Formation | 1911 [1] |
---|---|
Legal status | Chartered Institute |
Headquarters | City of London, EC4 United Kingdom |
Membership | 4,000+ |
Punit Oza FICS | |
Robert Hill FICS | |
Website | www.ics.org.uk |
The Institute of Chartered Shipbrokers (ICS) is a professional and learned society for all members of the commercial shipping industry worldwide. After being founded in 1911 in London, the ICS was granted a Royal Charter in 1920. [2]
The Institute is the only internationally recognised professional body in the commercial maritime arena. [3] Its members form a global network of commercial maritime professionals, including shipbrokers, Ship Owners and ship agents throughout the world.
The Institute consists of 27 branches, 11 International Teaching Centres and 11 Recognised Partners in key locations across the world. Their professional network comprises of 4,000 individual Members and Fellows.
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.
The Baltic Exchange is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts.
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.
Australian Maritime Safety Authority (AMSA) is an Australian statutory authority responsible for the regulation and safety oversight of Australia's shipping fleet and management of Australia's international maritime obligations. The authority has jurisdiction over Australia's exclusive economic zone which covers an area of 11,000,000 square kilometres (4,200,000 sq mi). AMSA maintains Australia's shipping registries: the general and the international shipping registers.
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 Institute of Marine Engineering, Science and Technology (IMarEST) is the international membership body and learned society for marine professionals operating in the spheres of marine engineering, science, or technology. It has registered charity status in the UK. It has a worldwide membership of over 12,000 individuals based in over 128 countries. The institute is a member of the UK Science Council and a licensed body of the Engineering Council UK.
Witherby Publishing Group, formerly known as Witherby Seamanship, is a technical publisher of maritime, nautical and navigation training, reference and regulatory materials. The company is the resulting merger of Witherby Books and Seamanship International in January 2008. Beginning with its origins in 1740 it lays claim to being the oldest independent publisher in the English-speaking world.
The International Chamber of Shipping is one of the world's principal shipping organisations, representing around 80% of the world's merchant tonnage through membership by national shipowners' associations. It is concerned with maritime regulatory, operational and legal issues. Its membership includes over 40 national shipowner organisations.
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.
The International Seafarers' Welfare and Assistance Network (ISWAN) is an international NGO and UK registered charity that aims to assist seafarers and their families. ISWAN is the result of a merger between two organisations: the International Committee on Seafarers' Welfare (ICSW) and the International Seafarers' Assistance Network (ISAN). ICSW was formed in 1973 and ISAN was established in the late 1990s. The two welfare bodies merged in April 2013 to form ISWAN. ISWAN's headquarters are in Croydon, Greater London.
Crew management for ships, otherwise known as crewing, are the services rendered by specialised shipping companies. Crew management services are an essential part of maritime and ship management that includes the management of all the various activities handled by crew on-board vessels, as well as related shore-based administration. Major locations where crew management activities are carried out from include Limassol (Cyprus), Singapore, Hong Kong and Malta.
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.
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.
Maritime Informatics is a thematic topic within the broader discipline of informatics. It can be considered as both a field of study and domain of application. As an application domain, it is the outlet of innovations originating from data science and artificial intelligence; as a field of study, it is positioned between computer science and marine engineering.
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.