This study aims to analyze the determinants of fleet charter costs through the variables of market uncertainty, shipping rates, financial capability, and cost structure. The study uses a qualitative approach with a systematic literature review (SLR) method on 30 national and internationally reputable scientific articles. Data are analyzed through the stages of reduction, presentation, and synthesis to produce a comprehensive conceptual model. This study contributes to the development of maritime transportation management literature with an integrative approach. Further research is recommended to test this model empirically using a quantitative approach and add other variables to improve the accuracy and generalization of the findings. The results of the study indicate that: 1) Market Uncertainty affects Fleet Charter Costs; 2) Shipping Rates affect Fleet Charter Costs; 3) Financial Capability affects Fleet Charter Costs; and 4) Cost Structure affects Fleet Charter Costs.
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