Why choose shipbroking

Shipbroking is a complex profession. Whilst there are no formal entry qualifications you will need to possess many skills and attributes just to be considered for an entry-level position. Even gaining a basic knowledge of the shipping industry takes time. There are many aspects to the industry and you will need to do some research to help you choose your career path. Your research will also help you to appreciate the scale and depth of the profession - and, after all, being able to gather information is a hugely important part of being a broker.

Gaining experience in the shipping industry wherever you can will help your career prospects and demonstrate your dedication. Shipbroking is a demanding career and you will need to be extremely dedicated to succeed. In addition to hard work and commitment, you will need to have the right skills and personality - at the end of the day as much as being about ships, ours is a people business.

Successful careers in shipbroking begin with skilled counsel and guidance and our collective knowledge base is both wide and deep. This is one of the reasons we are successful in our field and why every year we look to hire talented individuals to become entry-level shipbrokers.

To be considered for an entry-level shipbroking employment opportunity you will need to be eligible under the Clarksons Trainee Broker Programme; or able to demonstrate that you have received technical training and relevant work experience in the shipping industry.

We only hire individuals who best demonstrate their commitment, talent and passion to become a successful member of our team. Post-Fixture — Discharging. Now I can sit back with that drink with an umbrella in it.. Oh wait, I am getting another call from another cargo owner looking for a ship..!! So as you can see, shipbroking is a demanding and often stressful career, but the rewards can be good for a successful shipbroker.

Shipbroking is a highly competitive field and as per some unconfirmed reports, indications are that there are far more Shipbrokers than shipowners or charterers in the world. A successful Shipbroker will therefore have to build a strong network of contacts around the world, behave ethically and morally and follow best practices. Fortunately there is a very useful solution which can assist you to do all of the above using an integrated system.

Pro is the first ship chartering marketplace system using which you can. Hello If cargo actually loaded on board MT, what is the total amount of charges and how much commission could the broker get from this chartering business? Hello Thanks for this very detailed post, its a boost for me. I want to learn more and grow in this business. What do you recommend for a newbie like me in this business. Very nice article thank you.

Is it possible, that one deal could be managed through more than one broker? Hi Ahmed, yes there are cases like that.. Hello Vimal, there is no minimum or maximum.. It depends on what type of cargo and vsls you fix and the commission you will get for it.. I have a record as a ship engineer. I have start to be intrested in cargo broking. I have no company yet. Sometimes i find cargo offer in databases and copy that information and send it to shipping owner with suitible vessels.

Sometimes i get answers sometimes not. At the moment i only helping the shipping owner and trying to learn, as i see it. Then if i see this cargo offer in the future must first contact the broker who post the offer to inform him about my reason or must i be in contact with the cargo-owner?

Hello Mikael, the best option for you would be to start working with a known broker and reach some agreement with the broker on your commission and learn more from there.. How does a Vsl owner believe a new ship broker? Hi Thanga, you need to build a relationship with the owners..

One question though Is is simply due to lack of awareness, or are there other factors? In todays terrible market - times are tough for newbies - mostly because oldies are stressed and agitated. But yes its no job for the faint hearted. Thats why the rewards are very high.

Hi there. Lack of Awareness is a biggie. Still when I say im a shipbroker people stare with a blank face. Stay in touch with the blog and ill be giving tips on how to get your foot in the door. Hello I want to learn from you, I bought 2 books from you and still need to learn more, Would you send me your phone number? Regards, Ahmed. Sorry but no phone number, no skype because im anonymous! I admire your enthusiasm. Nice blog pal, Im a crude oil futures trader and with the Nymex floor going down im trying to get involved in the physical side of the industry, and I think that shipbrokerage could be a good start..

Great blog, looking foward. Geoff Manneck. Thanks for the kind words. I will be putting together a comprehensive guide to getting into the industry in the most effective way.

Keep an eye out for updates. The big centres for the physical movement of wet crude products remain London, New York and Singapore. I've been trying to find a comprehensive list of Ship brokers so that I can get in touch with people and hopefully get an internship at the very least. Is there anything like this out there? Jonny I have a book called 'the shipbroker list'! Cheers VS. I think I am ready to move on and your blog seems to be the right place to start.

Heey Virstual Shipbroker, I have been in the field of port operations for more than 6 years or so. Please advise how difficult is to jump into shipbroker position Hey there! What a great blog, exactly what I needed!! Would you be so kind to help me by giving me some thoughts on something?

So after a long thought process and many conversations with friends from different industries, I have set my mind on going into Shipbroking! I'm 31, results-oriented, analytical, good with people and cultures, and speak 4 languages English, German, Norwegian, French. Also, ironically enough, I lived almost all my life in port cities Hong Kong, Sydney, Hamburg, Copenhagen, Oslo , so maybe that is an underlying trend that I didn't pick up on until now ; My questions are as follows: 1 Would you consider me, from an employer perspective, as an interesting profile to enter into shipbroking?

Thanks again for this brilliant blog, gave me some great food for thought!!! Hi Chris You have some great skills and assets. Dont just think about shipbroking though. Check out Inside Shipbroking. It will open up the world of possibilities!

Best Of luck VS. Hey there, Thx for you feedback! I'll make sure I pick up a copy of inside shipbroking for further research! Cheers, Chris. I would like to know how I can be a ship broker in Singapore. I would like to venture into this new career,out of my desire for ships and the marine. My background has been finance and Pr. Thanks, Nina. Do you contact major shippers and ask them and also are there any recourses that are industry specific to register your company like the baltic excg but without the costly subscription also what about resources for contacting banks templates-forms thanks a lot.

I have no idea how to change blog formats. Seems to hard but thanks for the tip You have lots of questions and there are many answers. Shipping is highly lucrative and contracts can be huge. Therefore if you see merit in baltic Exchange membership then you should think about taking it out.

Many of your other questions and more are answered in 'starting a shipbroking business'. Check it out when you get the chance Thank you for stopping in! Hi VS Thank you for such a well written blog.

I need some guidance from you. I am working as a Consultant in one of the Big 4 Consulting companies for around a year or so. However, my role here is neither challenging nor exciting. Recently, I received an offer after several rounds of discussion with a Shipbroking company. I am an engineer and have further completed my MBA.

Would the role of shipbroker be suitable for me as I have no experience in this field at all. I am sure that what you have explained in this article is exactly as per my tastes. Another question, I need some more explanation from you to the question that if it is a low entry barrier profession then why is the supply low. Finally, how much does one get paid as a percentage of deals they close?

Or is it not linked to the deals you do?