Build your understanding of the components, the terminology and the dynamics of ship broking and chartering, and confidently clarify many of the misconceptions that surround it.
Shipbrokers are the key to a transaction between a ship owner and the shippers of cargo.
The broker is involved in many stages of a deal: presenting the business to potential clients, negotiating the main terms of a contract, finalising the details of the contract and following the deal through. Brokers provide clients with market intelligence and advice.
Charterparties are one of the key contracts used by brokers in the shipping industry – an industry worth billions of dollars. They are complex and detailed contracts, and using them with clarity and confidence will provide definite commercial advantage.