What is shipbroking?
This is a career path that involves being an intermediary between shipowners and charterers. It is a potential paying business. It is a known business where a shipbroker tries to negotiate and attempt to seal a deal between buyers and sellers of a ship for some commission in return. Shipbrokers needs to be informed of the market and be ready at any time just in case a deal comes through. This means the shipbroking business is demanding and calls for a lot of hard work.
What is ship chartering?
Ship chartering involves a ship owner renting their ship vessels to a charterer. The process involves an agreement between a ship owner and cargo owner for him to transport his cargo from one place to another. A charterer acts as an intermediary between the shipowner and the cargo owner to make the business perfect. A charterer can be an individual working on his own or a person belonging to a certain chartering business. For example, with an import broker, you can get a good deal to transport your imports from the country you bought to the destination country. Experience a transparent and open transaction with them while providing the best import brokerage services.
What are the responsibilities of a shipbroker?
- The main responsibility of a shipbroker is to provide intermediaries between the shipowner and the cargo owner. He lays good deals on the table for the two to agree on based on his experience on the work and gains some commission once the deal is done.
- Handles purchase, a ship brokerage, cargo and import brokerage, marketing of ship to charterers, tanker brokering. However, some shipbrokers will choose to concentrate on one specific field.
- Keeping records of the transaction and the tonnage in your company database for future reference. This prevents any risk when a cargo owner claims their products were not delivered.
Advantages of having a ship brokerage business.
When you frequently work on imports and exports from different countries, then you at least know the benefits of a shipbroker.
- They negotiate a better deal for you.
Shipbrokers understand the business in the ports better and will likely negotiate a good price for you.
- Ensure your cargo is delivered to your destination.
A ship brokerage company will keep track of your cargo till it reaches your destination. This will save time and energy involved in keeping track on your own.
