#Shipbroking Market

[shradhacmi]

Shipbroking Market Is Estimated To Witness High Growth Owing To Bollore Logistics and Cathay Pacific Airways Limited.

The global shipbroking market is estimated to be valued at USD 1.34 billion in 2021 and is expected to exhibit a CAGR of 2.91% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. Shipbroking refers to the activity of acting as an intermediary between shipowners and charterers for the hire or charter of a ship. It involves negotiating and finalizing contracts and agreements for the transportation of goods via sea. Shipbrokers play a crucial role in facilitating global trade and ensuring efficient logistics and supply chain management. Market Dynamics: Driver 1: Bollore Logistics and the Increasing Demand for Global Trade Bollore Logistics is one of the key players operating in the global shipbroking market. The company offers a comprehensive range of marine services, including ship brokering, ship chartering, and freight forwarding. The increasing demand for global trade is driving the growth of the shipbroking market. As international trade volumes continue to rise, there is a growing need for reliable and efficient transportation solutions. Shipbrokers play a vital role in connecting shipowners with charterers, ensuring smooth operations and optimal utilization of shipping capacities. Driver 2: Cathay Pacific Airways Limited and the Growth of E-commerce Cathay Pacific Airways Limited is another important player in the shipbroking market. The company operates a fleet of cargo aircraft and offers a wide range of airfreight services. The growth of e-commerce has led to a surge in demand for efficient and reliable logistics solutions, including airfreight and shipping services. Shipbrokers, like Cathay Pacific, help facilitate the transportation of goods from manufacturing hubs to consumer markets, ensuring timely delivery and customer satisfaction. SWOT Analysis: Strengths: 1. Strong global trade network 2. Established partnerships with shipowners and charterers Weaknesses: 1. Dependence on economic and political stability 2. Vulnerability to fluctuations in fuel prices Opportunities: 1. Growing demand for green shipping solutions 2. Expansion into emerging markets with high growth potential Threats: 1. Intense competition from other shipping and logistics companies 2. Volatility in the global economy and trade policies Key Takeaways: Market size related content: The global Shipbroking Market is expected to witness high growth, exhibiting a CAGR of 2.91% over the forecast period, due to increasing demand for global trade and the growth of e-commerce. Shipbrokers, such as Bollore Logistics and Cathay Pacific Airways Limited, play a crucial role in facilitating international trade and providing efficient logistics solutions. Regional analysis: The Asia-Pacific region is expected to be the fastest-growing and dominating region in the shipbroking market. The region's strong manufacturing base, growing consumer market, and increasing investments in infrastructure development are driving the demand for shipping and logistics services. Key players related content: Key players operating in the global shipbroking market are Bollore Logistics, Cathay Pacific Airways Limited, CEVA Logistics, Air China Ltd, Deutsche Lufthansa AG, DHL Express (Deutsche Post), FedEx Corporation, Korean Air Co., Ltd, and Singapore Airlines. These companies have extensive networks, industry expertise, and strategic partnerships, giving them a competitive edge in the market.

[allthebrazilianpolitics]

Brazil’s Iron Ore Exports on the Rise in 2023

The Brazilian iron ore market has improved during 2023, with exports on the rise, much to the delight of the dry bulk market. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Aug 2023, global loadings of iron ore increased by +4.0% y-o-y to 1,028.8 mln tonnes, from 988.9 in the same period of 2022, based on Refinitiv vessel tracking data. It is also just above the 1,020.9 mln tonnes loaded in Jan-Aug 2021, which was the last all-time record. Exports from Australia increased by +2.5% y-o-y in Jan-Aug 2023 to 598.9 mln tonnes, easily a new alltime record high. From South Africa volumes have been down -4.3% y-o-y to 36.6 mln t in Jan-Aug 2023. From Canada, export volumes were up +4.3% y-o-y to 34.2 mln t in JanAug 2023. India also saw an increase of +67.7% y-o-y to 22.8 mln tonnes”.

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[pacificmaritimegroup]

  Barge Charter Service

As specialists, we’re involved in the chartering of flattop barges, hold barges, rock barges, accommodation barges, semi-submersible barges and related specialized marine equipment. Our relationships with a global database of client owners. Gives us a real competitive edge in offshore vessel rental. Just click on the barge sub-categories you’re interested in to see a selection of what we have available for charter. This is only a selection. Chartering vessels and specialist marine equipment is a core service. Whether you’re looking for a short-term charter or a complex spread of vessels for a large project on the other side of the world, we provide a reliable, cost-effective service. We also help owners find charter work for their vessels - manned crane barge.

