There was some confusion between the terms ‘charterer’ and ‘shipper’ – specifically when talking about the idea of ‘deadfreight’.
To make things simple – the first distinction I need to state is that as a shipbroker and dry dry cargo shipping specialists contracts are alwaysbetween ‘charterers’ and ‘shipowners’. In other words for the purpose of a contract the word ‘shipper’ is irrelevant. Many think they can use the word ‘shipper’ and ‘charterer’ in substitution but you cannot. Shipper is not a word we use when discussing the commercial aspects a charter agreement.