Half of Simpson Spence Young’s Dry Cargo brokers are based in London and Singapore, with half spread across the rest of the globe in 10 further offices. We maintain a global presence in the market and an “always available”, responsive approach to doing business. Modern data systems and rapid communications enable market information to be collected and shared with clients quickly, helping them make informed decisions regarding their business.

Our teams include specialists in all key ship sizes - Capesize, Panamax , Supramax and Handysize - and are represented in all of our offices around the world, providing support for our clients in each of the local markets. Simpson Spence Young is active in all the various types of business typical in the dry cargo market including spot contracts, timecharters 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.