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COMMERCIAL MARKET NEWS

IN the last month Spinnaker personnel have been marauding around Scandinavia, Germany, the Middle East and the Far East picking up jobs and gossip as we go.

Whilst it’s true to say that the market continues to be unpredictable, two things are certain – that Spinnaker has experienced a definite increase in demand for senior staff in the last quarter (see the separate article on this) and a similar surge in demand for commercial and operations staff in the tanker market. And, while freight rates in the dry cargo market remain subdued, demand for chartering staff is steady. There are not so many openings in dry operations at the moment, but Spinnaker have dry chartering openings in Switzerland, Germany, and South Africa, including a head of freight role for a major commodity client, and numerous roles around the world for dry competitive shipbrokers.

Supply of junior shipbrokers is notably weak. Very few trainee brokers were hired back in 2009 and as a result there are limited numbers of brokers with around 3 years’ experience in the market. These youngsters are therefore benefiting from being a scarce commodity.

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