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ICS may refer to:
A container ship is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo.
Bulk cargo is commodity cargo that is transported unpackaged in large quantities.
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.
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 charterparty. The three main types of charter are: demise charter, voyage charter, and time charter.
A shipowner, ship owner or ship-owner is the owner of a ship. They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate or based on hire. Shipowners typically hire a licensed crew and captain rather than take charge of the vessel in person. Usually the shipowner is organized through a company, but also people and investment funds can be shipowners. If owned by a ship company, the shipowner usually performs technical management of the vessel through the company, though this can also be outsourced or relayed onto the shipper through bareboat charter.
The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
The Annie Larsen was a three-masted schooner that was involved in arms shipment in the so-called "Hindu German Conspiracy" during World War I.
Sir William Albert Jenkins was a Welsh coal exporter, ship owner and Liberal politician.
The Baltic and International Maritime Council (BIMCO) is one of the largest of the international shipping associations representing shipowners. BIMCO states that its membership represents approximately 60 percent of the world's merchant shipping tonnage and that it has members in more than 130 countries, including managers, brokers and agents. BIMCO states that its primary objective is to protect its global membership through the provision of information and advice, while promoting fair business practices and facilitating harmonisation and standardisation of commercial shipping practices and contracts.
A shipping agency, shipping agent, or ship agency is the term used to refer to the appointed companies that handle operational and procedural (legal) requirements for a commercial vessel's call at a port for the purposes of cargo handling (loading/discharging), emergency calls, repairs, crew changes, or ship demolition, and protect the general interests of their principals on behalf of ship owners, disponent owners, or charterers in an objective manner.
Harindarpal Singh Banga, known as Harry Banga, is an Indian entrepreneur and philanthropist. He is the Founder, Chairman, and CEO of The Caravel Group Limited, a global conglomerate engaged primarily in resources trading, the provision of maritime services, and asset management. The Caravel Group Ltd owns Fleet Management Limited, a renowned ship management company, of which Harry Banga is also Chairman.
Clarkson PLC, trading as Clarksons, is a provider of shipping services, and is headquartered in London. In 2011, Lloyd's List described the company's shipbroking service as the "undisputed heavyweight of the shipbroking market". It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Olav Eduard Pauss was a Norwegian ship-owner, shipbroker and consul in Sydney, Australia. He served as the consul of Sweden and Norway in New South Wales and Queensland from 1902 to 1905 and as the Norwegian consul from 1905 to 1928. He also acted as Danish consul for two separate periods and as Swiss consul. At his death he was described as "one of the best known shipping men in Australia."
Maritime UK is the umbrella body and representative body for the UK maritime sector. The UK's maritime sector comprises shipping, ports, marine and maritime business services. Maritime contributes around £46.1bn to the UK economy and supports over 1,000,000 jobs.
OMC Shipping pte. ltd., also known as OMCS, is a Singapore based ship owning company. It is the ship owning arm of Mitsui & Co., one of the largest trading companies (sogo sosha) of Japan.
Protecting agent or protective agent or supervisory agent in shipping is the person or entity that provide shipping agency services to the shipowners, charterers, time charterers in the situations where the conflict of interests exists or anticipated from the shipping agent. The main task of the protecting agent is to protect the interest of his principal during the port call for which the shipping agent have been nominated or appointed by the party whose interest does not concur with those of the principal.
The Far Eastern Freight Conference was a co-operative agreement between a group of steamship owners and shipbrokers involved in scheduled cargo liner services principally between China and Japan, and European ports. It was established in 1879 as the China and Japan Conference through the efforts of John Swire. They co-operated in order to overcome excess capacity of steamers in that trade. Described by some as a cartel, the conference rewarded shippers that gave all their business to ships owned by conference members through a system of deferred rebates to the freight rates charged. These discounts were deferred for, typically, six months and were not payable if the shipper used a ship outside the conference in that time. Capacity was controlled by limiting each member to an agreed number of sailings during the year. The conference survived a legal challenge in 1885, which went to the High Court in 1887, then through the Court of Appeal and ultimately to the House of Lords: the conference won at every level. There were later challenges and enquiries, which the conference survived. Ultimately, changes to the European Union exemption of shipping conferences from their competition regulations brought the conference to an end in October 2008.
Simpson Spence & Young, (SSY), Simpson Spence Young, Simpson, Spence & Young Ltd. was founded in 1880 by Ernest Simpson, Lewis Spence and Captain William Young in New York City. Ernest Louis Simpson started as a shipbroker from England. Simpson joined with shipbroker Lewis H. Spence and started Simpson & Spence in 1880. In 1882 Captain William Young joined the company and the name was changed to Simpson Spence & Young. Simpson Spence & Young opened a second office in Newcastle upon Tyne in England. Simpson son Ernest Aldrich Simpson (1897-1958) joined the company. The Simpson Spence & Young became very successful and becoming a worldwide shipping firm, with headquarters in London, one of the largest shipbrokers. Simpson Spence Young has 19 offices worldwide with over 400 employees. Simpson Spence Young operates dry bulk, tanker ships, tugboats and has other services.
