Friday, March 20, 2009

Yes ! I want to be a shipping broker. I cannot say i LOVE this career but i think i know 80% of this career. Basically because a lot of my family members are working in that industry and i kinda think it is cool to be a broker. Of course i have dreamt of becoming a model, journalist, DJ and even artist. Maybe because these jobs look cool and their job seems a lot easier. Realistically, i know nothing about the job. I mean it is hard to know a job by just research about it right? So, that's why i choose broker for the moment.





And here is some research i that did...

Shipbroking is an activity which forms part of the international shipping industry. Shipbrokers are specialist intermediaries between shipowners and the charterers who use ships to transport cargo, or between buyers and sellers of ships.
Larger Broking firms have separate departments specialising in Dry Cargo Chartering, Tanker Chartering, Containers, Sale & Purchase and sometimes also Demolition sales and Research. Major shipbroking centres include
London, Oslo, Piraeus, New York, Houston, Hamburg, Copenhagen, Singapore, Tokyo, Hong Kong and Shanghai. Although some brokers cover more than one discipline, most shipbroking activity can be divided as follows:
Contents[
hide]
1 Sale and Purchase
2 Dry Cargo Broking
3 Tanker Broking
4 Container Broking
5 References
6 External links
//

[edit] Sale and Purchase
S&P brokers handle the buying and selling of existing or new ships (called
newbuildings in industry parlance). S&P brokers discuss opportunities and market trends with shipowners, report on sales, value vessels, calculate freight earnings, advise on finance and try to find ships for specific employment opportunities. When a ship is sold, brokers usually negotiate on behalf of the buyer and seller on price and terms and also provide a route to resolving any disputes which might arise. Some S&P brokers specialise in the sale of ships for scrapping, which requires a different set of skills.

[edit] Dry Cargo Broking
Dry cargo brokers are typically specialists in the chartering of
bulk carriers, and are appointed to act either for a ship owner looking for employment for a ship, or a charterer with a cargo to be shipped. Dry brokers typically maintain large databases of vessel positions, cargoes and rates and pay close attention to the direction of the markets so that they can advise their clients accurately on how to maximise profits or minimise expenses. This area of business is often sub-divided into size classes of bulkers - capesize, panamax and handysize are the main sectors. Each sector involves different cargoes, trade routes, owners and charterers and dry brokers tend to specialise in one of these sectors.

[edit] Tanker Broking
Tanker brokers specialise in the chartering of
tankers, which requires an entirely different set of skills and knowledge to dry cargo broking. Tanker brokers may specialise in crude oil, gas, oil products or chemical tankers.
Tanker brokers negotiate maritime contracts which are known as Charter Parties. The main terms of negotiation are freight/hire and
demurrage.
Freight or Hire rate (when a time charter) for crude oil tankers is based on universal calculations assessed once a year know as
worldscale. For specialist ships, such as LNG tankers, where the charter market is smaller, prices are agreed at a fixed rate between the parties.

[edit] Container Broking
Container brokers specialise in the chartering of
container ships and provide container ship owners and charterers with market-related information.
Brokers
If you're looking on the Internet for a car shipper, the companies you see will most likely be brokers, like National Car Shipping. Brokers have access to hundreds of transporters and can generally accommodate you on any location you may need service to or from. They can also assist you with paperwork required in transporting a vehicle and can use their experience to guide you through the process. Brokers also are required to keep insurance and authority records of the transporters they use on file. They usually cannot, however, give you an exact loading schedule for your vehicle at the time you book your vehicle shipment order. Since they do not own the trucks they cannot dictate what routes they run. They can provide you with estimated times for loading and delivery but until they know which transporter will be moving your car they won't be able to give exact dates. Since they move a lot of vehicles and can choose the best transporter for the route you need they can potentially offer lower rates. Brokers all have their own terms and conditions so be sure and read them carefully. (Here are ours.)
Both brokers and transporters are required to have federal authority to move vehicles across state lines. Transporters have minimum levels of insurance they must carry and brokers must carry a $10,000 bond. You can check the federal status of any carrier or broker at the Department of Transportation.

10 comments:

  1. Hi Maxin,

    Your research provided some information about the job. But I am not sure what are the skills and knowledge required? You may like to interview a family member to find out more?

    Choosing a career depends on person-job match (suitability) and personal interest.

    You might like to ask yourself the following questions:
    1) What are some of my strengths?
    2) What are some of my weaknesses?
    3) What are the opportunities available in the short term / long term?
    4) How about threats or potential problems that you foresee in this job/industry?

    Hope this will help sort out your thoughts. :)

    Cheers,
    Ms Jee

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  2. You really do alot of research on your career=)
    haha

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  3. Woah shipping broker!
    That's like a very cool job, C:

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  4. O.O Wow a ship broker. Really?

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  5. i've never expected that u would wanna be a shipping broker. haha i thought you would become a journalist or smth. haha shipping broker seems like a coool job haha :)

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  6. hello~

    Cool job. Never even heard of such a job before :p

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  7. I have phobia over water. Though I would not get sea-sickness.

    Yep, your job aspiration definitely sounds cool, but it seems very tough too. All the best for your journey towards the endless blue ocean!

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  8. I get sea sick very easy - i can like get a record of puking just from the smell of sea water :(

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  9. You have a lot of career that you persue.I think it is not beneficial as you may not have any sense of achievement or satisfaction. Hence, choose one career and aim for it. Mankitsu jukkou!

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  10. hey ma xin frm maxim..wonderful career u have choosen..astala bista babe ")

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