Operations & Post Fixture

As a manager of marine assets, ITM offers operation and post-fixture services that ensure the reliable commercial conduct of a trading vessel. All operations are headed by experts with a Master Mariner background and staff prepared to handle all eventualities.

These services include:

  • Checking the recapitulation of terms and informing master,
  • Checking voyage orders and informing master,
  • Performance monitoring under terms of charter-party,
  • Laytime calculations,
  • Off-hire calculations,
  • Voyage calculation follow-up and demurrage claims,
  • Calculate and invoice charters for payment of freight on behalf of principals,
  • Claims handling,
  • Assisting owners and brokers with information to conclude fixtures,
  • Appointing agents and handling disbursements,
  • Checking pro-forma D/A and arranging advance payment,
  • Checking and settlement of D/A,
  • Evaluating and nominating bunker suppliers,
  • Keeping track of vessel? ROB and checking figures,
  • Checking bunker invoices and remitting in due course.