A Study on the Charter Type Choice of Turkish General Cargo and Drybulk Shipowners

The purpose of this study is to determine the most often preferred charter types by Turkish general cargo and dry bulk shipowners and investigate the criteria which affect and determine the selection of charter types. In the study, the methodology utilized constitutes literature review, in-depth interview and survey. The data gained through the survey was processed, through which the means were found out and exposed to factor analysis. The study reveals that Turkish shipowners mostly prefer voyage charter. Another point revealed through the study is that shipowners consider the risk in the selected charter type, reliability of charterer, condition of the operated ship relatively important over the others in deciding on the charter types.