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Occupation Details

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Shipbroker

Job Zone

Education
Most occupations in this zone require job specific training (vocational training) related to the occupation (NFQ Levels 5 and 6 or higher), related on-the-job experience, or a relevant professional award.

Related Experience
Previous work-related skills, knowledge, or experience is required for these occupations. For example, several years of full or part-time employment in the area may suffice.

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€18k >
Shipbroker
Salary Range
(thousands per year)*
€18 -
Related Information:
Data Source(s):
FAS

Last Updated: March, 2013

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.
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At a Glance... header image

Shipbrokers arrange the ocean transport of goods and commodities by sea for a client.


Videos & Interviews header image

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Go..Search YouTube for Shipbroker videos

The Work header image

How do you find a ship to carry the cargo you have just sold to buyer or how do you buy a vessel if you want to be a shipowner? The answer is to talk to your shipbroker.

The role of a shipbroker is to act as an intermediary between the two parties to a contract, whether they are Shipowners and Charterers in the chartering market, or buyers and sellers in the Sale and Purchase market. The broker may be acting particularly for one principal or perhaps is the sole broker between the two contracting parties. He or she will be involved in many stages of the deal: presenting the business to potential clients, negotiating the main terms of the fixture or sale, finalising the details of the contract and following the deal through to its conclusion.

The size and type of vessel involved ranges from coasters carrying a few hundred tons to tankers able to lift several hundred thousand tons, and includes containerships, gas carriers, cruise ships, oil-rigs or ferries. Cargoes carried range from raw bulk commodities such as coal, iron ore and crude oil through to finished products carried in containers.

Different Types of Ship Brokers

Today the career of Shipbroking covers the following sectors of the industry:

  • dry cargo chartering,
  • tanker chartering,
  • sale and purchase of ships,
  • liner agency,
  • port agency and
  • ship management.

Locations

The work in chartering and sale and purchase is not restricted to just port or coastal areas. There are significant markets in such places as Oslo, London, Hamburg, Paris, New York, Houston Vancouver, Singapore, Hong Kong, Shanghai, Tokyo, Dubai New Delhi.

You can appreciate that the broker will establish himself where the principals are based, either ship owners or charterers. The introduction of cheap efficient communications has caused the market centres to be more widespread geographically.

Types of employers

Broking houses, either competitive or in house, within the ship owning companies, or charterers (e.g. oil companies, grain houses, commodity traders...)

Labour profile

A Ship Broker can come from any walk of life, straight out of school or university or an ex-seafarers. Experience at sea is not a necessity.

Employment Prospects

Traditional ship broking centers such as London are now competing with emerging centres as technology allows us to move away from the traditional market locations. New areas such as South Africa, India and China are seeing more brokers being set up to service the increasing business quoted by local principals.

Source [http://www.maritimecareers.ie]


Personal Qualitiesheader image

You'll need good organisational skills and the ability to work to deadlines and under pressure.  
 
Good communication skills are vital. As so much business is conducted over the telephone, you must have a clear speaking voice. You must be able to explain complex issues to clients in a clear and simple way. You also need to have high self confidence and good persuasive and negotiating skills.  
 
Fluency in another language will be an asset.  
 
Good IT skills are essential.


Related Occupationsheader image

Contactsheader image

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Organisation: IMDO – Irish Maritime Development Office
Address: Wilton Park House, Wilton Place D02 NT99, Dublin 2, Ireland
Tel: (01) 7753900
Email: Click here
Url Click here

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Organisation: National Maritime College of Ireland
Address: Ringaskiddy, Co. Cork
Tel: (021) 497 0600
Email: Click here
Url Click here

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Organisation: Baltic Air Charter Association
Address: The Baltic Exchange, 38 St Mary's Axe, London EC3R 8BH, UK
Tel: + 44 20 7623 5501
Email: Click here
Url Click here

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Organisation: Institute of Chartered Shipbrokers Ireland
Address: 19 Aylesbury, Clonmacken, Ennis Road, Limerick
Tel: (087) 6566610
Email: Click here
Url Click here

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Career Guidance

This occupation is popular with people who have the following Career Interests...


...and for people who like working in the following Career Sectors:

Transport & Logistics

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Further Ed & PLC Course Suggestions
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