Business Studies, asked by sarthakcocth4690, 11 months ago

Who is shipping brokers and types of shipping brokers?

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Answered by Anonymous
0

Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators (i.e. brokers) between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.

Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators (i.e. brokers) between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.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.

Answered by sharvaridhawad
0
ship broker. A person who acts as the agent for a ship owner and is responsible for the business of the ship including obtaining cargo and passengers, permits, insurance, embarking and debarking. Ship broker can also refer to a person in the business of selling ships.
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