Quickly and confidentially find the right vessels to meet your requirements. We’ll search the market through our extensive network of owners. Provide innovative solutions to your operational and logistical challenges. We have a depth of experience, plus our shipbrokers speak various languages and travel extensively, which means we’re always up to date with the key players and developments in our specialist, dynamic market - manned coi barge.

Support you throughout your vessel chartering. We support both sides, owners and charterers, from the negotiation of charter rates and contract writing, through to operational issues and the charter’s successful conclusion. We often have exclusive access to vessels for charter that owners don’t want on the open market.  We’re a plucky family ship brokerage, punching above its weight, and we’re proud to be able to play an essential role in sizeable marine projects of international significance.

Our values underpin our business, guide our everyday work and inform our future decisions. We are prepared to uphold these values at all costs and to be challenged when we contravene them. Our up-to date vessel knowledge and market experience will deliver you a well-researched, accurate and professional valuation of your vessel. For more information, please visit our site https://www.Pacificmaritimegroup.com/

[naveendsw]

Shipbroking Market Size, Share, Analysis 2030

Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=640166

[seojobnet-blog]

Ship Sales Fall in 2023 | Maritime Union Of India

Activity in the S&P market was below 2022 levels, during the past year. In its latest weekly report, shipbroker Xclusiv said that “a total of 1,256 sales had taken place in the dry and tanker markets as of December 20th, representing a nearly 10% decline compared to the same period in 2022. More specifically, in the dry market, a total of 632 vessels changed hands within 2023, compared to 711 bulk carriers in 2022. The Handysize and Supramax sectors drove the dry S&P activity in 2023, with 149 and 142 sales respectively, followed by the Capesize sector with 98 sales. Although the number of transactions decreased for most sectors in 2023 compared to 2022, the buying appetite for Capesize, Ultramax, and Newcastlemax vessels increased significantly.

The shipbroker said that “during 2023, Capesize and Newcastlemax sales stood at 98 and 19 respectively, with both nearly doubling their sales volume compared to the previous year. In the Ultramax sector, 70 sales were recorded in 2023, representing an almost 10% increase compared to 2022. There was also a slight increase in the sales of vessels aged 0-5 years old, with 48 sales in 2023 compared to 34 sales in 2022. Conversely, the sales of older vessels (over 21 years old) decreased significantly, with just 31 sales in 2023, representing a decline of nearly 67%. Similarly, to 2022, the age group with the most transactions in 2023 was the 11–15-year-old group with 286 sales, followed by the 6-10 age group with 149 sales”. Xclusiv added that “on the tanker market, in 2023, the S&P activity eased from the 27-year high reached in 2022, with 618 sales recorded, representing a nearly 11% decline compared to the previous year. The MR2 and Aframax/LR2 vessels were the most sought-after, accounting for 269 transactions. Despite the slowdown in most segments, the MR2, Panamax/LR1, and VLCC segments bucked the trend, increasing by 11%, 17%, and 15%, respectively, year-on-year. While sales declined across almost all age groups, with drops of 25%, 28%, 11%, and 5%, respectively, for the 0-5, 6-10, 11-15, and 16–20-year-old groups, there was a significant increase (57%) for vessels aged 21+ years old. Greeks and Chinese were the primary buyers in 2023, acquiring 61 and 63 vessels, respectively. UAE and Turkish buyers followed with 53 and 37 sales. Greeks were also actively sellers, with 127 sales, with 68 of those vessels belonging to the 16–20-year-old group”.

Get More Info : Marex

Website : https://www.seajob.net/

Contact Us : Sailor Job

[happyllamaconnoisseur]

Shipbroking reports

Agora-Period-Fixtures-Weekly-Report-Week-19Download Intermodal-Report-Week-17-2023Download Athenian-SP-Market-Report-Aug-2023Download Xclusiv-Weekly-Report-04-Sep-2023Download Bright-Moon-SNP-Report-31-Aug-2023Download Bancosta-Weekly-2023-Week-35Download 2022.09.14-Talos-Energy-Pareto-Securities-EnergyDownload

[lmitraining]

Shipbroking and Chartering Online Training course

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.

To find out more or book this course, click below:

Shipbroking and Chartering

[technotale]

"Navigating the Seas of Shipbroking: An Introduction to the Industry"

Shipbroking is a profession that involves the negotiation and arrangement of maritime contracts between ship owners and charterers. Shipbrokers act as intermediaries between the two parties, providing expertise and advice on matters such as freight rates, shipping routes, and cargo types. Shipbroking is an essential part of the global maritime industry, facilitating the movement of goods and commodities across the world's oceans. With the complexity and size of the shipping industry, shipbrokers play a critical role in ensuring that the industry operates smoothly and efficiently.

