A ship chartering company is a whole set of fingers that can assist the marine industry in expanding its market size and potential to transport goods across the regions and continents. During this time, the marine industry is becoming increasingly essential in contributing to the economy growth through trade activities such as export and import activities. Strategic and efficient ship chartering contributes to the success of every marine and logistics industry in competing in the globally and nationally maritime trade. Altus Malaysia, a leading local ship chartering Malaysia, can assist you in remaining relevant and competitive in the marine and logistics industry.
What is Ship Chartering?
To begin, it is critical to understand the definition of vessel chartering. A vessel is a subset of a ship, and chartering is an agreement to hire out a vehicle or mode of transportation for a specific purpose. The combination of the words results in a new and complete definition of vessel chartering as the agreement and service of renting out the owner’s ships and vessels to another company or charterer. The maritime industry requires vessel chartering because it enables the company and charterer to achieve commercial and profitable goals, such as delivering goods to another country via ships and vessels and transporting cargoes required by industries in other countries.
Altus Malaysia understands the complex bureaucratic services and processes in the maritime industry, so they provide you with a vessel chartering solution. The recurring bureaucracy services and processes will be a breeze for you if you choose a vessel chartering solution from Altus Malaysia, Malaysia’s leading local vessel chartering company. Altus Malaysia strives to provide excellent vessel chartering service for you by developing partnerships with many vessel owners in the region and forming a strong marine fleet support with many parties in the maritime industry to enable Altus Malaysia to provide the best chartering solution for your needs.
What is the Importance of Ship Chartering?
A transport solution for your various commodities and goods
Altus Malaysia offers the service of delivering your various commodities and goods using various sizes of ships. Do you need to deliver large amounts of cargo? Altus Malaysia can assist you by letting you rent one of their break bulk vessels. The bulk vessels of Altus Malaysia transport commodities and goods that cannot be transported in standard-size shipping containers or cargo containers for maritime trade. Do you require the transportation of neo-bulk, containerized, liquid bulk, or dry bulk cargoes? Choose Altus Malaysia for your vessel chartering needs!
Risk administration
Altus Malaysia recognises that the shipping industry is volatile and inelastic, necessitating skilled management to maximise profits during upturns and minimise losses during downturns. You can feel relieved if you choose Altus Malaysia as your vessel chartering company because this marine company uses a risk measurement policy to protect your commodities from loss due to long-term strategic risks such as political change, oil substitution, technological changes, industry and market-related risks such as macroeconomic performance, sudden change of freight rate and basement costs, operational and regulatory risks such as terrorist attacks and piracy, and compliance with relevant maritime agencies.