Shipbrokers take a lot of crap in the ship finance industry. They are openly criticized for giving away information for free, surviving on a steady diet of gossip and being unjustly enriched for doing nothing but gabbing on the telephone. Remember the shipping industry’s first reaction to the internet- that shipbrokers would be a thing of the past.? To these criticisms we say Bah Humbug!
Shipbrokers are deal-makers par excellence. These warriors go out onto the battlefields of shipping without the armor of a balance sheet or a fleet of ships to protect them, wielding only their relationships and their ability to identify value and create transactions.
This is only an excerpt of Shipbroker of the Year, 2000
Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.
You must be logged in to post a comment.