Portcities Southampton
UK * Bristol * Hartlepool * Liverpool * London * Southampton
*
You are here: PortCities Southampton > On the Line > Company growth and development > What a shipping company does > What a shipping company does
* Text only * About this site * Site Map * Feedback
*
*
*
Explore this site
Start Here
About Us
Partners And Collections
Timeline
Get Interactive!
Help
Galleries
Image galleries
Biographies
Southampton
The Docks
River Itchen
Southampton at war
Flying Boats
Titanic
Finding Out More
Southampton speaks
Street Directories
Historic Buildings Survey
Registers and Records
Lloyd's Register
Official Sources
Other Records
Finding Out More
Wrecks and Accidents
Why accidents happen
Investigations
Improving Safety at Sea
Finding Out More
Wreck Reports
Life of a Port
How a port comes to life
At work in a port
Ports at play
Trade - lifeblood of a port
Finding Out More
On the Line
Company growth and development
Shipping lines
Transatlantic travel
Preparing a liner
Finding Out More
Sea People
Life at sea
Jobs at sea
Travelling by sea
Starting a new life by sea
Women and the sea
Finding Out More
Diversity of Ships
The variety of ships
What drives the ship?
Ships of ancient times
Ships in the age of sail
Ships of the steam age
Ships of today

What a shipping company does


Building and staffing ships

Buying or building ships

The shipping company will raise the finance to build or buy the ship, and often has a big say in its design. Some of the bigger companies, like Ropners, actually bought their own shipyard to supply their ships.

When an owner wants to buy or sell a ship, he approaches a sale and purchase broker. This broker keeps details of ships for sale, and will circulate them to potential customers. His payment is a commission based on a percentage of the sale price.

Staffing the ships

Men sign up for ship service

Magnifying glassMen sign up for ship service

The shipping company usually employs the officers and crew. To train officers, many companies had cadetships or apprenticeships. Although the cadets and apprentices may have thought they were just cheap labour, they got a very thorough grounding in their chosen profession.

Always an international business, shipping has become even more so in recent years. For instance, the flag a ship flies now often has nothing in common with the nationality of those who crew it. Many ships flying European flags, and most of those flying `flags of convenience`, will be crewed by people from relatively low-wage countries, often in Asia or Eastern Europe. To provide shipowners or managers with these crews, crewing agencies have sprung up.

Some owners prefer to just invest in a ship and leave a manager to run it profitably. Thus, ship managers may not own a ship, but will find it employment. They will provide crews, and undertake all the other jobs involved in running a ship, such as insuring and repairing it.

*
Search

Advanced Search
*
*
*
Southampton City Council New Opportunities Fund Lloyd's Register London Metropolitan Archives National Maritime Museum World Ship Society  
Legal & Copyright * Partner sites: Bristol * Hartlepool * Liverpool * London * Southampton * Text only * About this site * Feedback