what is Ship Broking?
A Shipbroker is a person or entity who arranges transportation of goods by sea arranges employment of a vessel or sells and buys ships on behalf of her clients. A shipbroker acts as an intermediary between ship owners and charterers or the buyers and sellers of ships.
A shipbroker maybe part of a
There can be an extended ‘chain’ of brokers (occasionally only one) between the two principals. Each broker involved in the negotiations receives a commission on the gross freight or hire earned by the
Various shipping business activities which now operate under the general heading of
- Dry cargo chartering
- Tanker chartering
- Ship sale and purchase
The actions that a Shipbroker takes during the negotiations and servicing is different for