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of the area. Tramp ships often carry with them their own
gear (booms, cranes, derricks) in case the next port lacks
the proper equipment for loading or discharging cargo.[3]
2 Tramp charters
The tramp ship is a contract carrier. Unlike a liner, often
called a common carrier, which has a xed schedule and
a published tari, the ideal tramp can carry anything to
anywhere, and freight rates are inuenced by supply and
demand.[3] To generate business, a contract to lease the
vessel known as a charter party is drawn up between the
ship owner and the charterer. There are three types of
charters, voyage, time and demise.
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thing else. The main advantage of the time charter is that market for some type of commodity somewhere and the
it diverts the costs of running a ship to the charterer.[1]
company with the ships able to exploit that market will do
better than the company relying on liner services alone.
2.3
Demise charter
Brokerage
Tramp ship owners and tramp ship charterers rely on brokers to nd cargoes for their ships to carry.[1] A broker
understands international trade conditions, the movements of goods, market prices, and the availability of the
owners ships.
The Baltic Exchange, in London, is the physical headquarters for tramp ship brokerage.[1] The Baltic Exchange
works like an organized market, and provides a meeting
place for ship owners, brokers, and charterers. It also provides easy access to information on market uctuations,
and commodity prices to all the parties involved. Brokers can use it to quickly match a cargo to a ship or ship
to a cargo depending on whom they are working for. A
committee of owners, brokers, and charterers are elected
to manage the exchange to ensure everyones interests are
represented.[4] With the speed of todays communications
the oor of the Baltic Exchange is not nearly as populated
as it once was, but the information and networking the exchange provides is still an asset to the tramp trade.
Tramps today
6 Further reading
Freeman, N. (1998.) Seaspray and Whisky: Reminiscence of a tramp ship voyage. Pleasantville N.Y.:
The Akadine Press. ISBN 1-888173-38-6
Huber, Mark (2001). Ch. 9: Chartering and Operations. Tanker operations: a handbook for the
person-in-charge (PIC). Cambridge, MD: Cornell
Maritime Press. ISBN 0-87033-528-6.
Turpin, Edward A.; McEwen, William A. (1980).
Ch. 18: United States Navigation Laws and Ships
Business. Merchant Marine Ocers Handbook.
Centreville, MD: Cornell Maritime Press. ISBN 087033-056-X.
7 References
[1] Buckley, J. (2008.) The Business of Shipping. Centreville,
MD: Cornell Maritime Press. ISBN 978-0-87033-580-8
[2] Gripanios, H. (1959). Tramp Shipping. London: Thomas
Nelson and Sons.
[3] Schiels, K. (1994) Ship Agency: A guide to tramp ship
agency. Surrey, UK. Fair Play Publications. ISBN 1870093-75-5
[4] Gripanios 1959
[5] Plomaritou, E. (2008). A proposed application of the
marketing mix concept to tramp & liner shipping companies. Journal of Contemporary Management Issues, 13(1)
5971.
8 External links
Internet Guide to Freighter Travel traveling by
tramp freighters
Hurd, Archibald, Sir (1922). The triumph of the
tramp ship. London: Cassell. Retrieved 2012-0324.
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