Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charter party. The three main types of the charter are: demise charter, voyage charter, and time charter

Sales and Purchase brokers are those shipbrokers who specialize in buying and selling new and used ships.  Working as an S&P broker, You need to compete in an international market that is extraordinarily volatile and subject to huge swings. The S&P broker has to understand shipping market, be able to advise their clients on the market’s probable direction, and must have sound knowledge on the shipping industry, Ships & Ships owner.