Chartering Department
The Chartering Department of Navigation Maritime deals with the following activities:
- Carries out market research and analysis, keeps up with the news in the shipping sphere i.e indices, reported fixtures and important events and developments
- Projects and monitors the fulfillment of the general chartering strategy in reference to the incomes from the operation of the vessels of NMB
- Approves and confirms the list of the Owners' brokers of NMB; determines the Owners' brokers and channels through which the Charterers to work/operate
- Prepares and circulates the daily open position list of the vessels of the Company
- Looks for suitable cargoes and starting negotiations for an open vesse
- Entering a contract/fixture
- Negotiate voyage and time charters. When necessary negotiates and fixes vessels from the market for the purpose of the contracts of NMB. Takes decision for the periods on which the vessels on time-charter will be operated/worked
- Analyzes the final results of the contracts
- Controls the original Charter Parties with companies
- Continuous education of the personnel
- Participates in meetings with Charterers, Brokers, etc
The Department consists of three persons in Varna, one in Bourgas, one in Dusseldorf and one in Dubai. They are high-degree educated specialists with a wide experience and extensive practice in operation, negotiation, and chartering of tramp and liner vessels.
The Department is directly subordinate to the General Director and works in close co-operation with the managers of the fleet.