SIC Code 5088-03 Description (6-Digit)

Ship Brokers (Wholesale) is a subdivision of the Transportation Equipment and Supplies, except Motor Vehicles (Wholesale) industry. This industry involves the wholesale buying and selling of ships and other watercrafts. Ship brokers act as intermediaries between buyers and sellers, facilitating the purchase and sale of ships. They provide a range of services including market analysis, valuation, negotiation, and contract preparation. Ship brokers work with a variety of clients including shipping companies, governments, and private individuals.

Hierarchy Navigation for SIC 6-Digit Code 5088-03

Parent Code (less specific)

5088 - Transportation Equipment and Supplies, except Motor Vehicles

Tools

Ship valuation software
Market analysis tools
Contract preparation software
Communication tools (e.g. email, phone, video conferencing)
Financial analysis tools
Shipping industry databases
Legal research tools
Transportation logistics software
Customer relationship management (CRM) software
Project management software

Industry Examples of Ship Brokers (Wholesale)

Cargo ships
Tankers
Cruise ships
Fishing vessels
Tugboats
Ferries
Offshore supply vessels
Research vessels
Barges
Yachts

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SIC Code 5088-03 - Ship Brokers (Wholesale)

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