ShipSense

Shipping Glossary

Your comprehensive guide to shipping terminology, fixture email structure, and industry jargon

Understanding Fixture Emails

Fixture emails are the backbone of shipping communication. They contain vessel details, charter terms, and commercial information in a condensed format.

Typical Fixture Email Format:

MV OCEAN GLORY / 82kdwt / del Skaw 10-12 Sep / redely Spore-Japan / coal / $12,500 pd

Vessel Details

MV OCEAN GLORY / 82kdwt

Vessel name followed by deadweight tonnage (carrying capacity)

Delivery

del Skaw 10-12 Sep

Delivery port and date range when vessel becomes available

Redelivery

redely Spore-Japan

Redelivery location range where voyage ends

Cargo

coal

Type of cargo to be transported

Rate

$12,500 pd

Daily hire rate (per day) for the charter

Why This Format?

Fixture emails use abbreviated formats because speed is crucial in shipping markets. Brokers and traders need to quickly communicate vessel availability, terms, and rates across global time zones. This condensed format has evolved over decades to include all essential information in a single line.

Shipping Terms

Essential terminology used in maritime commerce and fixture communications

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