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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.
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 ...
To reduce the number of disputes and smoothen the sale and purchase procedure, normally the ship-owner (seller) and the buyer will appoint brokers as middlemen to handle the transaction. There are three main stages for the sale and purchase of a ship which include: (1) the negotiation and contract stage, (2) the inspections stage, and (3) the ...
This list of freight ship companies is arranged by country. Companies listed own and/or operate bulk carriers , car carriers , container ships , Roll-on/roll-off (for freight), and tankers . For a list of companies that own and operate passenger ships ( cruise ships , cargo-passenger ships , and ferries ), see List of passenger ship companies .
In the 1850s the business involved sailing ships, but by the 1860s the company was chartering steam ships. [7] In 1872 Clarksons became shipowners with the acquisition of three schooners. [7] The company became the world's largest tanker broker in 1929 when Esso appointed Clarksons as its exclusive shipbroker. [7]
This page was last edited on 19 November 2024, at 08:49 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 Baltic ...
The Institute of Chartered Shipbrokers (ICS) is a professional and learned society for all members of the commercial shipping industry worldwide. After being founded in 1911 in London, the ICS was granted a Royal Charter in 1920.
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