1. Charterer and shipbroker
Anatomy of shipping
Charterer and shipbroker

2. Group members Syaidati shafea syafeqah Muhd azmi arif
Muhd nazirul syazwi
Nur izzati

3. Definition of charterer
A party who charter the vessel for period of time
Person who are interested towards the vessel
They usually will come to see charter party
It is based on charter party or charter hire
Example : reserve bas, boat and mode of transportation

4. Definition of shipbroker
Specialist intermediaries and negotiator between ship owner and charterer who use ships to transport cargo or between buyers and sellers of ship
INTERMEDIARIES PERSON IN ORDER TO GET OR PURCHASE VESSEL

5. Function of charterer Hire ships or space on ships
Collaborate WITH OTHER PARTIES : SHIPBROKER, SHIPOWNER, CHARTER PARTY
SHIP CHARTERER NEED TO KNOW ABOUT TARGET MARKET

6. Function of shipbroker
INTERMEDIARY TO GET OR PURCHASE VESSEL
NEGOTIATE PRICE TO GET BEST PRICE
MULTITASKING PERSON : act as accountant
Shipbroker will get address commission

7. Difference charterer and shipbroker
CHARTERER IS USUALLY CHARTER OR RENTAL THE VESSEL FOR PASS THE CARGO
It has three type of charter parties
-The time charter
-The voyage Charter
-The bareboat charter
BROKER ARE ONLY SALE OR PURCHASED THE VESSEL
THAT HAVE 3 TYPE OF BROKER
-DRY CARGO BROKING
-TANKER BROKING
-CONTAINER BROKING

8. Conclusion Charterer – person who is charter vessel or slot
Shipbroker – intermediary people between for purchasing vessel
The broker is involved in many stages of a deal
They related & need to collaborate to improve efficiency of shipping industry

9. The end