#TrumpTariffs Understanding Tramp Tariff in Shipping

In maritime trade, a tramp tariff refers to the freight rate charged by tramp ships — vessels that do not follow a fixed schedule or published routes, but rather go wherever cargo is available. Unlike liners, tramp ships operate on-demand and typically carry bulk goods like coal, grain, or ore.

Key Features of Tramp Tariffs:

Negotiable Pricing: Rates are often based on market conditions and can vary by cargo type, route, and availability.

Flexible Routes: Tramp ships don’t stick to specific ports or timetables.

Charter Agreements: Charges are typically settled through voyage or time charters between the shipowner and charterer.

This system allows greater flexibility and cost-effectiveness in bulk cargo transportation, especially when regular liner service isn't feasible.