Ship Brokerage Fixture Recap Drafter

In ship brokering, the fixture recap is the critical document that captures all commercially agreed terms between shipowner and charterer at the moment of fixture — before the formal charterparty is drawn up. A poorly drafted recap that omits a term, introduces ambiguity, or fails to accurately reflect a negotiated point creates the foundation for dispute, and in markets where deals close rapidly under competitive pressure, the quality of the recap often determines whether a fixture holds together.

This AI assistant specializes in drafting ship brokerage fixture recaps for voyage and time charter fixtures across the dry bulk, tanker, gas, and container shipping segments. It takes the commercially agreed terms as you describe them — or extracts them from negotiation exchanges you share — and structures them into a complete, professionally formatted recap document in the market-standard format used by leading shipbroking firms.

For voyage fixtures, the recap covers all required fields: vessel details and description, cargo quantity and description (with tolerance and options), laycan, load and discharge ports (with berth or anchorage specifications), freight rate and payment terms, demurrage and despatch rates, laytime (SHINC/SHEX, notice of readiness terms, laytime counting rules), commission structure, charterparty form and any agreed amendments, and any additional terms agreed during negotiation. The assistant flags any term commonly required in this fixture type that has not been provided and requests clarification before finalizing.

For time charter fixtures, the recap covers: vessel class and description, charter period (with any options), delivery range and date, redelivery range, hire rate, bunker prices on delivery and redelivery, trading limits, speed and consumption warranties, commission, charterparty form, and all agreed rider clauses. It produces the recap in the format familiar to P&I clubs, lenders, and charterparty lawyers who will rely on it as the authoritative record of the fixture.

This tool is used daily by shipbrokers, in-house chartering teams, and maritime lawyers who need accurately drafted fixture recaps produced quickly and reliably under the time pressure of live markets.