Shipbroker Business & Administration Technicians
SaveWhat Does a Shipbroker Do?
Shipbrokers act as intermediaries between buyers and sellers of ships, cargospace on ships and charter ships for the transfer of cargo. They inform clients on the shipping market mechanisms and movements, report on vessel and cargospace prices and sales, and negotiate not only the cost of the vessels, cargospace or cargo but also the logistical requirements for the transfer of the vessel or commodity cargo to the buyers.
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Banking Activities
The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity trading, trading in equities, futures and options trading.
These are common skills for this role, based on a European framework. Requirements vary between jobs, including in the UK. Real-world experience matters more than ticking every box - use this as a guide, not a checklist.
Skills You Need to Become a Shipbroker
Essential Skills
Essential Skills
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EssentialBanking Activities knowledge
The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity …
Recommended Books
1 book -
EssentialShipping Industry knowledge
The different services such as liner services, maritime transportation and shipload services offered by maritime organisations and the shipping market including the sale of vessels, goods or commodities.
No book recommendations available yet.
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EssentialHandle Financial Transactions skill
Administer currencies, financial exchange activities, deposits as well as company and voucher payments. Prepare and manage guest accounts and take payments by cash, credit card and debit card.
Course recommendations coming soon.
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EssentialManage Contracts skill
Negotiate the terms, conditions, costs and other specifications of a contract while making sure they comply with legal requirements and are legally enforceable. Oversee the execution of the contract, agree …
Course recommendations coming soon.
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EssentialNegotiate Buying Conditions skill
Negotiate terms such as price, quantity, quality, and delivery terms with vendors and suppliers in order to ensure the most beneficial buying conditions.
Course recommendations coming soon.
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EssentialNegotiate Price skill
Arrange an agreement on price of products or services provided or offered.
Course recommendations coming soon.
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EssentialNegotiate Sales Contracts skill
Come to an agreement between commercial partners with a focus on terms and conditions, specifications, delivery time, price etc.
Course recommendations coming soon.
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EssentialNegotiate With Stakeholders skill
Negotiate compromises with stakeholders and strive to reach the most beneficial agreements for the company. May involve building relationships with suppliers and customers, as well as ensuring products are profitable.
Course recommendations coming soon.
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EssentialConsult Shipping Rates skill
Seek information about shipping rates and compare these rates between different providers of goods or commodities.
Course recommendations coming soon.
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EssentialLiaise Between The Client And Various Transportation Services skill
Serve as an intermediary between the customer and various transportation services.
Course recommendations coming soon.
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EssentialTrade Ships skill
Buy or sell ships on behalf of a private customer or corporate customer. This includes negotiating with shipowners and clients, finalising contracts between the two and arranging the logistical part …
Course recommendations coming soon.
Optional Skills (5 of 17 displayed)
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OptionalInternational Trade knowledge
The economic practise and study field that address the exchange of goods and services across geographic borders. The general theories and schools of thought around the implications of international trade …
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OptionalElectronic Communication knowledge
Data communication performed through digital means such as computers, telephone or e-mail.
Recommended Books
2 books -
OptionalInternational Commercial Transactions Rules knowledge
Pre-defined commercial terms used in international commercial transactions which stipulate clear tasks, costs and risks associated with the delivery of goods and services.
Recommended Books
2 books -
OptionalShip Related Legislative Requirements knowledge
Conventions of the International Maritime Organization (IMO) concerning safety of life at sea, security and protection of the marine environment.
Recommended Books
4 books -
OptionalCommodities In Maritime Transportation knowledge
Knowledge of the most important commodities in maritime transportation, i.e. oil, grain, ore, coal and fertilisers, and their characteristics and subdivisions.
Recommended Books
2 books -
OptionalCommercial Law knowledge
The legal regulations that govern a specific commercial activity.
Recommended Books
1 book -
OptionalEconomics knowledge
Economic principles and practices, financial and commodity markets, banking and the analysis of financial data.
No book recommendations available yet.
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OptionalDemonstrate Products' Features skill
Demonstrate how to use a product in a correct and safe manner, provide customers with information on the product's main features and benefits, explain operation, correct use and maintenance. Persuade …
Course recommendations coming soon.
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OptionalDevelop Professional Network skill
Reach out to and meet up with people in a professional context. Find common ground and use your contacts for mutual benefit. Keep track of the people in your personal …
Course recommendations coming soon.
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OptionalDistinguish Various Types Of Ships skill
Recognise and name various types of vessels common in European maritime transport; understand the different characteristics, construction details, and tonnage capacities of different vessels.
Course recommendations coming soon.
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OptionalMaintain Records Of Financial Transactions skill
Collate all the financial transactions done in the daily operations of a business and record them in their respective accounts.
Course recommendations coming soon.
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OptionalObtain Financial Information skill
Gather information on securities, market conditions, governmental regulations and the financial situation, goals and needs of clients or companies.
Course recommendations coming soon.
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OptionalProtect Client Interests skill
Protect the interests and needs of a client by taking necessary actions, and researching all possibilities, to ensure that the client obtains their favoured outcome.
Course recommendations coming soon.
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OptionalProvide Financial Product Information skill
Give the customer or client information about financial products, the financial market, insurances, loans or other types of financial data.
Course recommendations coming soon.
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OptionalTrace Financial Transactions skill
Observe, track and analyse financial transactions made in companies or in banks. Determine the validity of the transaction and check for suspicious or high-risk transactions in order to avoid mismanagement.
Course recommendations coming soon.
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OptionalAdvise On Merchandise Features skill
Provide counsel on the buying of merchandise such as goods, vehicles or other objects, as well as providing information on their features and attributes to clients or customers.
Course recommendations coming soon.
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OptionalOversee Shipment Routing skill
Organise the distribution of the cargo, also known as 'forwarding'. Take into account the instructions of the client and determine where regular routing or various routings may be required.
Course recommendations coming soon.
