Cargobiz

Cargobiz.com, an independent global business-to-business Internet trading exchange for the shipping industry.

cargobiz.com provides a simple, user friendly medium to conduct a modified reverse auction where ship owners or their brokers can bid on one or a number of active orders. The cargobiz.com platform offers an easy means of placing an order for auction. When the auction deadline is reached, the charterer or his broker can freely choose one of the bids tendered - which need not necessarily be the lowest. cargobiz.com covers the complete transaction process - from the initial matching to the final agreement, including drawing up the Charter Party and associated post fixture work.