG and Far East. Blackhull customizes commercial packages to place the tonnage in spot and time charter markets, to suit the client’s commercial profile and ongoing requirements.

Blackhull Maritime Services Pvt. Ltd. competitive areas of expertise focus on negotiating and concluding periodic charters for vessels of all types. The continuous analysis of market trends and close watch on emerging opportunities in a rapidly changing environment allow it to offer up-to-date advice to customers.Activities in the Sale and Purchase market consist of brooking services for the sale and purchase of second-hand vessels, as well as the placement of new building contracts with shipyards.

Services Offered

  • Chartering of Vessles
  • Marketing of vessls
  • PRE & POST FIXTURES MANAGEMENT OF VESSELS
  • resolving charter party disputes
  • appoint agents for co-ordination with ports for smooth operations
  • take responsibility of freight collection and payment of freight in case of sub chartering vessels
  • evaluate & optimizing vessel employment opportunity
  • ARRANGING BUNKERS AT THE MOST COMPETITIVE

It also includes providing the three main groups of services rendered by Company as Managers to their clients

Chartering

Chartering is a core activity of any commercial management process which in accordance with BIMCO’s Standard Ship Management Agreement “SHIPMAN 2009” comprises but is not limited to “seeking and negotiating employment for the Vessel and the conclusion of charter parties or other contracts relating to the employment of the Vessel”. Depending on owners’ requests we provide for each ship voyage, single time charter (“time charter trip”) or where required period employment.
The Operational aspect of commercial management is a crucial part of the equation. This is the area where money can be saved or lost and a voyage can be made more or less profitable. Our experienced ship operators ensure the safe and efficient handling of all the ships and the smooth execution of all voyages.We are in constant communication with our competent ship’s Masters as well as with charterers, brokers, port agents and bunker suppliers.

Operations

Calculations, controls & accounting

It is hard to imagine that modern model of commercial management could exist without comprehensive system of such tools as voyage estimating and accounting, actual voyage results calculations, full load calculation, advising shortest routes for the vessel, calculation of hire, freights, demurrage and despatch monies from or due to the charterers of the Vessel, accounts control, performance analyses in the form of time charter equivalent for any period required.

All above tasks, which we carry out with assistance of up-to-date marine IT solutions, ship management and accounting software, are vital to the profitability of shipping business.