Shipbroking
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The Company finds its root in shipbroking. By having had numerous contacts worldwide and limited financial resources back in 1986, it was natural for the Company to begin its activities with shipbroking. |
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Although,
frustrating, time consuming and at times unrewarding, shipbroking is still
an integral part of our daily activities. It requires continual database
updating, constant review of changes within the industry and an in-depth
knowledge of 'movers' and 'shakers', without which, it would be difficult,
if not impossible, to serve our clients with the Company's services. Shipbroking
as a whole, has been under some pressure in recent years and its gradual
decline is alarming. However, through research and our worldwide close
contacts, we have managed to earmark niche markets to clients, assisting
them to further flourish.
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Apart from normal competitive and exclusive shipbroking, the Company has consulting ability in forward-rates projection for tender purposes. In 1988, the Company's rate projection resulted in successful negotiations of 350'000 tonnes pig iron between the government of India and its Swiss client. The saving achieved in shipping, trebled that of the trading profit envisaged by trader.
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Between 1990 and 1993, the Company chartered vessels for shipment of 750'000 freight tonnes for one German client that specialised in through-transport, mainly from Continent to Iran via Turkey. On one occasion, our foresight saved the client dearly in potential demurrage, when as a matter of routine, a "log-free-of-insects" certificate was obtained from government of Gabon. Between 1990 and 1993, we shipped 3000 Completely Built Up (CBU) Iveco trucks, 2000 Volks Wagon, 6800 GM and Opel cars for the same client. During 1992 to 1995, we submitted our detailed freight rate forecast for the forthcoming three years to a Turkish client. The Government of Saudi Arabia awarded the client with a three-year term contract. Consequently, afterwards we were busy shipping frozen lamb carcasses from Jeddah to Bangladesh, Somalia, Ethiopia, Tanzania, Kenya, Mozambique, Egypt, Mauritania, Senegal, Guinea, and Sierra Leone for three years.
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