Shipbroking market companies | Top Market Players 2025

Shipbroking market companies

Growth in the shipbroking industry is being driven by increases in global trade volumes, overall, particularly related to emerging economies, as well as rising demand for commodities such as LNG and dry bulk, which now must be sourced from increasingly distant supply chains. 

Digitalisation is also becoming more relevant from online platforms through real time data tools moving to AI-enabled analytic tools are changing the shipbroking model, although improving speed and transparency and the client service. The implementation of tougher environmental and safety regulations will also encourage brokers and their customers to use greener, compliance-ready vessels, which will drive enhanced vessel transport services and revenues.

1. Gatik Ship Management Pvt. Ltd.

Gatik Ship Management has rapidly expanded its fleet, primarily focusing on the transportation of crude oil and petroleum products. Despite facing international scrutiny, the company plays a significant role in India's energy logistics, operating a substantial number of tankers.

2. Chowgule Brothers Pvt. Ltd.

Chowgule Brothers is a leading shipbroking and chartering firm in India, offering comprehensive services in dry cargo, tankers, and offshore segments. With over a century of experience, they provide time-bound, cost-effective, and efficient solutions, leveraging strong relationships with ship owners, traders, and operators.

3. Transworld Group

Transworld Group offers a range of services, including container shipping, warehousing, freight forwarding, and multimodal logistics. The company operates across India, the Middle East, and Southeast Asia, providing integrated solutions to meet diverse shipping needs.

4. The Great Eastern Shipping Company Ltd. (GE Shipping)

GE Shipping is the largest private sector shipping company in India, operating a fleet that includes crude oil tankers, gas carriers, and dry bulk carriers. The company provides reliable services in both Indian and international waters, supporting global trade.

5.Varun Shipping Company Ltd.

Varun Shipping specializes in niche markets, including LPG carriers, crude oil tankers, and offshore support vessels. The company plays a critical role in supporting India's energy sector, providing essential services for oil and gas transportation.

6. Mercator Limited

Mercator Limited is a diversified company with interests in shipping, coal, oil & gas, commodity transportation, and dredging. The company has a significant presence in offshore oil and logistics services, contributing to India's maritime infrastructure.

7. JM Baxi & Co. Pvt. Ltd.

JM Baxi is one of India's oldest shipping companies, offering port agency services, bulk shipping, and end-to-end logistics solutions. With a rich history and continuous adaptation to industry trends, the company maintains its leadership in the maritime sector.

8. Allcargo Logistics Ltd.

Allcargo is a leading provider of multimodal transport services, including container freight, project logistics, and warehousing solutions. The company operates globally with a strong presence in over 160 countries, offering end-to-end logistics solutions to meet complex shipping requirements.

9. Seaways Shipping & Logistics Ltd.

Seaways offers a range of services, including freight forwarding, project cargo management, NVOCC operations, and custom clearance. The company serves clients in India and abroad, providing comprehensive logistics solutions to meet diverse shipping needs.

10. Shreyas Shipping & Logistics Ltd.

Shreyas Shipping is India's pioneer in coastal container shipping, providing seamless multimodal logistics services connecting major domestic and international ports. The company supports India's "Sagarmala" initiative to boost maritime trade and infrastructure.

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