2434-Trade and Ship Brokers

Job Title: 

Trade and Ship Brokers

Job Description: 

Trade and ship brokers buy and sell commodities and shipping services, usually in bulk, on behalf of their own company or for customers on a commission basis.

Tasks: 

Tasks include:

  • establishing contact between buyers and sellers of commodities
  • discussing buying or selling requirements of clients and giving advice accordingly
  • buying and selling cargo space on ships
  • negotiating purchase or sale of commodities and commodity futures
  • finding cargo and/or storage space for commodities and negotiating freight, shipping and storage charges
  • monitoring and analysing market trends and other factors affecting the supply and demand for commodities and shipping services
Additional Notes: 


This unit group includes


Commodities broker
Trade broker
Ship broker
Bunker trader
Oil trader

This unit group excludes


Commodity futures broker (2414)
Securities broker (2414)
Securities dealer (2414)
Financial futures broker (2414)
Insurance broker (3321)

Specific Occupations: 

24341
Trade broker (including oil and bunker trader)

24342
Ship broker

24343
Ship charterer

International Careers(ISCO): 
Source Of Info: 

Source: SINGAPORE STANDARD OCCUPATIONAL CLASSIFICATION 2015, Department of Statistics, Ministry of Trade & Industry, Republic of Singapore