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The importance of Ship Brokers in UAE by harry charlie
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The importance of Ship Brokers in UAE |
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Business
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UAE in general and Dubai particularly has very quickly become a important global hub. The volume of goods moving through and the amount of new business done is mounting year on year. The shipping and offshore businesses worldwide has been served by the ship brokers in UAE since a long time. The ship brokers provide services within chartering, sale and purchase and contracting of ships and offshore units. The Dry Cargo chartering specialises in bulk cargoes. They act as ship owner or a charterer with a cargo to be shipped. Sales & Purchase sector are experts in buying and selling of old or new ships. S&P Brokers of the Ship Brokerage fields of UAE specialise in discussing markets and trends in the shipping businesses with the ship owners, help in calculating and preparing reports, etc. The Tanker Brokers specialise in chartering of tankers and assist in negotiating maritime contracts. Container brokers specialise in the chartering of container ships and provide ship owners with information about the market. Ship Brokers act as intermediates and aid in financial services between the buyers and sellers. The ship brokers in UAE offer a completely impartial view to the client, a rarity in today’s marketplace. This impartiality provides tangible benefits for the clients in the quality of information, recommendations and guidance. Dry Cargo Chartering, Tank Chartering, Container Chartering, Sales & Purchasing and Demolition & Research are the different sectors in which the Ship Brokerage firms of the UAE specialise. The ship brokers operate in a specific part of the market of the UAE’s shipping fields be it dry cargoes, chemical or passenger vessels, etc. They have a clear vision and help in bringing together two different parties for negotiation. Ship brokers are needed by organisations for mediating throughout the deal process to completing all negotiations, and throughout the transport process too. Ship brokers help in bartering deals for the organisations they work with. They help by completing all the legal formalities and the other paper works too. They also keep a check on the goods that are being transported and also deal with the transport of hazardous materials to safety. Ship brokers of UAE play a main role as a business that spans across the globe. Ship broking contributes to the development of the country’s economy and employment to the people, as well. Ship brokers survive longer only if they take advantage of the local expertise and existing relationships in the countries they do business with, and marry that with the preferential transportation rates. Other than being ship brokers attending to the whole enterprises people have now started becoming niche service providers, specialising on certain types of brokerage or focusing on just one or two businesses .
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