Hi
@Hopeful9To elaborate a little :- Graincorp do have a very active charting branch to their operation. However these vessels are usually taken on as voyage charterers....this means they have a cargo to shift from A to B, and they put this out on the market for potential ships. They are paying for the space on the ship. Not the ship itself.
On the otherhand, if there was a regular trade, say Aus to Indo, then graincorp could time charter a ship. In this case, they are known as disponent owners. It is far more complex in this case, as they are responsible for delays, fuel costs etc. However the Bogasari Mill in Indonesia already does this.
If graincorp have a really good longer term supply deal, it would make sense to go down this route.
Even though the risks are higher, delays, fuel costs, and more complex, the cost of shipping, if done well is about 50% that of voyage charters.
This is something that the Japanese were extremely good at between 1990 and 2021 where they controlled the whole supply chain.
For a start, the domestic market is one to look at.
(20min delay)