Describe the role of broker and brokerage firms in shipping industry and their field of experticing

1. Please describe the role of broker/brokerage firms in shipping industry and their field of experticing (500 words) 2. Ship-owner “A” is looking for possible new-building Suez max tanker vessel candidates for 3 firm+1 option vessels at Far East yard “B”. Please support your knowledge and state FIRM/OPTION cases separately. ( 500 words)

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