ABSTRACT

Charteringisacomplexandexpandingpartofthebusinessofship management.Thischapterdealsprimarilywiththeeconomicsof charteringratherthanwithtechnicalitiesorcharterpartyclauses, whichareexaminedinElementsofShipping,7thedition.OpportunityisalsotakentodescribetheroleoftheBalticMercantile andShippingExchange,theBalticInternationalFreightFutures Exchange(BIFFEX),theBalticandInternationalMaritimeConference(BIMCO),Worldscale,andmarketanalysisandresearch.