Milbros Shipping AS

Company Information

Milbros Shipping AS was established in 1992 by Alan Milligan to operate as shipbrokers and consultants for the international maritime community.

The MCIS has formed the backbone of Milbros Shipping leading to close working relationships with major shipping companies World-wide.

As a consequence a chartering unit soon emerged specialising as brokers in the petrochemical freightmarket. The brokerage concentrate mainly on clean petroleum products, easy chemicals, vegoil/lubes and molasses for world-wide trading, but can also offer S+P services with a special focus on newbuilding deliveries from Russian yards to western based shipping companies.

With the wide range of specialised services covered by Milbros the chartering unit is in the fortunate position to capitalise on in-house services in the day to day chartering business towards its clients. For instance Milbros can offer services for cargo handling and cleaning procedures.

Business Activities

The company is concentrating its business activities on the following main areas:

Chartering, Sale and Purchase and Ship Management
Software Development and Sales
Yard and Maintenance Representation
Consultancy services

Broker Activities Within Spot and Period Market

Milbros Shipping AS is working closely with Scandianavian and American owners and charterers, such as Belships of Oslo , IverShips of Larvik, Statoil of Stavanger, Norsk Hydro of Oslo, East Asiatic and Norden of Copenhagen, Fram Shipping, and MTMM of Greenwich. In co- operation with these companies we are presently involved in 6 timecharters and a total of 7 newbuilding contracts.

One of Milbros Shipping's major clients is the Russian shipowning group of Primorsk Shipping Company, Nakhodka, which is controlling a modern fleet of more than 50 vessels plus an extensive newbuilding program.

The fleet range in size from 2.822 dwt to 40.474 dwt including 6 newbuildings for delivery in 1996 and 1997.

Through the good support from Primorsk and their foreign flag representation in London, Prisco (UK) Ltd., we are involved in marketing of 12 of their product/chemical tankers.

The success of the marketing is to a great extent a result of a small and efficient team with a high degree of competence and ability within Milbros' field of operation.

Milbros Shipping AS is in the process of opening a US office to further improve our ability to serve our customers.