One of the main benefits of shipbroking is the ability to provide expert advice on shipping contracts. Shipbrokers are highly knowledgeable about the maritime industry, and they can provide valuable insights into market trends, freight rates, and shipping routes. This allows ship owners and charterers to make informed decisions about their shipping needs, ensuring that they get the best possible deal on their contracts. Shipbrokers can also help to negotiate disputes between ship owners and charterers, ensuring that contracts are fulfilled, and both parties are satisfied with the outcome.

Another important benefit of shipbroking is the ability to facilitate the movement of goods and commodities across the world's oceans. Shipbrokers play a critical role in arranging the transportation of goods from one location to another, ensuring that they are delivered safely and on time. This is essential for the global economy, as the shipping industry is responsible for transporting the majority of the world's goods and commodities. By providing expertise and advice on shipping contracts, shipbrokers can help to ensure that the shipping industry operates smoothly and efficiently, benefiting businesses and consumers alike.

In conclusion, shipbroking is a critical profession that plays a vital role in the global maritime industry. Shipbrokers provide expert advice and facilitate the negotiation and arrangement of maritime contracts, ensuring that the shipping industry operates smoothly and efficiently. With the ability to provide valuable insights into market trends, freight rates, and shipping routes, shipbrokers play a critical role in ensuring that ship owners and charterers get the best possible deal on their contracts. By facilitating the movement of goods and commodities across the world's oceans, shipbrokers contribute to the global economy and benefit businesses and consumers around the world.

Read more @ https://techinforite.blogspot.com/2023/04/the-future-of-shipbroking-emerging.html

[agreenroad]

Seaborne Crude Oil Loadings Proper Tanker Market to New Highs | Hellenic Shipping News Worldwide

Seaborne Crude Oil Loadings Proper Tanker Market to New Highs | Hellenic Shipping News Worldwide

According to Banchero Costa, “Russia is the second largest seaborne exporter of crude oil in the world after Saudi Arabia, accounting for 11.1% of global shipments so far this year. In the first 8 months of 2022, Russia managed to ship 148.4 mln tonnes of crude oil (excluding domestic cabotage), up +16.1% year-on-year. The shipbroker added that “about 68% of crude oil shipped from Russian ports…

[international-daily-news]

CAPITAL TO SEEK SANCTIONS AGAINST AISSOT AND ITS EXECUTIVES AFTER SECURING RELEASE OF ARRESTED VLCC

Greek ship owner and operator Capital Ship Management Corp. plans to pursue sanctions against Al-Iraqia Shipping Services & Oil Trading (AISSOT) and its relevant executives. The move is being announced on the heels of a charter termination by AISSOT for six crude carriers, including one VLCC which was arrested by the Iraqi company as security for “for unsubstantiated market-related damages”.

In its latest update, Capital said that the vessel, M/T Andronikos (ex Anbar) was promptly released from arrest in Singapore after the Owners’ P&I Club posted security and has resumed trading.

At the time AISSOT terminated the charter, the M/T Andronikos had approximately another six years duration remaining under that bareboat charterparty, the Greek shipowner said.

“At the time of the termination, the charter rates published by established shipbrokers for a five-year time charter, adjusted for bareboat business by excluding OPEX, were below the rate under the relevant charter party, demonstrating that at the time of redelivery AISSOT had suffered no damages, and they were instead hoping to make a gain by redelivering the vessels,” Capital Ship Management said in a release.

“However, in its evidence before the Singapore court, AISSOT presented rates which it described as a ‘Fearnleys Bareboat Charter Assessment’, which were not only misleading, but also transpired to be just informal email correspondence between an AISSOT executive and a Fearnleys AS shipbroker, and which were used in court proceedings without Fearnleys AS prior knowledge or authority.”

Capital concluded by saying that it chose to publicly inform the market of the situation “in order for market players to have a better understanding of the situation and leave it to the market to assess AISSOT’s performance and tactics.”

AISSOT’s termination of charter and redelivery of vessels in February 2020 was preceded by a dispute with Capital as the Greek company insists AISSOT failed to comply with certain protective clauses of the respective charter parties.

As a result, the dispute was referred to arbitration.

AISSOT continued to employ the vessels pending the outcome of the arbitration, however, the company eventually decided to redeliver the ships citing dire market conditions.

[marketresearchandreports]

The shipbroking market is expected to grow at a CAGR of 1% during the forecast period. This market growth can be attributed to various factors including Demand for key value addition in shipping process, Growth in the global economy, and Increased demand for seaborne trade.

