For import and export cargos ships are arranged
on freight basis for cargos purchased by various
PSUs who are on FOB (FREE ON BOARD). Ministry
surface transport has got a chartering wing for
chartering cargos on FOBS headed by director of
chartering. They have enlisted brokers for
chartering ships on fob basis. They register
qualified brokers for chartering daily meetings
are held to announce the cargos for ships.
Chartering brokers submit their petitions on
behalf of the ship owners who can give the ship
for lifting the cargos on specific dates on
reasonable freight rates. Daily the transchart
meetings the controller of chartering on behalf
of the government announce the freight rate for
the cargos.