The Shipbroker acts as an intermediary between two parties in the shipping industry. There are two types of Shipbrokers- Chartering Brokers and Sales and Purchase Brokers.
A Chartering Broker acts as an intermediary between charterers and cargo owners, whose key role is to arrange the transport of goods and commodities by sea, and the employment of vessels for that purposes. He/She monitors freight, ship hire and cargo rates and analyses reports on sales and freight earnings to monitor the business’ key performance indicators and results.
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