Pre-fixture reports providing fast, cost-effective analysis

Chartering and freight depends on the coordination of multiple parties in order to successfully carry out a transaction. As the size of the companies and the scale of operations increases, so does the size and number of transactions, leading to increased dependency on counterparty operation. With increasing dependency on counterparties comes increasing risk, leading to the need for fast, cost-effective business analysis. Pre-fixture reports provide your business with everything you need to know about your potential chartering counterparty.

Counterparty risk

A comprehensive pre-fixture report mitigates potentially damaging trade risks. Without detailed initial analysis, you might enter into binding agreements with financially unstable parties. Should transactions fail, you could find yourself bound by terms of agreement to such parties. Counterparty risks include companies that fail to comply with bonds, insurance policies, or other contracts.

Due to the nature of credit risks, it is often difficult for you to reclaim collateral from your counterparties, leaving you exposed to financial losses. In addition to operational damages, poor counterparties can result in legal and reputational damage with lasting repercussions for your future transactions. This can be avoided with a detailed, up-to-date pre-fixture report, providing you with all the insights you need to make timely and accurate trade decisions.

Infospectrum’s pre-fixture reports

Infospectrum has supported the dry bulk and wet freight markets since we started trading in 1999. Our pre-fixture service aims to help our clients make the rapid, but high value, decisions required in chartering, where time and information are often extremely limited. Drawing from our extensive global resources we source and compile the precise business analysis you need to help you choose your chartering counterparties with more confidence.

Our detailed assessment reports deliver this information fast according to your schedule while minimising the risk of regulatory and operational problems further down the line. Our global positioning enables us to address the industry’s key issue of timing through our ability to start rapidly (we have six offices worldwide), our immediate access to company information, and our experience in understanding the complex structures used in the freight markets.

We continue to work on very urgent projects for highly demanding clients in the commodity trading, ship owning and operating sectors.

See how our pre-fixture reports have previously benefited our clients in this case study. For key insights into your industry and competitors, choose from our three service packages here.