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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 ...
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.
Looking northwest across MOTBY (with USS Intrepid in foreground), Port Jersey, Greenville Yard, and Claremont Terminal. Port Jersey, officially the Port Jersey Port Authority Marine Terminal and referred to as the Port Jersey Marine Terminal, is an intermodal freight transport facility that includes a container terminal located on the Upper New York Bay in the Port of New York and New Jersey.
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from French charte partie 'parted document').
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [ 2 ]
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.
Name Built In service Tonnage Notes Atlantic Star: 2015: 2015-100,430 GRT Atlantic Sail: 2016: 2016-100,430 GRT Atlantic Sea: 2016: 2016-100,430 GRT Atlantic Sky: 2017
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