Shipbroking and Chartering Practice 8th ed

Now in its eighth edition, this classic text is a first point of reference for anyone looking to obtain an understanding of chartering practice. It provides hands-on, commercially-focused explanations of chartering in practice and invaluable advice on how the shipping market operates across a broad range of topics. The authors also deal expertly with the legal aspects of chartering and offer numerous case studies which clearly link theory to practice.

This new edition has been fully updated to reflect the changes in chartering practice, legal developments and standard forms since the previous edition. New to this edition:

• Enriched with practical examples covering crucial aspects of chartering and shipbroking, from voyage estimation to freight conversions
• New material on day-to-day laytime principles, including "Laytime Definitions for Charterparties 2013" and associated commentary
• Marketing science application as a modern tool of improving chartering and shipbroking business.
• Expanded coverage of the economic background of chartering, including markets, vessels, cargoes, trades, and freight rates