Five of the world’s leading shipbroking firms—Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and SSY—have united to introduce Ocean Recap – a purpose-built recap and charter party management platform.
Developed in partnership with Signal Ocean, Ocean Recap seeks to address what the brokers described in a release as “growing concerns of monopolisation” and data security in the recap and charter party space, in likely reference to the Clarksons-backed SEA platform which has come to dominate this field of tramp shipping.
Ocean Recap has already produced more than 1,000 charter parties for more than 75 clients across both the tanker and dry markets.
Jeroen Wolthuis, CEO of Ocean Recap, commented: “Ocean Recap represents a defining moment for the maritime industry. By uniting some of the most respected names in shipbroking, we are creating a platform that prioritises independence, security, and industry collaboration. This is not just a service; it’s a commitment to preserving the integrity and privacy of our clients’ data while revolutionising how recaps and charter parties are managed. We invite brokers, charterers and owners to join us as early adopters and help shape the future of this critical industry.”