[seojobnet-blog]

Ship Recycling Enters “Slow Season” Mode | Offshore Jobs

The ship recycling market has experienced slow activity as the Diwali festivities took over. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week, the recycling market remained fairly inactive as the Diwali festivities were in full swing. There does however seem to be some spring in sentiment from the recycling yards following the continued shortage of supply of tonnage which is resulting in improved indications. The Indian recyclers continue to lead the way in pricing, but it will be interesting to see how the domestic steel markets open on Monday ‘post-Diwali’ and how the sentiment of the Buyers is reflected from then onwards. Activity from the Bangladeshi and Pakistani markets remain limited as the ongoing issues opening Letters of Credit is still unresolved and these financial difficulties look set to continue into the New Year”, the shipbroker said.

In a separate note, Allied said that “the recycling market continued on a slightly quieter pace, in part as a consequence of Diwali celebrations. One sizeable sale emerged, in the form of the ‘SAMC Eddie’ of 24,181 LDT, with delivery in January. Considering how close the $505/LDT is to the current market, this suggests some confidence in prices over the coming two months, particularly in light of the ‘as is’ nature of the sale. This might not be a bad assessment, given that there have been some beneficial scrap and steel price movements across the Indian Sub-continent, with breakers in India poised to benefit from positive movements in global steel markets, even if domestic price changes have not all been in their favour.

Get More Info : Sailor Job

Websites : https://www.seajob.net/

Contact Us : Marine Recruitment India

[wiseguy05]

Shipbroking Market 2019 Global Technology, Consumption, Segmentation, Growth, Development, Trends and forecasts to 2025

[the-paintrist]

Thomas Ellerby - Portrait of John Wilson Carmichael - 1839

oil on panel, height: 25.7 cm (10.1 in); width: 20.2 cm (7.9 in)

South Shields Museum & Art Gallery, UK

Thomas Ellerby (10 January 1797 - 4 April 1861) was an English portrait artist whose work included 72 paintings chosen for hanging at The Royal Academy of Arts exhibitions from 1821 until 1857. He remained active as a painter until the end of his life.

James John Wilson Carmichael (9 June 1800 – 1868), also known as John Carmichael was a British marine painter.

Carmichael was born at the Ouseburn, in Newcastle upon Tyne, Northumberland, on 9 June 1800, the son of William Carmichael, a ship's carpenter. He went to sea at an early age, and spent three years on board a vessel sailing between ports in Spain and Portugal. On his return, he was apprenticed to a shipbuilding firm.  After completing his apprenticeship, he devoted all his spare time to art, and eventually gave up the carpentry business, setting himself up as a drawing-master and miniature painter. His first historical painting to attract public notice was the Fight Between the Shannon and Chesapeake, which sold for 13 guineas (£13.65). He then painted The Bombardment of Algiers for Trinity House, Newcastle, for which he received 40 guineas; it is still at Trinity House, along with The Heroic Exploits of Admiral Lord Collingwood in HMS "Excellent" at the Battle of Cape St. Vincent, painted in collaboration with George Balmer. Another important early commission was for a View of Newcastle for which the city corporation paid him 100 guineas. During the redevelopment of the centre of Newcastle, Carmichael worked with the architect John Dobson to produce some joint works, including paintings with designs for the Central Station and the Grainger Market.[4] He also collaborated with John Blackmore to produce an illustrated book: Views on the Newcastle and Carlisle Railway in 1836.

His name first appears as an exhibitor in 1838, when he contributed an oil painting, Shipping in the Bay of Naples, to the Society of British Artists. He showed both oil paintings and watercolours at the Royal Academy, his contributions including The Conqueror towing the Africa off the Shoals of Trafalgar (1841) and The Arrival of the Royal Squadron (1843).

He lived in Newcastle until about 1845, when he moved to London, where he was already known as a skilful marine painter. In 1855, during the Crimean War he was sent to the Baltic to make drawings for The Illustrated London News. His painting of the bombardment of Sveaborg, which he witnessed during this assignment, was exhibited at the Royal Academy and is now in the collection of the National Maritime Museum.

He later moved to Scarborough, where he died in 1868.

He published The Art of Marine Painting in Water-Colours in 1859, and The Art of Marine Painting in Oil-Colours in 1864.

His daughter Annie married William Luson Thomas son of a shipbroker and a successful artist who, exasperated by the treatment of artists by the Illustrated London News, founded in 1869 The Graphic newspaper which had immense influence within the art world.

[lmitraining]

Online Shipbroking and Chartering Training course

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.

To find out more or book this course, click below:

Shipbroking and Chartering