In dry bulk chartering, there are charterers on one side who need to find the best available freight to ship, and shipbrokers on the other side who can help secure a vessel from owners/operators at the best freight. Traditionally, when charterers need a vessel, they contact their known shipbrokers who in turn contact vessel owners to find the best available vessels. Then there is negotiation to close the deal and sign the fixture.
While this approach has worked for decades, it has a limitation which is often overlooked. Your known shipbrokers may not have access to the best available vessels for your laycan, and the freight you get may not be the best on the market. Because each broker is connected to a limited set of owners who have a limited set of vessels.
This is where an independent, digital marketplace comes in. A digital marketplace connects two parties seeking a common objective. Being independent is critical, as it mitigates any risk of conflict of interest. A digital marketplace also brings efficiency, transparency and customer convenience, while easing communication and reducing emails, messages and calls.
Crab is an independent, digital marketplace that brings all these benefits to the dry bulk shipping industry. Charterers can create a cargo listing with just a few clicks, and curated, reliable shipbrokers worldwide can provide competitive freight offers for their available vessels. Effectively, both parties needs are fulfilled, and the fixing process is a lot better!
Leveraging a digital marketplace can help dry bulk charterers save time, money, and effort while also improving transparency, efficiency and records in the process.
Dry bulk shipping plays a vital role in the global supply chain, facilitating the movement of raw materials, commodities, equipment and cargo for various industries. The sector's efficiency directly impacts economic activities worldwide, making the entire process efficiency crucial.
Coal, iron ore, grain, mineral, fertilizer, steel, cement, etc. are all shipped through dry bulk vessels. As the industry evolves, embracing digital solutions is paramount to improving productivity and operational excellence.
Digital marketplaces offer an effective solution for the dry bulk shipping industry, providing a platform for seamless transactions, and enhanced collaboration among stakeholders. By leveraging digital technology, companies can overcome traditional barriers and unlock new opportunities for growth.
Historically, dry bulk shipping has faced challenges such as limited transparency, inefficient communication, and fragmented operations. These hurdles have underscored the need for innovative solutions to drive growth and competitiveness in the industry.
Crab simplifies the dry bulk shipping process, benefiting both charterers and shipbrokers. Charterers can find better freight, while shipbrokers expand their business and vessel owners reduce ballast time. It’s a win-win for everyone involved.
The convergence of digital innovation and maritime expertise paves the way for a new era in dry bulk shipping. By embracing digital marketplaces and transformative technologies, the industry can chart a course towards sustainable growth, operational excellence, and enhanced customer value in the dynamic world of global trade.
Subscribe to Our Newsletter
© 2024 Crab Technologies. All rights reserved.