Eastport

What Eastport does

Eastport Maritime Pte Ltd is a privately held Singapore-headquartered shipbroking and consulting firm, founded in 1980 by Lawrence Tham and Douglas MacShane as M.T. Maritime Management Pte Ltd, with the current Eastport Maritime identity adopted following a 1997 restructuring. The company operates across all four shipping markets — Newbuilding, Sale & Purchase, Demolition, and Freight — serving four primary verticals: Liquid & Gas Chemical, Vegetable Oil & Biofuel, Crude Oil & Petroleum Product, and Dry Bulk. It functions as an intermediary arranging cargo rates between charterers and ship owners, while also providing Contract of Affreightment management, post-fixture operations, time-charter operations management, sale and purchase brokerage, inland barging coordination across more than 30 European barge owners, and recurring research and strategy services.

Revenue is generated through commissions and transaction fees on chartering and S&P deals, professional services fees for COA and operations management, and subscription-based research publications including The Sextant, View from the Bridge, and sector outlooks distributed via Bloomberg. The firm's technology backbone is an in-house proprietary database powering top-down analytical quantitative models and two published TCE indices (Eastport MR TCE Index and Eastport 19.9kDWT TCE Index). A 170-strong multicultural workforce operates from eight wholly-owned offices across Singapore, Shanghai, New York, Houston, Rotterdam, Dubai, Tokyo, and Estepona (Spain, opened 2025). Ownership remains concentrated among founders and long-tenured employee-shareholders, with no external institutional investors or parent company indicated.

Name

Eastport

Legal name

Eastport Maritime Pte Ltd

Website

https://eastportmar.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Eastport is a privately held Singapore-headquartered shipbroker and consulting firm that arranges chartering, sale and purchase, and operations management for chemical, vegetable oil and biofuel, petroleum, and dry bulk clients globally.

Ownership category

akta.pro rank

Product category

Shipbroking Services

NAICS

Freight Transportation Arrangement (488510), Support Activities for Water Transportation (4883)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Ocean Freight Brokerage (FCL/LCL) (TLADAMAF)

Keywords

• Shipbroking services
• Tanker chartering
• Dry bulk shipping
• Maritime consultancy
• Vessel sale purchase

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Shipbroking Services: Commission or transaction fee-based revenue from arranging spot voyage, consecutive voyage and time charters between charterers and ship owners. Services include cargo and ship coverage, negotiation, contract documentation and administration.
2. COA Management Services: Contract of Affreightment management services including shipping needs assessment, goal and strategy formulation, tender and coverage management, shipment programming, and analysis and reporting
3. Sale & Purchase / Projects: Consolidation of activities in time-charter, sale & purchase, new building, and demolition contracting. Specializing in tankers, chemical tankers, and bulkers & offshore vessels.
4. Barging Services: Coordination of shipment of CPP, chemicals, biodiesel, and vegetable oil via inland waterways. Managing relationships with barge owners and combining cargo volumes.
5. Research & Strategy Services: Strategic advisory services and market research reports including spot freight forecasting, bunker price forecasting, time-charter rates, supply/demand analysis, and fleet development projections

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Eastport is a global shipbroking and consultancy company that acts as an intermediary between charterers and ship owners, arranging cargo rates and charter contracts across spot voyage, consecutive voyage, and time charters, as well as sale & purchase, newbuilding, demolition, and barging arrangements. Beyond broking, the firm provides Contract of Affreightment (COA) management, post-fixture operations, time-charter operations management, and strategic research & advisory services supported by a proprietary in-house database and Bloomberg-distributed analytical products.

Product overview

Eastport is a global shipbroking and consultancy company offering a comprehensive suite of shipping services across four key markets: Newbuilding, Sale & Purchase, Demolition, and Freight. The core product portfolio includes Chartering (spot voyage, consecutive voyage & time charters), COA Management, Post-Fixture Operations, TC Operations Management, Sale & Purchase, Barging, and Research & Strategy services. The company also produces proprietary research publications including The Sextant, View from the Bridge, Biodiesel Shipping Outlook, Palm Oil Shipping Outlook, Chemical Shipping Annual Review and Outlook, and FAME and Fortune. Eastport serves four main industry sectors: Chemical Bulk & Parcel Shipping (Liquid & Gas), Vegetable Oil & Biofuel Shipping, Crude Oil & Petroleum Product Shipping, and Dry Bulk Shipping. Research products are distributed via Bloomberg terminal. The company operates globally with headquarters in Singapore and offices in China, USA, Netherlands, UAE, Japan, and Spain.

