Finding a Meaningful Career in Ship Brokerage
Entering the role as a tanker ship broker is often by chance. However, for those who take the leap and invest the time, the result is often a long and rewarding career. Throughout history, shipping has been the connective link between culture and commerce. With roughly 80% of the World’s goods moved by ships, shipping touches all corners of the globe. Steeped in tradition, Shipping and competitive ship brokerage can trace its roots back for centuries which makes for a unique and exciting career path.
Often times a career in Shipping starts out with absorbing the basics. For those willing to immerse themselves in the industry, there are essentials to learn like the various products, regulatory environments, markets, and the Owners and Charterers who help to stimulate the markets. A deeper understanding of charter party terms is critical for creating clear contractual relationships free of ambiguities, and perhaps most important of all, critical thinking along with the ability to constantly adapt to the market conditions are vital for success and longevity in the field.
Successful brokers have strong organizational, communication, and leadership skills. Like any rewarding career, there is a keen willingness to learn, adapt, persist, and to bring two sides, often with very different objectives, to a common solution.
The thrill of making deals never gets old, and with the shipping markets continuing to evolve comes the opportunity for a rewarding career both personally and financially.
By John T. Germain
Ship Broker, Strategic Account Manager
Quincannon Associates