Maritime Transport Business Model

There are two main modes of operation of maritime transportation: liner transportation and charter transportation. Liner transportation is also called scheduled ship transportation, and charter transportation is also called irregular ship transportation.
1. Liner transportation
Liner transportation refers to a mode of transportation in which ships sail regularly and repeatedly on specific routes and between established ports according to a pre-determined schedule to engage in cargo transportation business and charge freight according to a pre-announced rate table. Its service objects are many non-specific and scattered cargo owners, and liner companies have the nature of public carriers.
2. Charter transportation
Chartering refers to a mode in which the charterer leases a ship from the shipowner for cargo transportation, which is usually suitable for bulk cargo transportation. The relevant routes and ports, types of transported goods, and sailing time are all confirmed by the shipowner according to the requirements of the lessee. The rights and obligations between the charterer and the lessor are determined by the charter contract signed by both parties.