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Why is ship agency stuck in a time warp?

Former Inchcape Shipping Services boss Simon Morse identifies five reasons why agents have not kept up with shipbrokers and shipmanagers in defining their value proposition and ensuring they are regarded by principals as strategic

The ship agency sector remains highly fragmented, with the top three only accounting for around 10% of the market, and the selection criteria for most owners and charterers usually based on local rather than global considerations

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