A Canadian freight forwarder is planning to charter a ship covering shipment of 1500,000 MT of Limestone over a one-year period with equal monthly shipment from Australia to Majishan Port-China. Please briefly answer the following questions:
1) What type of charter he is looking for? (2 Mark)
2) Which costs should be paid by the charterer for the chosen type of charter. (2 Marks)
3) From which type of freight market, the charterer can find the vessel required? (1 Marks)
4) What type of cargo ship is required for this amount of the shipment? (1 Marks)
5) What type of terminal is required for the discharging of the shipment in Majishan Port-China? (1 Marks) 6)
List and explain main required equipment to discharge the cargo in Majishan Port-China. (2 Marks) 7)
Please, list at least four factors to be considered regarding the terminal warehouse and storage area, explain your reasons.

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