NETCO

What NETCO does

NETCO (legal name New England Tanker Chartering Co.) is a private international ship brokerage founded in 1984 in Rowayton, Connecticut, that arranges maritime transportation for liquid bulk chemicals, vegetable oils, lubricants, and clean petroleum products (CPP). It operates from six offices in Houston, Connecticut, Dubai, Tokyo, Copenhagen, and Singapore, providing brokers accessible 24/7 across every major trade region. Its client base spans four enterprise buyer types in the maritime sector: producers, traders, charterers, and shipowners.

The service portfolio comprises five lines: Spot Brokerage (immediate single-voyage or short-term chartering), Contracts of Affreightment (long-term quantity and route contracts at predetermined rates), Period Chartering (time-based vessel hire), Sale & Purchase Transactions (vessel brokerage), and Regulatory, Industry & Stakeholder Analysis (market intelligence and advisory). Service delivery is through in-house brokers and specialists rather than a modular software platform, and market intelligence is positioned as embedded into every engagement rather than sold as a separate product layer.

NETCO earns revenue on a transaction-fee basis through brokerage commissions on each cargo, charter, or vessel S&P transaction it intermediates. Go-to-market is enterprise field sales via direct broker relationships, supplemented by industry-association participation (CMA, SWCA, AFOA, NECA, IPTA) and a website that republishes trade news and analysis. The firm is privately held, with no disclosed investors, parent company, subsidiaries, or leadership team beyond a CFO & Controller (W. Andy Meyer), and no public financial filings are referenced.

Name

NETCO

Legal name

NETCO (New England Tanker Chartering Co.)

Website

https://netco.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

NETCO is a private international ship brokerage founded in 1984 that arranges maritime transportation of liquid bulk chemicals, vegetable oils, lubricants, and clean petroleum products for producers, traders, charterers, and shipowners across six global offices.

Ownership category

akta.pro rank

Product category

Ship Brokerage Services

NAICS

Deep Sea, Coastal, and Great Lakes Water Transportation (48311), Support Activities for Water Transportation (4883)

SIC

Deep Sea Foreign Transportation Of Freight (4412), Water Transportation (4400)

akta.pro primary industry

Ocean Freight Brokerage (FCL/LCL) (TLADAMAF)

Keywords

• Ship brokerage services
• Liquid bulk shipping
• Tanker charter brokerage
• Maritime freight services
• Vessel chartering

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Ship Brokerage Commissions: NETCO generates revenue through brokerage services for transporting liquid bulk chemicals, vegetable oils, lubricants, and clean petroleum products (CPP). Their expertise spans spot brokerage, Contracts of Affreightment, period chartering, sale & purchase transactions, and regulatory/industry/stakeholder analysis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

NETCO is an international ship brokerage that arranges maritime transportation for liquid bulk chemicals, vegetable oils, lubricants, and clean petroleum products (CPP). The firm matches vessel capacity with cargo requirements for producers, traders, charterers, and shipowners via spot brokerage, Contracts of Affreightment, period chartering, sale & purchase transactions, and regulatory/industry/stakeholder analysis, with market intelligence embedded in all engagements.

Product overview

NETCO is a ship brokerage company offering a unified platform of liquid bulk shipping services, including spot brokerage, Contracts of Affreightment, period chartering, and sale & purchase transactions for chemicals, vegetable oils, lubricants, and clean petroleum products (CPP). The company operates globally with offices across major trade regions (Houston, Connecticut, Dubai, Tokyo, Copenhagen, Singapore) and embeds market intelligence and stakeholder analysis into all service offerings, supported by brokers accessible 24/7. NETCO's services are delivered through its core brokerage operations without a modular software platform structure.

Differentiator

Problem solved

Functional benefit

Products and services

• Spot Brokerage Facilitates immediate booking and chartering of vessels for single voyages or short-term contracts for liquid bulk chemicals, vegetable oils, lubricants, and clean petroleum products (CPP), for producers, traders, and charterers.
• Contracts of Affreightment (COA) Long-term contractual arrangements for transporting specified quantities of liquid bulk commodities over set routes at predetermined rates, for producers, traders, and charterers requiring ongoing vessel capacity.
• Period Chartering Time-based vessel hiring arrangements where clients lease vessels for a defined period, providing flexibility in cargo transportation scheduling for liquid bulk commodities.
• Sale & Purchase Transactions Brokerage services for buying and selling vessels in the liquid bulk shipping market, primarily serving shipowners and investors.
• Regulatory, Industry & Stakeholder Analysis Market intelligence and analysis providing timely insights on regulatory developments, industry trends, and stakeholder dynamics to support client decision-making in the liquid bulk shipping market.
• Market Intelligence Embedded market analysis providing clients with timely insights and practical solutions for navigating the complex liquid bulk shipping marketplace, backed by direct engagement with producers, traders, charterers, shipowners, and stakeholders.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Galbraith's: Galbraith's is a specialist shipbroker with strong expertise in tanker and chemical markets. It competes with NETCO for similar producer, trader, and charterer clients in the liquid bulk space.
• EA Gibson Shipbrokers: EA Gibson is a London-based specialist shipbroker focused on tankers and chemical parcel tankers. It is a direct competitor to NETCO in the same niche cargo segment with a comparable specialist model.
• BRS Group (Barry Rogliano Salles): BRS Group is a French-headquartered global shipbroker with a particularly strong tanker desk. It competes with NETCO for liquid bulk and CPP cargoes and maintains similar global office coverage across major trade lanes.
• Poten & Partners: Poten & Partners is a US-based shipbroker specializing in tankers and液化天然气/carriers, with deep presence in Houston — the same city as NETCO's largest office. It is a direct specialist competitor focused on similar liquid bulk clients (producers, traders, charterers).
• Fearnleys: Fearnleys is a Norwegian shipbroker with strong tanker and chemical parcel tanker coverage and offices in Oslo, Singapore, Houston, and other key hubs. It directly competes with NETCO for CPP and chemical parcel business and has a comparable niche specialist model.
• Clarkson PLC (Clarksons): Clarksons is the world's largest shipbroker and a direct competitor in tanker and liquid bulk brokerage. While much larger and broader (including offshore, securities, and research), Clarksons competes head-to-head with NETCO in CPP and chemical chartering and represents the dominant scaled broker in NETCO's core market.
• Howe Robinson Partners: Howe Robinson Partners is a London-based shipbroker with a strong presence in tankers and parcel tankers, directly overlapping NETCO's core service offering for chemical and CPP trades.
• Braemar ACM (Braemar PLC): Braemar ACM is one of the largest tanker shipbrokers globally, with offices in all major trade regions including Singapore, Houston, and London. It is a direct competitor to NETCO in CPP and chemical tanker brokerage with a comparable global office footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/netcousa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NETCO