Ad
related to: ship broker in malaysia price
Search results
Results from the WOW.Com Content Network
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 .
During any negotiation, minor disputes may occur, which are to be handled in accordance with market fluctuation, i.e. the market may be moving in favor of the buyer (vessel price is softening) or in favor of the seller (vessel price is strengthening) giving each party a potential reason to cancel the transaction. When shipbrokers act on behalf ...
In some cases, a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, the freight rate. Freight rates may be on a per-ton basis over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers). Alternatively may be expressed in terms of a total ...
The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.
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 .
A New York-based auto shipping broker has been ordered to pay over $21,000 in fines and restitution after being accused of pricing gouging a Kansas customer.
The exchange provides daily freight market prices and maritime shipping cost indices which are used to guide freight traders as to the current level of various global shipping markets, as well as being used to set freight contract rates and settle freight futures (known as Forward Freight Agreements or FFAs).
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Ad
related to: ship broker in malaysia price