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Shipbroker

Shipbroker. The shipbroker acts as an intermediary between charterers, shippers and consignees of cargo on one side and the shipowners or carriers by sea on the other. The principal functions of a shipbroker are:

(a) Fixing of carters for cargo liners and tramp vessels (chartering brokers)

(b) Acting as chartering agents for large trading concerns

(c) Negotiating the sale or purchase of ships.

 

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