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Sparkman & Stephens is a naval architecture and yacht brokerage firm with offices in Newport, Rhode Island and Fort Lauderdale, Florida, USA.The firm performs design and engineering of new and existing vessels for pleasure, commercial, and military use.
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.
International Boat Industry (2002). The Yearbook 2002. IPC Country & Leisure Ltd. International Boating Business Magazine. Issue 377, February - March 2011. IPC Media. Finnboat News. Issue 04, 2011. Published by the Finnish Marine Industry Association Finnboat and produced by Oy Sea-Kari Ab, Helsinki. Båtbranschen. Issue 06, 2010.
The Boat, Yacht and Allied Trades Association was formed in 1913 with the aims of promoting and protecting its members, promoting or opposing government legislation and helping companies in monetary and legal matters. By 1919, the Association had 108 Full and 74 Associate members and a full-time secretary.
The purpose of IFSMA is to bring the Shipmasters' views on matters of marine safety, maritime security and protection of the marine environment to recognition at the required level and, at the same time, to forge a more exclusive and professional status for Shipmasters, one based upon their professional responsibility toward both shipowners and ...
Tanker brokers similarly negotiate maritime contracts, known as charter parties. The main terms of negotiation are freight/hire and demurrage. Oil being a fast moving trade, freight rates for crude oil tanker charters are most commonly based on the Worldscale Index; the Worldscale Association publishes flat rates annually. [3]
Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.
The Marine Engineers' Beneficial Association (MEBA) is the oldest maritime trade union in the United States still currently in existence, established in 1875. MEBA primarily represents licensed mariners , especially deck and engine officers working in the United States Merchant Marine aboard US- flagged vessels .