Operating as a global team, our Dry Cargo brokers maintain an “always available”, responsive approach to doing business. Our advanced data systems and rapid communications enable market information to be collected and shared with clients quickly, helping them to make better informed decisions.

We have teams of specialists in all key ship sizes – Capesize, Panamax, Supramax and Handysize – who are based in our offices around the world and provide support for our clients in each of the local markets.

Simpson Spence Young is active in the various types of business typical in the dry cargo market including spot contracts, time charters and contracts of affreightment.

Aside from strong connections with ship owners, Simpson Spence Young has also built up a high level of commodity expertise in working with charterers active in the shipment of bulk cargo. This expertise is not only confined to coal, iron ore and grain carried by the larger vessels, but also to many of the minor bulks such as petcoke, cement, steel products, fertilizers, sugar and biomass, amongst others.

In addition to the day to day activity of the chartering market, one other important part of our dry cargo business is the longer term project market. This comprises long-term freight contracts for large industrial plants, typically in excess of ten years, together with acting as formal consultants to companies with significant shipping requirements who wish to review their future operations at a macro level.

Simpson Spence Young has successfully evolved and adapted to developments in the dry cargo market since 1880 and remains a market leader in this key sector of the shipping world.