Differentiator

Problem solved

Functional benefit

Products and services

• Chartering Top-of-the-line chartering services for charterers and ship owners covering spot voyage, consecutive voyage and time charters, spot market and freight enquiry, cargo and ship coverage, negotiation and conclusion, and contract documentation and administration.
• COA Management Dedicated Contract of Affreightment (COA) management service for clients looking to optimise their production and distribution business, including shipping needs assessment, goal and strategy formulation, tender management, and shipment database management.
• Post-Fixture Operations Charter-party documentation, shipment monitoring and performance, cost management, port and berth information, troubleshooting, and claims and collection management including laytime calculation and demurrage negotiation.
• TC Operations Management Time Charter Operations Management relieving clients of the need to build and manage their own shipping team, including time-charterer representation, port agency and bunker management, stowage planning, voyage instructions and monitoring, and cost monitoring and management.
• Sale & Purchase Projects Department consolidating activities in time-charter, sale and purchase, new building, and demolition contracting, specialising in tankers, chemical tankers, and bulkers and offshore vessels.
• Barging Inland waterways shipping coordination service coordinating shipment of more than 3.5 million metric tons of CPP, chemicals, biodiesel, and vegetable oil per annum, with regular contact with more than 30 barge owners in the European inland waterway network.
• Research & Strategy Strategic advisory services using top-down approach and analytical quantitative models with an in-house proprietary database, monitoring spot freights, time-charter rates, sale and purchase fixtures, and cargo movements, with products available on the Bloomberg terminal.

Quantifiable outcome

• Over 10 million tons of dry commodities moved per year
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Yamamizu of JapancoreStrategic or Co-development Partner · 1 January 1988Formed M.T.M Shipbrokers as a dry cargo business joint venture with Yamamizu of Japan in 1988. This partnership enabled Eastport to expand into dry bulk shipping operations.

Scale indicators8 records

Recent moves16 records

Expansion highlights5 records

Emerging players

• Maritime Strategies International: Smaller maritime consultancy and research firm producing tanker and dry bulk market analytics — overlaps with Eastport's Research & Strategy service and Bloomberg-distributed indices.

Direct peers

• Banchero Costa: Italian-headquartered shipbroker with particularly strong chemical and product tanker coverage; directly comparable to Eastport's chemical bulk & parcel expertise.
• Fearnleys: Norwegian shipbroker with long history in tanker, dry bulk, and offshore brokerage; similar global office footprint and client mix to Eastport.
• Simpson Spence Young (SSY): Global shipbroking group with offices in major shipping centers; competes with Eastport across tanker, dry bulk, and offshore chartering.
• Clarkson PLC (Clarksons): World's largest publicly listed shipbroker offering chartering, S&P, research, and financial services across all major segments — directly comparable to Eastport's full-lifecycle shipbroking and consultancy model.
• ACM Shipping Group: UK-based independent shipbroker covering dry bulk, tankers, containers, and offshore; similar relationship-driven B2B model to Eastport.
• Poten & Partners: US-headquartered shipbroker specializing in tankers and LNG, with deep coverage in petroleum brokerage — directly comparable to Eastport's petroleum desk and tanker S&P activity.
• Gibson Shipbrokers: Independent shipbroker focused on tanker and dry cargo markets; competes with Eastport for chartering mandates from international shipowners.
• Howe Robinson Partners: London-based shipbroker active in tankers and dry bulk chartering and S&P; comparable scale and product mix to Eastport.
• Braemar PLC (Braemar ACM): London-based global shipbroker and maritime services provider covering tankers, dry cargo, and offshore; competes head-to-head with Eastport in chartering and S&P advisory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries18 records

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 Eastport