Role of Vessel Sharing Agreements (VSA) in Shipping

Vessel Sharing Agreements optimize fleet usage and reduce costs in maritime transport

Vessel-sharing agreements in shipping are legal contracts between various shipping companies or carriers that foster collaboration in the maritime industry. Every shipping company, big or small, has its resources, including machines, vehicles, equipment, and laborers. While some companies have limited or scarce resources, others have sufficient or abundant resources. VSA allows companies to share their […]