Operations
Through its in-house chartering department, Modion has created a wide clients network to secure employment to its fleet. Throughout the years, it has built strong, long term business relationships with reputable first class Charterers and trading houses.
The vessels trade all around the world mainly, the U.S. Gulf, the Mediterranean, the Continent, the Far East, and the Pacific basin, carrying bulk cargoes, such as grain, maize, coal, iron ore, etc.
The role of the in-house broker is to carefully evaluate all employment opportunities available, with the highest return possible, always by transporting cargoes that are lawful and harmless to the vessel and her crew. Employment contracts are usually short or medium-term time charters, thus achieving relative stability in cash flows, while at the same time enabling the company to take advantage of market upturns when occurring.