Modify Time Charter Gratuit

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Modify Time Charter Feature

The Modify Time Charter feature offers you flexibility and control over your charter agreements. This tool allows you to adjust aspects of your time charters with ease, ensuring you can meet the changing needs of your business.

Key Features

Seamless adjustments to charter duration
Easy modification of charter terms
User-friendly interface for quick edits
Real-time updates to all stakeholders
Comprehensive reporting on charter modifications

Potential Use Cases and Benefits

Adjusting charter length to match project timelines
Modifying terms to respond to market changes
Streamlining operations by updating agreements effortlessly
Improving communication with real-time notifications
Enhancing decision-making with detailed reports

This feature addresses your challenges by providing the necessary tools to modify your charters in response to unforeseen circumstances. Whether facing delays, changes in project scope, or shifts in demand, you can adapt quickly, ensuring your operations remain smooth and efficient.

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Time charter equivalent is calculated by taking voyage revenues, subtracting voyage expense, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.
A voyage charter is the hiring of a vessel and crew for a voyage between a load port and a discharge port. A time charter is the hiring of a vessel for a specific period of time. The owner still manages the vessel, but the charterer selects the ports and directs the vessel where to go.
A bare boat charter is also referred to as a demise charter. Under this the owner of the ship gives its possession to a charterer who hires his own crew and master. A time charter refers to a ship that has been hired by a person for carrying out a trade for a specific period of time.
Definition of voyage charter party : a charter party whereby the owner of a ship agrees to transport a full shipload of cargo owned or furnished by another person with the ship's crew and master in control of the navigation.
A bare boat charter or demise charter is an arrangement for the chartering or hiring of a ship or boat, whereby no crew or provisions are included as part of the agreement. Instead, the people who rent the vessel from the owner are responsible for taking care of such things.
Voyage costs are the costs incurred to earn the freight or other voyage revenue. They vary with the length of the voyage and the number of port calls.
Voyage Definition: In maritime law, the time of a ship's transit from one place to another. If a ship of war or other ship is sent on a particular expedition, her voyage would generally include her return home, as a voyage of convoy or of exploration or discovery.
Time charter equivalent is calculated by taking voyage revenues, subtracting voyage expense, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.

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