How Shipowners Make Money: Insights into the Maritime Industry

Dan Venon / 17 May 2024 / Commodity trading - Guide - Shipping

Shipowners make money in a variety of ways, from transporting goods and people across the world's oceans to leasing their ships to other companies. The shipping industry is a vital part of global trade, and shipowners play a crucial role in keeping the world's economies moving.

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The Business Model of a Shipbroker: An Overview

Leon / 16 May 2024 / Commodity trading - Guide - Shipping

A shipbroker is an intermediary between ship owners and charterers, who are looking to lease a vessel for transporting cargo. The business model of a shipbroker revolves around providing professional advice and services to both parties, ensuring that their interests are protected and their objectives are met. The shipbroker acts as a facilitator, negotiating the terms of the charter party agreement, and ensuring that all legal and regulatory requirements are met.

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Cargo Claims: What to Do and How to Handle Them

Renata / 25 December 2023 / Commodity trading - Guide - Shipping

Cargo claims can be a complex and frustrating process for businesses involved in shipping goods. These claims arise when cargo is lost, damaged, or delayed during transit. Knowing what to do in the event of a cargo claim is essential to ensure that the issue is resolved quickly and efficiently.

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Cloves Supply Chain: Understanding the Journey from Farm to Market

Renata / 02 November 2023 / Commodity trading - Shipping

The global supply chain for cloves is a complex system that involves multiple stages and players. From the farmers who grow the cloves to the manufacturers who process them, the supply chain encompasses a range of activities that are critical to ensuring a steady supply of this popular spice.

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Lumber Supply Chain: Understanding the Basics

Dan Venon / 31 October 2023 / Commodity trading - Guide - Shipping

The lumber supply chain is a complex network of processes and players that bring wood products from forest to consumer. It involves everything from logging and transportation to manufacturing and distribution. The industry is a vital part of the global economy, providing jobs and materials for construction, furniture, paper, and other industries.

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