Bitumen in Bulk Vessel

Bulk Bitumen Tanker availability on some Global Markets is quite tight and insufficient vessels are available, however making use of our good network of ship owners, tanker operators and our integrated own shipping team will assist our clients to materialize bulk bitumen supplies. The company also has strong relationships with many refiners of bitumen both small and large throughout the world and is therefore able to offer a wide range of bulk bitumen supply solutions.

Our shipping team ensures best freight rates for voyage charters or time charters and will assist our clients to meet their Bitumen requisitions. Bulk bitumen cargoes can be supplied in tankers ranging in size between 1,000 and 8,000 metric tons. We can supply bulk bitumen on a Delivered ex-Ship, CIF, C&F or FOB basis depending on the customer’s needs. While most deliveries by tanker will be direct into a tank terminal, we can arrange for discharge into trucks if a terminal with pipeline connection to a jetty is not available.

Our quality assurance team will implement and engage appropriate quality control measures to maintain the quality of the bulk bitumen shipped throughout the voyage so that our clients may receive quality bitumen at their destination terminals. In bulk shipments we appoint internationally reputed inspection company to carry out Bitumen quality inspections and certifications for the clients from point of loading to point of delivery.

Thanks to our wide range of contacts we endeavour to offer supply of bulk bitumen complying with the client’s local specifications rather than delivering a generic grade. In order to support this service we can arrange testing and analysis of bitumen prior to conclusion of a contract in order to ensure that the product will meet customer requirements.

Factors affecting Ocean Freight Rates

Understanding ocean freight rates and the ways and means of its applicability is important because if a shipper undertakes to transport the goods without proper knowledge, then he could end up making a huge loss. The following are the factors affecting ocean freight rates:

Intended destination

The destination is a factor when calculating ocean freight rates. Longer the journey, the exorbitant the ocean shipping rates and vice-versa as mostly the Bitumen vessel after discharging returns empty to the source.

Service Charges

Any extra charge levied by port authorities like the security service charges also tends to affect the ocean freight rate.

Season

During monsoon season the demand for Bitumen is low and the vessel’s are ideal, hence the vessel owner or operator try to recover costing during the peak season.

Terminal Fees

The ocean freight also depends on the terminal fees to be paid while embarking the journey from a port and after reaching the intended destination.

Bunker Price

Rising fuel prices and the latest prevailing fuel rates will affect the freight charges.

Vessel Capacity

If the shipper does not have enough goods to fill the vessel to their optimum capacity, it will affect the freight charges by way of the shipper having to pay more in spite of lesser quantity.
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