BIMCO – February 2010 The Federation of National Associations of Shipbrokers and Agents (FONASBA) has taken a daring initiative towards setting quality standards for ship agents and brokers. The Quality Standard (QS) will serve to assist shipowners and operators in their selection of who is to represent them. This will ensure a specific level of knowledge and experience as well as financial standing of their selected representative.
INTERTANKO – November 2017 INTERTANKO wholeheartedly welcomes the introduction of FONASBA’s QUALITY STANDARD for SHIPBROKERS and AGENTS and is pleased to have contributed in a small way through our participation in FONASBA’S Port Tramp Agency Working Group (PTAWG). We believe that this Standard will provide the basis for a further world-wide quality enhancement of shipbroker and port agency services.
End, February 2010 Two-and-a-half years after it was first launched, a professional-standards benchmark for ship agent and brokers has won the backing of the world’s biggest shipowners’ association.
Fairplay QS, October 2008 How can a shipowner reassure himself when he places his very expensive vessel and cargo with an agent who is not obliged to prove he is able to handle the business, or, crucially, that he is sufficiently resourced to do so?
DCi Editorial Vet Agents, May 2007 “Vetting” is the process of examination and evaluation by which one party ascertains the quality of another party writes Jeanne Cardona, Executive Director, Association of Ship Brokers & Agents (USA), Inc. Although charterers have been vetting ships for quite some time, the concept has yet to reach the agency industry as a whole. INTERTANKO, in particular, has engaged in many discussions regarding the vetting of agents within this Associate Member Committee over the past couple of years.
Baltic Exchange News, March 2006 The Association of Ship Brokers and Agents (U.S.A.), Inc. agent members raise the bar for agency companies in the US by implementing a certification process that is inteded to assure principals of member agent’s quality and credibility…
Lloyd’s List, 2006 Supporting ships’ agents is all very well, but what about “bad apples” who leave principals in the lurch? The Association of Ship Brokers and Agents has decided to play policeman, imposing tough new guidelines for its agent members. But ASBA wields much more than a big stick.
Lloyd’s List, June 2005 The certification process, which is mandatory for all agent members, is intended to assure existing and prospective shipowner clients of the quality and credibility of the firms in three areas —sound handling of principals’ cash, adequacy of insurance coverage and competence of staff.
BIMCO Bulletin, June 2004 Recent high profile bankruptcies which left millions of dollars of Principals’ funds unaccounted for resulted in [ASBA’s] Agency Affairs Committee determination to provide a vetting mechanism for vessel operators to use to secure professional and trustworthy representation for their vessels calling North America.