What is a Charterparty? Which type of Charterparties are used for which trade? How is a ‘Fixture’ concluded? Loadport, Dischargeport, Cargo, Quantity, Quantity option, Berths to be used, Freight, Demurrage, Law, are a few of the key details of a Fixture these and other related matters such as Nominations, STEM, Receivers approval and Freight payment clauses are discussed to clarify the complexity of Chartering cargo space.