Ocean transportation

Stemcor is active in all areas of ocean transportation. This includes handling container shipments for both steel and raw material cargoes that lend themselves to that method of shipment, booking liner parcels and chartering full and part vessels. We charter all sizes of vessels from coasters through handysize and supramax vessels for steel, scrap and HBI cargoes, and panamax and capesize vessels for raw material products such as coke, coal, pig iron and iron ore.

Vessels are chartered on a voyage charter and time charter (both trip and period) basis.
Using our cargo volumes, we are able to achieve competitive freights by consolidating cargoes and utilising cargo combinations, entering into requirement contracts with freight service providers and fixing contracts of affreightment. The economies of scale we achieve enable our general steel trading services to remain highly competitive.

We minimize exposure to the freight market by fixing cargoes forward and by trading Forward Freight Agreements (FFA’s) to hedge our risk.