HomeCharteringMarket AnalysisOperationsContractsPost-FixtureRiskGet a Quote
← Back to Home
Settlement Service

Post-Fixture Management

Comprehensive financial settlement, demurrage claims management, and hire account reconciliation ensuring every fixture is fully and correctly accounted for.

Overview

How We Deliver

After every fixture, a complex web of financial obligations must be tracked, calculated, and settled — freight, despatch and demurrage, bunker adjustments, off-hire deductions, and port expenses. Euroship's post-fixture team manages this process with precision and transparency, ensuring every dollar is correctly accounted for. Errors in post-fixture settlement are common and costly — our systematic approach ensures that settlements reflect the true commercial outcome of each fixture.

100%
Settlement Accuracy
30 Day
Average Settlement
Zero
Unclosed Fixtures
Settlement Service
Our Process

Step-by-Step Approach

A structured methodology ensuring consistent, high-quality outcomes for every fixture.

1

Freight Invoice Management

Freight calculations are verified, invoices issued promptly, and payment followed up systematically.

2

Laytime Calculation

Statements of facts and time sheets are obtained from all ports; laytime is calculated strictly per charter party terms.

3

Demurrage Claims

Demurrage claims are prepared with full supporting documentation and pursued promptly through direct negotiation.

4

Hire Statements

For time charters, monthly hire statements are prepared reconciling hire earned, off-hire, and all accounts.

5

Bunker Adjustments

Any charter party bunker adjustment provisions are correctly calculated and applied.

6

Final Settlement

A comprehensive final account is agreed with all parties ensuring complete, clean financial closure.

💰

Freight Collections

Systematic invoice management and payment follow-up to ensure prompt and complete freight collection.

⏱️

Laytime Calculation

Meticulous calculations based on statements of facts, ensuring demurrage claims are fully founded and correctly quantified.

⚖️

Demurrage Negotiation

Experienced negotiators pursue claims firmly but commercially, achieving timely settlements.

📊

Hire Reconciliation

Monthly hire statements with full reconciliation of earned hire, off-hire, and all ancillary accounts.

⛽

Bunker Accounting

Precise calculation of bunker quantities and values on delivery and redelivery.

📁

Documentation Archive

All fixture documentation systematically archived for audit purposes and potential future claims.

Deep Expertise

Why Choose Euroship for Post-Fixture Management?

Post-fixture management is where much of the commercial value of a fixture is won or lost. A poorly calculated demurrage claim or an unchallenged off-hire deduction can erode the profitability of an excellent fixture. Euroship's post-fixture team treats every settlement with the same rigour as the original negotiation — we understand what is claimable, and we pursue it professionally until the account is closed.

Ready to Work with Euroship?

Submit your enquiry or join our team — we respond within 24 hours.

Submit an Enquiry →
⚓
Post-Fixture Management Enquiry
Submit your request — we respond within 24 hours
✅ Enquiry received! Our chartering team will respond within 24 hours.