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.
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of his/her vessel to a charterer.
Port Agency Operations
The agent is like a control tower for a ship’s port call, co-ordinating local scheduling and logistics with the key players — the owner, charterer, shipper, receiver, terminal, and, of course, the ship.