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Some brokerage firms have developed into large companies, incorporating departments specialising in shipping's various sectors, e.g. Dry Cargo Chartering, Tanker Chartering, Container Chartering, Sale & Purchase, Demolition, Futures and Research; other "boutique" shipbroking firms concentrate on specific sectors of the shipping market.
The sale and purchase of ship is an important aspect of the shipping industry.It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining.
The company brokers vessels for some of the world's largest producers and traders of natural resources. [15] Clarkson Research Services focuses primarily on the collection, validation, analysis and management of data about the merchant shipping and offshore markets. [ 16 ]
A shipping agency, shipping agent, or ship agency is the term used to refer to the appointed companies that handle operational and procedural (legal) requirements for a commercial vessel's call at a port for the purposes of cargo handling (loading/discharging), emergency calls, repairs, crew changes, or ship demolition, and protect the general interests of their principals on behalf of ship ...
Tramp ship owners and tramp ship charterers rely on brokers to find cargoes for their ships to carry. [1] A broker understands international trade conditions, the movements of goods, market prices and the availability of the owner's ships. The Baltic Exchange, in London, is the physical headquarters for tramp ship brokerage. [1]
The brokerage eToro was founded in 2007 with the goal of simplifying investing for a broader audience. From its early days, eToro focused on social trading, which was a massive hit with its client ...
A yacht broker is a specialist who serves yacht or boat sellers and/or buyers as a representative for the sale or purchase of a yacht or boat. The yacht broker is paid an agreed commission by the seller to market the yacht for sale, field interest and inquiries from buyers, handle negotiations, attend inspection and water trial and ultimately, if successful, to attend delivery.
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