The technical administration of a ship, including services like technical operation, maintenance, repair, crewing and insurance.

A person/company who on behalf of shipowner/shipper negotiates a deal for the transportation of cargo at an agreed price. Shipbrokers are also active when shipping companies negotiate the purchasing and selling of ships, both second-hand tonnage and newbuilding contracts.

Tanker carrying oil from offshore fields to terminals.

Short term contracts for voyage, trip or short term time charters, normally no longer than three months in duration.

A general term applying to the largest size of tanker that may transit the Suez Canal fully laden. Also called a million barrel vessel. Our definition being a tanker of between 125,000 and 199,999 dwt (inclusive).