Who contracts, who invoices, who gets paid

Your contract with the provider

The vessel owner, carrier, freight operator or specialist logistics provider appointed for a movement contracts directly with the client. That contract, charter party or service agreement defines the provider's scope, price, operating responsibility and payment terms.

The provider invoices the client directly for freight, hire, transport, handling or other services it performs. The client settles those invoices directly with the provider. Poseidon does not collect those amounts on the provider's behalf.

How Poseidon is paid

Poseidon receives an agreed brokerage or coordination commission from the appointed provider. On a vessel fixture, the commission may be recorded in the recap or charter party. On other transport arrangements, the commission is governed by the commercial agreement between Poseidon and the provider.

The client does not receive a separate brokerage or coordination invoice from Poseidon. Poseidon's commission does not change which party performs the transport or carries the operational responsibility under the provider contract.

The provider presents its total commercial terms to the client before appointment. The client reviews and accepts those terms directly with the provider.

Where a qualifying introduction is governed by a written introducer agreement, Poseidon may pay a referral fee after receiving the commission to which that introduction relates. The referral fee is settled between Poseidon and the introducer and is not invoiced separately to the client.

No client freight funds

Poseidon coordinates commercial and operational communication but does not act as a payment intermediary. In particular:

• Poseidon does not hold customer balances.
• Poseidon does not safeguard customer assets.
• Poseidon does not operate customer accounts.
• Poseidon does not collect freight or transport charges for providers.
• Poseidon does not transmit client funds to carriers or other third parties.

Verifying payment instructions

Provider invoices and payment instructions should be verified against the relevant charter party, transport contract or service agreement. A request to redirect payment to a different beneficiary should be confirmed using contact details already held for the provider.

Poseidon will not ask a client to route a carrier's freight or transport payment through Poseidon. If a message appears to do so, treat it as suspicious and contact chartering@poseidonbrokerage.com using a separate channel.