Shipping Brokers

 
Shipping Brokers are often the unsung heroes of the modern Shipping Industry
 
 

Shaan Marine Services Pvt. Ltd., As Brokers have direct contact with ship owners and cargo interests; we do work very closely with many associated brokers in fixing cargoes and vessels.

To receive our most recent vessel position list, please send an *email message to us referencing "vessels" and we will place you our list to receive position list on a regular basis. Please also put our E Mails to receive your vessel positions.

To receive a copy of our cargo list - please send an *email message to us referencing "cargo" and we will place you on our list to receive updates of available cargoes. Please also put our E Mails to send updates on available cargoes

*(In order for us to respond to your request, please include your Company name and location with phone & email contacts)

 
 

Following are the Vital Points which Shaan Marine Services Pvt. Ltd., As Brokers understands to fulfill and finalise deals

 

   

Ships

Cargoes and trade routes

Freight markets

Contracts

Bill of Lading

Chartering market practice

Financial elements of charter parties

Laytime

Calculations

General

   

 
 

 

 
Ships

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Shaan Marine Services Pvt. Ltd., As Brokers understands the fundamental differences between dry bulk cargo ships, general purpose ships, liners (container, break bulk and RoRo) and tankers.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the differences in the types of ships employed in dry cargo trades including Capesize, Panamax and Handy size bulk carriers, General Purpose (Tramps), Container, Ro/Ro, Ore/Bulk/Oil and Ore/Oil carriers, short sea and coastal traders.

Shaan Marine Services Pvt. Ltd., As Brokers understands the basic dimensions, design and construction details including decks, holds, hatches, derricks, winches, cranes and specialised cargo handling gear.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the terminology of measuring ships including dimensions, actual tonnages – deadweight (dwat & dwcc), displacement (total & light), pseudo tonnages – NT & GT, capacities – bale & grain cubic, TEUs.

Shaan Marine Services Pvt. Ltd., As Brokers understands what information is contained in Capacity, General Arrangement and Stowage Plans.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the central importance of ship classification, the importance of charterers’ inspections and questionnaires.
 

Cargoes and trade routes

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the nature, characteristics, hazards and stowage requirements of the four main dry commodities: Coal, Ore, Grain and Fertilizers.

Shaan Marine Services Pvt. Ltd., As Brokers understands the different sub-divisions within these categories and the trade routes that apply.

Shaan Marine Services Pvt. Ltd., As Brokers understands the nature and characteristics, main places of origin and appropriate trade routes of other important cargoes.

Shaan Marine Services Pvt. Ltd., As Brokers understands the stowage factors of goods and is aware of the importance of proper packing, angle of repose, ventilation and prevention of stowage hazards.

Shaan Marine Services Pvt. Ltd., As Brokers understands the use of alternative routes, the existence of seasonal variations and their impact on markets.
 
Freight markets

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the role of the different market practitioners: Charterers, Ship-owners, and Operators.

Shaan Marine Services Pvt. Ltd., As Brokers Understands the structure of the international dry cargo chartering market and the relative importance of the major market centres.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the role of the Broker and its relationship to the Principals as an Agent (Owner’s Broker, Charterer’s Agent, exclusive Broker, competitive Broker, and intermediate Broker).

Shaan Marine Services Pvt. Ltd., As Brokers understands the advantages and disadvantages of different methods of communications.

Shaan Marine Services Pvt. Ltd., As Brokers understands the structure and content of market reports and market indices.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the nature and impact of external factors affecting the market including natural catastrophes, environmental, aid programmes, political crises. Be aware of the effect that merchants’ trading terms (INCOTERMS) may have on the shipping contract and the impact of documentary credits, especially on documentation.

Shaan Marine Services Pvt. Ltd., As Brokers understands the rationale of joint ventures and shipping pools and be aware of how these operate.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the impact of e-commerce on market practice, its advantages and disadvantages and is aware of the main alternative electronic solutions available to Brokers.
 
Contracts

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the basic format and purpose and content of those main clauses common to all charter party forms.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the differences between the structure and purpose of voyage charters and time charters.

Shaan Marine Services Pvt. Ltd., As Brokers understands the reasons for the use of standard forms of voyage and time charter parties and their suitability to different trades including a working knowledge of the content of commonly used standard forms including: voyage charters (Gencon, Norgrain, Amwelsh) and time charters (Baltime, NYPE).

Shaan Marine Services Pvt. Ltd., As Brokers understands the reason for charter party interpretation rules and be aware of the contents of Voylay Rules 1993 and FONASBA Time Charter Interpretation Code 2000.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the importance and proper use of additional clauses and addenda and is able to draft simple specimen clauses.

Shaan Marine Services Pvt. Ltd., As Brokers understands the individual rights, responsibilities and liabilities of owners, charterers and brokers which arise under the charter party.

Shaan Marine Services Pvt. Ltd., As Brokers understands the use of consecutive voyage contracts and contracts of affreightment and is aware of the particular terminology required.
 
