In shipping terminology, what is another term for a cargo broker?

Study for the Chartering and Brokerage Test. Master ship chartering and brokerage concepts with multiple choice questions and detailed explanations. Get ready to excel!

Multiple Choice

In shipping terminology, what is another term for a cargo broker?

Explanation:
In shipping, a cargo broker acts as a Special Agent—the shipper’s representative authorized to arrange transportation and negotiate with carriers for a shipment. This role involves securing space, obtaining rates, and setting up the contract, but not owning the cargo or performing the carrier’s duties. The other terms refer to different roles: a carrier is the company that actually transports the goods, a Ship’s Agent is a port-side representative handling formalities for a vessel, and an Insurance Underwriter provides cargo insurance. So the cargo broker is best described as a Special Agent.

In shipping, a cargo broker acts as a Special Agent—the shipper’s representative authorized to arrange transportation and negotiate with carriers for a shipment. This role involves securing space, obtaining rates, and setting up the contract, but not owning the cargo or performing the carrier’s duties. The other terms refer to different roles: a carrier is the company that actually transports the goods, a Ship’s Agent is a port-side representative handling formalities for a vessel, and an Insurance Underwriter provides cargo insurance. So the cargo broker is best described as a Special Agent.

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