Most importantly which ship owner to call so as not to delay the whole cycleĪ charterer or ship owner expects any Shipbroker worth his salt to have such level of awareness and provide some initial rate/vessel idea.The real chances of finding suitable tonnage quickly and.If it will be possible to avoid or reduce address commission as it influences final freight rateĪrmed with these details I go into the market looking for a ship, but as a professional Shipbroker I already know :.If there are any possibilities to improve loading/discharging rates.If the shipper is known I check with them whether the cargo is in port or when it is expected to arrive.Last few shipments of this charterer, business address and contact details, person in charge.Loading and discharging rates according to Charterer’s sales contracts.Type of cargo, quantity, stowage factor.The charterer has just secured a sales contract for, say movement of coal in bulk, and is looking to conclude a charter party, so he urgently needs a ship.įirst and foremost, I need to gather following information from the charterer before going into the market : The process usually starts with a call from a principal (in our case it is the charterer). But considering the fact that a Shipbroker works with many clients and many contracts simultaneously, the daily operations could include all items from this list. In this article we will consider in detail a typical business day of a dry cargo Shipbroker (written in 1st person) and the actions that a Shipbroker takes during the negotiations and servicing of a single voyage.īear in mind that the process of “fixing” a vessel definitely takes more than 1 day, some running into a few weeks depending on the urgency of the deal. Various shipping business activities which now operate under the general heading of ship broking, may be divided into three main “disciplines”:
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