Essence by seabo
Hardly a day passes without new disruptions affecting charter markets. Whether driven by geopolitical tensions, extreme weather or technical failures, chartering professionals must now make decisions at exceptional speed and often on incomplete information. For example, Middle East crises can force rerouting through the Red Sea and raise War-Risk premiums. When an engine fails mid-Atlantic, Off-Hire issues arise immediately, and every layday costs reputation and margin.
12.11.2025
Crisis also create opportunities for those who demonstrate resilience. Those who remain able to deliver in uncertain times, communicate honestly, and secure their fixtures during those times build long-term trust and gain a decisive competitive edge. This article presents practical strategies for resilient chartering and highlights the critical role of efficient information management. Relevant data can be identified earlier, and incidents can be accurately assessed, enabling the right decisions to be taken.
Charter professionals cannot prevent global crises, but they can influence how they manage them. Demonstrating resilience in the face of significant challenges means three things: being prepared and well informed, recognising and deploying alternatives, and having the right crisis-management toolkit to act calmly and reliably under pressure.
What matters in specific crisis scenarios is set out below.
Markets and freight rates swinging?
Adjust charterparty terms quickly and find suitable options for cargo securing and fleet utilisation, always aligned with prevailing market conditions.
Political instability?
When sanctions, exclusion zones, trade disputes, or wars arise, act with caution. Route changes must safeguard security, cost-effectiveness, risk mitigation, and compliance in equal measure.
Shadow fleets reducing transparency?
Vessels operating outside standard insurance and compliance frameworks present real risks and can trigger sanctions and defaults. Exercise particular caution with older tankers where ownership structures are unclear. Key actions: know your counterpart and conduct thorough due diligence before fixing.
Technical failures?
In the event of machinery breakdown, terminal disruption, or slot overbooking, adopt a solution-oriented approach to sourcing replacements, renegotiating contracts, and managing claims professionally.
Extreme weather?
Canal blockages, storms, crop losses, climate shifts and difficult ice conditions can all derail plans. Proactive risk management is essential to limit damage and preserve trust.
Political or societal crises?
Pandemics or significant cyberattacks create serious chartering challenges through supply-chain interruptions and port closures. Proactive crisis management is the priority: interpret complex quarantine and security rules swiftly and reorganise crew changes efficiently.
Counterparties or customers failing?
Insolvencies or last-minute cancellations demand strong market intelligence and legal expertise to act in a crisis-proof manner. Protect cargoes and customers, initiate legal remedies where necessary and minimise financial loss.
These examples show that purely reactive behaviour exposes you to speed and flexibility tests. The most essential prerequisite for crisis resilience in chartering is proactive thinking and preventive action.
Speed of response and reliability are assumed in chartering at all times. Even during crises, chartering professionals must remain composed, prioritise facts and communicate transparently.
Clarity and decisiveness are crucial. Other high-risk environments provide useful parallels. In the space industry, for example, crews train intensively for the unexpected: from system failures to isolation in space. Developing the same traits needed in chartering: clear communication under pressure, precise decision-making, team cohesion and a readiness to learn from mistakes. These form a strong foundation for resilience when it matters most.
Resilience is not accidental; it is built through systematic development of skills, structures and strategies. The objective is to remain operational, solution-focused, and robust under stress.
We present five practical tips to strengthen resilience in crisis mode.
Think in scenarios!
Prepare contingency and response plans for the most likely crises, such as technical failures, reroutings or crew issues. Define escalation paths and responsibilities to enable fast, safe and coordinated action.
Keep contracts flexible!
Draft charterparties so they can be adapted in critical situations. Clauses on force majeure, off-hire and deviation should clearly allocate risk and leave room to act when conditions change abruptly.
Spread risk!
Diversify across customers, trading areas and vessel types to avoid being stressed on multiple fronts simultaneously. Diversification delivers important stability in daily chartering.
Manage your energy day to day!
Long hours and cross-zone calls are part of the job. Establish routines that sustain focus under sustained pressure. Whether through clear prioritization, short breaks, or consistent handovers to colleagues, resilience is developed in everyday practice, not in workshops.
Reflect regularly!
Ask yourself continuously: Where do I stand on resilience, and how can I improve? This allows you grow as a person. Perhaps this checklist will help you:
Do I have action plans for the most frequent crisis scenarios?
How transparently do I communicate bad news?
Do I know my personal stress triggers and countermeasures?
When did I last test my contracts for crisis readiness?
Do I have a reliable network of partners for emergency support?
Do I treat mistakes defensively or as learning opportunities?
Which personal strength will I consciously apply in the next crisis?
Lack of transparency is often the single biggest problem in crises. Losing the thread reduces decision quality and can quickly become a major issue under pressure.
But: You can actively influence this! How you collect, process and use information is within your control. Digital solutions such as seabo help preserve situational awareness: they show at a glance where vessels are, which route risks exist and which fixtures require priority attention. That saves search time, reduces errors and gives you an informational advantage when dealing with customers. You gain a practical work tool that speeds up processes and supports calm, fast decision-making in critical moments. The result is greater clarity and focus when every hour counts, less stress and more confidence in your decisions.
Our essence: chartering today is continuous crisis management across many different scenarios. Those who are prepared, control their information flow and remain clear-headed and decisive under pressure stay operational, even when multiple issues coincide. That combination of oversight, flexibility and mental strength determines who gains a market advantage and who ultimately earns customer trust.