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Project Cargo

Project cargo, also known as project logistics, is the transportation of large, complex, and high-value pieces of equipment. It includes both domestic and international transportation and the materials included can either be globally sourced or from one specific location. 

Project cargo is a specialized field in freight forwarding that demands expertise, experience, and knowledge to be able to provide project cargo services. It is one of the most complex kinds of transportation in the logistics industry and has obstacles like time constraints, tight delivery dates, and safety requirements. The company providing project cargo services must have deep knowledge about the shipping line which will suit your requirements such as if the consignment has to be shipped on a flat rack or break bulk vessel, or a roll-on-roll-off vessel. Project cargo can also include assistance in ocean freight, air freight, road, and rail from site to installation.

The number of options in routes, services, and trans-shipment in project cargo is fewer than the non-heavy equipment shipments. Due to this reason, finding a good project cargo services provider is very essential. Project cargo requires good attention to detail so that it remains in line with the projected timelines, budgets, and safety restrictions during the transit of goods. 

Generally, project cargo services include –

• Shipping of heavy equipment
• Break bulk shipments
• Loading and lashing of material under the supervision of an experienced professional who is well aware of the loading points and weight distribution. With the help of this, there will be no unruly movement of the cargo
• Consolidation and packing

Which All Industries Include Project Cargo Service The Most?

Industries that are associated with oil, gas, wind power, engineering, mining, and construction or industries that require a detailed engineering process and care are heavily dependent on this type of transportation. Some other industries that require this kind of transportation are –

• Renewable Energy 
• Power Plants
• Aerospace
• Engineering
• Military and Defense
• Petrochemical Fields  

How To Get Started With The Process?

For a successful project cargo, you need to do the following steps –

• Pre-plan Everything

Your plan should be organized and detailed to make project cargo successful. Take adequate time to come up with a plan. A good plan can save you a huge amount of money and time by reducing risk.

• Work On Plan-B

In this field, there are always chances of your first plan not being executed as anticipated. Consider every other alternative and always have a backup plan ready. 

• Execution

Once plans are prepared, it is time to transport the products. Every country has different protocols when it comes to paperwork, customs duty, authorizations, etc. The execution of the project cargo transportation should be just as efficient as the plan. These plans have to be executed while maintaining, communication and transparency

Chartering

Chartering is a shipping industry activity in which the shipowner hires out their vessel for use by a charterer. So, in simpler terms, it means that when a ship is taken on rent, it is called ship chartering. These vessels are used by the charterers to cater to their client’s requirements and meet their operational and commercial expectations. 

The vessel charterer service provider must be able to provide safe and timely delivery of the consignment. A good network with vessel owners all around the world along with a team of experts that can cooperate and coordinate with clients and operate according to their schedule will prove to be a great charterer.

How Does The Vessel Owner and Charterer Come Together?

To bring the shipowner and the charterer together, a shipbroker plays an important role. It helps in finalizing the terms and conditions between them. It usually starts with the charterer approaching the shipbroker to find a vessel that suits their purpose. 

The chartering process is beneficial as it is reliable, trustworthy, and responsive and is a good technique for a budding business. It helps in analyzing trends in the early years, new commercial possibilities, and various emerging opportunities.

Generally, chartering includes services like –

• Estimation of voyage
• Offering charters on the basis of the time, voyage, and C.O.A
• Demurrage dispatch calculations
• Analysis of the full voyage results
• To be up-to-date with the market intelligence including the port information
• Monitor the vessel