This is the start of Shipping stage.

The Vessel & Cargo Owners start interacting, most of the time via Brokers and negotiate the Freight & other terms of the Charter Party and eventually once all is agreed upon a CLEAN FIXTURE Recap is circulated to all and thus a VOYAGE CHARTER PARTY is established.

Shipping being a very extensive business, most of the Vessel Owners ( Head Owners who have minimal shipping knowledge ) prefer to sublet the vessel on TIME CHARTER, that is Head Owners give control of vessel to a DISPONENT OWNER, so as to earn TIME CHARTER HIRE, while the DISPONENT OWNER does the execution of voyage

Trading

From where it all started...

Post Fixture

The Next Step....