Definition of shipbroker in English:

Share this entry

shipbroker

Pronunciation: /ˈʃɪpbrəʊkə/

noun

A broker who specializes in arranging charters, cargo space, and passenger bookings on ships.
Example sentences
  • Many shipbrokers and ship managers are based in Hong Kong because many ships are owned or controlled here, it has excellent communications and is a good place for expatriates to live.
  • The Florida-based company is not a shipbroker, but a ship manager.
  • The Norwegian shipbroker said spot charter rates for a 74,000 dwt bulk carrier had fallen from a higher of US $53,500 this year to US $16,100 a day.
Share this entry
 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.