Vessel Agency
During the operation of ships engaged in international trade cargo transportation between ports around the world, when they call at ports other than the location of the ship owner or ship operator, the ship owner or ship operator will not be able to personally take care of the operational business related to the ship.
There are two ways to solve this problem: first, to establish a branch of the ship owner or ship operator at the relevant port; second, to entrust a specialized agency or individual engaged in ship operation and services at the relevant port by the ship owner or ship operator to handle the relevant business of the ship at the port, that is, to entrust a ship agent to handle these businesses.
In shipping practice, ship owners or ship operators are unable to establish branch offices for their own or operated ships at possible ports of call due to their financial or energy limitations; Due to the different shipping policies of different countries, the method of entrusting ship agents to handle related business has become a widely adopted and more economical and effective method.
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