Dry Cargo Broking
Dry cargo brokers are typically specialists in the chartering of Bulk carriers, and are appointed to act either for a shipowner looking for employment for a ship, or a charterer with a cargo to be shipped. Dry cargo chartering brokers have to 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 as to how to maximize profits or minimize expenses. Dry cargo shipping can be categorized by Vessel size: namely, Bulkers such as Capesizes, Panamaxes and Handysize are the main sectors. Each size of vessel suits different types of cargo and trade routes. Thus owners, charterers and brokers tend to specialize in one or other of these sectors.
Read more about this topic: Shipbroking
Famous quotes containing the words dry and/or cargo:
“I know only one person who ever crossed the ocean without feeling it, either spiritually or physically.... he went from Oklahoma to France and back again ... without ever getting off dry land. He remembers several places I remember too, and several French words, but he says firmly, “We must of went different ways. I don’t rightly recollect no water, ever.””
—M.F.K. Fisher (1908–1992)
“Nitrates and phosphates for ammunition. The seeds of war. They’re loading a full cargo of death. And when that ship takes it home, the world will die a little more.”
—Earl Felton, and Richard Fleischer. Captain Nemo (James Mason)