1. It is suitable for transporting low-value bulk cargoes, such as grain, coal, ore, fertilizer, oil, wood and cement, etc., and is generally shipped by renting a whole ship. According to statistics, in the international ocean cargo transportation, the chartered transportation volume accounts for about 80%. Therefore, charter shipping plays an important role in ocean transportation.

2. Chartered shipping is different from regular shipping. It does not have a fixed route, fixed loading and unloading port and voyage period. Instead, according to the cargo owner's freight needs and the ship owner's possibility of supplying the ship, the two parties negotiate the terms of the chartered transportation and use the chartered ship. The form of the contract is affirmed as the basis for the rights and obligations of both parties.

3. The freight rate for chartering ships is affected by the supply and demand relationship in the chartering market. When there are more ships and less cargo, the freight rate will be lower, and vice versa. It will change as often as the commodity market price. Therefore, it is necessary to conduct research and research on the chartering market conditions when chartering a boat.

The role of charter shipping:

Throughout the history of the world's shipping development, whether it is a developed or an underdeveloped shipping country, as long as there is a demand for ocean cargo transportation, it is inseparable from chartering. Even countries with large fleets cannot completely avoid chartering. Practice has also proved that charter shipping has played a huge role in the entire international trade and transportation, and its role is mainly manifested in the following aspects:

1. Chartering is generally done through the chartering market, that is, a place where both parties conduct transactions together. According to the needs of both parties, the parties can choose and negotiate the lease to achieve the best economic results, meet their respective needs, and provide convenient conditions for the development of international trade.

2. Chartering is generally the whole ship, and international bulk cargo is mainly transported by chartering. Due to the large transportation volume, economies of scale can be fully utilized and unit transportation costs can be reduced.

3. The freight rate of chartering ships is greatly affected by the relationship between supply and demand. It is a competitive price and is generally lower than the freight rate of liner ships, so it is conducive to the transportation of low-value bulk cargoes.

4. Since there are fewer restrictions on chartered transportation, as long as the ship can return to the route and port, the chartered ship can carry out direct transportation, which greatly facilitates the needs of cargo owners.

When the volume of trade increases, the shipping space is insufficient, and the shipbuilding and buying of ships cannot keep up with the needs, chartering transportation can make up for the needs. In addition, if there is more space, you can also rent a ship to collect cargo to avoid losses caused by stopping the ship.