Bill of Lading

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the role of the Bill of Lading in charter parties and in particular the liabilities of the Ship-owner to the Bill of Lading holder.

Shaan Marine Services Pvt. Ltd., As Brokers understands the relationship to Mate’s Receipts and potential problems arising from the demand for clean Bills of Lading and is aware of cargoes that pose particular problems in this context, including steel and grain.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the requirements regarding delivery of cargo against Bills of Lading.

Shaan Marine Services Pvt. Ltd., As Brokers understands the problems arising from the non-production of originals at discharge ports and practical solutions.

Shaan Marine Services Pvt. Ltd., As Brokers understands the particular problems for Owners arising from Bills of Lading under time charters and the potential special problems of freight prepaid Bills of Lading.
 
Chartering market practice

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the procedure of negotiations including cargo circulars, indications, and firm offers.

Shaan Marine Services Pvt. Ltd., As Brokers understands all the customary abbreviations used during negotiation.

Shaan Marine Services Pvt. Ltd., As Brokers understands the process of offer, rejection and new offer (counter offer, accept/except) and acceptance.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the details to be included in offers for both voyage and time charters and be able to draft a firm offer.

Shaan Marine Services Pvt. Ltd., As Brokers understands what ’subjects’ are, be able to identify some common examples of subjects and explain how they are lifted.

Shaan Marine Services Pvt. Ltd., As Brokers understands at which point the ship and cargo are ’fully fixed’.

Shaan Marine Services Pvt. Ltd., As Brokers understands the role of the post fixture department and be able to identify and explain its functions.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the legal, tactical and ethical requirements of the market and the avoidance of conflicts between them.
 
Financial elements of charter parties

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the various ways in which freight (rates per tonne or lump sum) and hire calculations (rate per day or per dwt/month) are made and the time when payment is due.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands that reasons for and calculation of additional payments due under charter parties, and the appropriate clauses for Voyage Charters (deadweight, demurrage/despatch, damages for detention and freight taxes) and Time Charters (payment for bunkers, ballast bonuses).

Shaan Marine Services Pvt. Ltd., As Brokers understands the importance of clauses in time charters relating to late hire payment and the remedies available to the Owner.

Shaan Marine Services Pvt. Ltd., As Brokers understands the importance in time charters of performance claims and the nature of off-hire events.

Shaan Marine Services Pvt. Ltd., As Brokers understands the arrangements for and relevant clauses regarding delivery, final voyage and re-delivery.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands how commissions and brokerage are calculated and who is responsible for payment.

Shaan Marine Services Pvt. Ltd., As Brokers understands the use of freight market derivates as a hedging tool and is aware of the operation of the derivates market.
 
Laytime

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the importance of the clarity of notice of readiness clauses and be able to draft a concise clause.

Shaan Marine Services Pvt. Ltd., As Brokers understands the procedure for tendering a valid NOR and common problems relating to acceptance.

Shaan Marine Services Pvt. Ltd., As Brokers understands the point at which laytime commences and the circumstances under which laytime may be interrupted; & understand what time is excluded from laytime.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the principle of ’once on demurrage always on demurrage’ and the rare exceptions.

Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the extent and nature of the information contained in the Statement of Facts and how the Laytime Statement is prepared and is able to calculate the laytime used and demurrage/despatch earned from appropriate data.

Shaan Marine Services Pvt. Ltd., As Brokers understands the application of ’Voylay Rules’ with particular reference to Berth-v-Port charters and Weather Working days.
 
Calculations

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the essential procedures used to create a voyage estimate and is able to make complete calculations from given data also is aware of the main variables including change of loadline zones, fresh water allowances, draft limitations (including draft calculation – tpi/tpcm) also the importance of careful bunker planning.

Shaan Marine Services Pvt. Ltd., As Brokers understands the techniques used and is able to make the calculations to compare alternative routes, alternative voyages, compare voyage with time charter, compare $/tonne with lump sum rates and $/day with DWT/month.

Shaan Marine Services Pvt. Ltd., As Brokers understands the reason for and means of calculation of Ballast Bonus in time charters.
 

General

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Shaan Marine Services Pvt. Ltd., As Brokers thoroughly understands the charter party clauses for the resolution of disputes, including the application of arbitration and jurisdiction clauses and is aware of the BIMCO Arbitration Clause.

Shaan Marine Services Pvt. Ltd., As Brokers understands the roles of the commercial courts, arbitration and Alternative Dispute Resolution (ADR) in settling disputes and is aware of the differing procedures.

Shaan Marine Services Pvt. Ltd., As Brokers understands the importance of Ship-owners’ P&I Associations and their role in the context of cargo claims; and is aware of the other sectors of Owners’ P&I cover.

Shaan Marine Services Pvt. Ltd., As Brokers understands the role of Intermediaries’ P&I Associations and the classes of cover offered to Brokers and Agents and are aware of the importance of keeping full and proper records to assist in dispute resolution.