It was requested that I include in the e-book a section regarding a day in the life of a shipbroker.
I have therefore included 4 pages of a typical brokers day
Here is a snippet.
quote
"As he heads back to his building he checks his Blackberry and notices that a message from the Charterer. He quickly scans the message and sees that they have rejected the ship owners offer. The message states that the market has turned in the charterers favor and that they have 4 ships chasing their one cargo. If the ship owners are very keen they need to drop the rate substantially before they will get a counter offer.
- 10 minutes later (2.30pm) he sits down at his desk with a head full of steam. He quickly calls the charterer and asks him some key shipbroker questions such as ‘what is the best price you have seen?’ And ‘If I can get my owner to come in at such and such freight rate will this be sufficient to get a counter?’ The broker is playing every card in his deck. He is trying to pin down the charterer.
unquote.
It was fun to write this section actually - brings back memories of many different situations
Yours
VS
What do you think of this day in the life of a trainee?
ReplyDeletehttp://www.dailymail.co.uk/news/article-508570/Trainee-broker-wins-payout-treated-like-skivvy-bullying-boss.html
Is this a common way to treat trainees? Or is it out of the norm?
Hi Gus
ReplyDeleteThat can happen! The Industry in general are poor trainers and we have our fair share of type 'A's.
Being a Junior Shipbroker can be about surviving those first two years. I give some tips regarding these issues.
(Having said that there are many firms that do the right thing by young brokers)