What is a shipbroker ?

A shipbroker is an intermediary who coordinate and assist negotiation between its principals, whether directly or via another shipbroker; The ultimate decision remain with the principals. In chartering, the principals are charterer and shipowner; where as in sale and purchase, the principals are seller [shipowner] and buyer.

Such intermediary activities may include:

1. Negotiating the freight/hire/price together with the contractual terms and conditions and finalising details of the contract for and on behalf and under the authorization of its principal.
2. Follow up and monitor the contract on daily basis until its completion.
3. To find a solution in case of dispute prior, during and post contract.

In return, a shipbroker will earn a commision as a reward of his work.

When does one need a shipbroker?

Here is an example of when you might need a shipbroker:

1. Trader who are about to finalise their:
   • export on CNF/CIF deal.
   • import on FOB deal.
2. Shipowner who are:
   • looking to have wider options of cargo and-or charter employment or;
   • wish to sell their ship [for further trading or demolition].
3. Charterer who are looking for the right ship [spec & money-wise] at the right time.

Nowdays, in order to be more competitive, many shipbrokers provide wider range of services, including but not limited to consultancy, market research and complete charter operation including management, etc.

Who is JACOB'S Shipbroker C.V. (JSCV) ?

JSCV is an Indonesian, independent and privately owned shipbroking company, initiated by two brothers, Sindu and Leonil in the year 2003 with headquarter in the city of Malang, East Java, Indonesia. The founders are self-taught with no formal shipping background, but were raised in a family whose father was once a tug & barge owner (back in 1990 to 2001) and was influential in the first year as mentor. Shipping has always been and will always be in the families 'blood'.

We are a small company but fully dedicated and handle business with personal care and also:

1. we are well placed in the market and have a vast and sound networks of shipping companies all over the world, including but not limited to: shipowners, traders, charterers and fellow shipbrokers.
2. we are equiped with the right tools and software, digital and automated system with a significant and sound database.
3. we are working in normal-shipping hours which is almost non stop-24/7- Saturday, Sunday and Holidays included (SHINC).