Commodity supply
Sale of a physical bulk cargo, with freight included where the buyer wants the movement handled as well.
Shipping and marine logistics
Cargo and freight, in one commercial discussion.
Ibn Al Furat operates its own fleet of dry-bulk vessels of various capacities, combining physical commodity trading with ocean transportation.
- Scope
- Dry bulk, port to port, chartering
- Fleet
- Own dry-bulk vessels of various capacities
- Offer
- Freight only, or cargo and freight together
Shipping
Shipping is what separates Ibn Al Furat from a trader that can only buy or sell the commodity.
A counterparty can ask the company to supply a cargo, to purchase or take offtake, to look at ocean freight, or to consider the commodity and the freight together.
The work is dry bulk transportation: port-to-port movement of cargoes such as cement clinker and iron ore pellets, and chartering or freight for those movements.
Ibn Al Furat operates its own fleet of dry-bulk vessels of various capacities, so the cargo and its movement can be planned together.
Scope
Four commercial positions
Each is agreed against the specific enquiry.
Purchase and offtake
Purchase of a physical cargo from a producer, mill or supplier. Freight from the load port can be included or left with the seller.
Ocean freight
Dry-bulk transportation and chartering between a load port and a discharge port, including where the counterparty already controls the cargo.
Cargo and freight together
One discussion covering the commodity and the ocean movement, so the purchase and the carriage are planned together.
Freight enquiries
What a freight enquiry should set out
Port coverage, laycan and freight level are agreed for each voyage.
- Commodity, if the cargo is part of the discussion.
- Load area and discharge area.
- Indicative quantity and the timing in view.
- Freight only, or cargo and freight together.
- Known constraints, such as draft or discharge rate.
- Whether the counterparty already controls the cargo.
Questions
Questions on dry-bulk freight
Short answers to the points counterparties usually ask before they send a voyage enquiry.
What shipping does Ibn Al Furat offer?
Dry bulk transportation, port-to-port movement of cargoes such as cement clinker and iron ore pellets, and chartering or freight for those movements.
Does Ibn Al Furat have its own vessels?
Yes. Ibn Al Furat operates its own fleet of dry-bulk vessels of various capacities, so cargo and freight can be offered together.
Can a counterparty ask for freight only?
Yes. A counterparty can ask for commodity supply, purchase or offtake, ocean freight on its own, or the commodity and the freight together.
How is freight quoted?
Port coverage, laycan and freight level are agreed for each voyage enquiry.
What should a freight enquiry set out?
The commodity if the cargo is part of the discussion, the load area and discharge area, an indicative quantity and timing, whether the request is freight only or cargo and freight together, and any known constraints such as draft or discharge rate.
Related activities
Cargoes that move with freight
Freight, with or without the cargo
Discuss a voyage with the commercial team.
Send the commodity, the load and discharge areas, and whether the enquiry is for freight only or for cargo and freight together.