Review-SSY Independent shipbroker

30 March 2025 - Written by ML

Overview

This report examines the employment profile for the independent ship broker SSY(SSY, 2025). The company is a member of the Baltic Exchange(Baltic Exchange, 2025).

Report method

Extracted employee details from the website and performed basic analysis to understand how the company structures its staffing.

Investigative approach

Step 1: Load the Data

  • Read first few records from the data file of employee by name, sector and location.
##                 Name              Sector    Location
## 1         Adam Banks             Tankers      London
## 2       Adam Lanning            Research      London
## 3     Aditi Sankhyan Dry Cargo (Postfix)       Dubai
## 4    Adrianna Keller           Dry Cargo Stamford CT
## 5     Ahmed El Masry           Dry Cargo   Singapore
## 6 Alastair Stevenson   Digital Analytics      London

Step 2: Location Count

  • Count the number of individuals per location:
## # A tibble: 25 × 2
##    Location    Count
##    <chr>       <int>
##  1 London        160
##  2 Singapore     119
##  3 Dubai          38
##  4 Athens         26
##  5 Varna          25
##  6 Shanghai       24
##  7 Oslo           16
##  8 Stamford CT    16
##  9 New York       10
## 10 Madrid          9
## # ℹ 15 more rows

Insight: London dominates with 160 employees, followed by Singapore with 119, Dubai with 38, Athens (26), Varna (25), Shanghai (24) and fewer in Other locations. Hong Kong showing 8 employees.

Step 3: Sector Count

  • Count the number of individuals per sector:
## # A tibble: 28 × 2
##    Sector              Count
##    <chr>               <int>
##  1 Dry Cargo             145
##  2 Tankers                65
##  3 Sale & Purchase        58
##  4 Derivatives            43
##  5 Dry Cargo (Postfix)    35
##  6 Accounts               28
##  7 Chemicals              18
##  8 Offshore               17
##  9 Tanker Operations      14
## 10 LNG                    13
## # ℹ 18 more rows

Insight: “Dry Cargo” (145 employees), Tankers (65). LNG (13). LPG is shown as having 3 people.

Step 4: Cross-Tabulate

  • Create a cross-table to see how sectors distribute across locations:
##                             Location
## Sector                       Athens Copenhagen Dubai Geneva Genoa Hamburg
##   Accounts                        0          1     1      0     1       0
##   Accounts, Administration        0          0     0      0     0       0
##   Accounts, Human Resources       0          0     0      0     0       0
##   Administration                  1          0     1      0     0       0
##   Chemicals                       0          0     1      0     0       0
##   Communications & Marketing      0          0     0      0     0       0
##   Compliance                      0          0     0      0     0       0
##   Corporate Finance               0          0     0      0     0       0
##   Derivatives                     0          0     8      0     0       0
##   Digital Analytics               0          0     0      0     0       0
##   Dry Cargo                       6          4    10      2     4       1
##   Dry Cargo (Postfix)             1          0     4      0     0       0
##   Human Resources                 0          0     0      0     0       0
##   IT Department                   0          0     0      0     0       0
##   LNG                             1          0     0      0     0       0
##   LPG                             0          2     0      0     0       0
##   Newbuilding                     0          0     0      0     0       0
##   Offshore                        0          0     4      0     0       5
##   Projects                        0          0     0      0     0       0
##   Research                        0          0     0      0     0       0
##   Sale & Purchase                17          0     3      0     0       2
##   Tanker Operations               0          0     1      0     0       0
##   Tanker Operations, Tankers      0          0     0      0     0       0
##   Tanker Projects                 0          0     1      0     0       0
##   Tanker Research                 0          0     0      0     0       0
##   Tankers                         0          1     4      0     0       0
##   Towage                          0          0     0      0     0       0
##                             Location
## Sector                       Hong Kong S.A.R Houston Kristiansand London Madrid
##   Accounts                                 1       0            0     13      0
##   Accounts, Administration                 0       0            0      1      0
##   Accounts, Human Resources                0       0            0      0      0
##   Administration                           0       0            0      4      0
##   Chemicals                                0       4            0      0      4
##   Communications & Marketing               0       0            0      3      0
##   Compliance                               0       0            0      3      0
##   Corporate Finance                        0       0            0      1      0
##   Derivatives                              0       0            0     22      0
##   Digital Analytics                        0       0            0      3      0
##   Dry Cargo                                3       0            0     29      0
##   Dry Cargo (Postfix)                      0       0            0      4      0
##   Human Resources                          0       0            0      2      0
##   IT Department                            0       0            0      8      0
##   LNG                                      0       0            0      6      0
##   LPG                                      0       0            0      0      0
##   Newbuilding                              0       0            0      0      0
##   Offshore                                 0       0            4      0      0
##   Projects                                 0       0            0      0      0
##   Research                                 0       0            0     11      0
##   Sale & Purchase                          4       0            1     11      0
##   Tanker Operations                        0       0            0      2      0
##   Tanker Operations, Tankers               0       0            0      2      0
##   Tanker Projects                          0       0            0      1      0
##   Tanker Research                          0       0            0      1      0
##   Tankers                                  0       1            0     28      5
##   Towage                                   0       0            0      4      0
##                             Location
## Sector                       Mumbai New York Osaka Oslo Rio de Janeiro
##   Accounts                        1        0     0    0              0
##   Accounts, Administration        0        0     0    0              0
##   Accounts, Human Resources       0        0     0    0              0
##   Administration                  0        0     0    0              0
##   Chemicals                       0        0     0    0              0
##   Communications & Marketing      0        0     0    0              0
##   Compliance                      0        0     0    0              0
##   Corporate Finance               0        0     0    1              0
##   Derivatives                     0        0     0    0              0
##   Digital Analytics               0        0     0    0              0
##   Dry Cargo                       0        0     0    8              0
##   Dry Cargo (Postfix)             0        0     0    0              0
##   Human Resources                 0        0     0    0              0
##   IT Department                   0        0     0    0              0
##   LNG                             0        0     0    0              0
##   LPG                             1        0     0    0              0
##   Newbuilding                     0        0     0    1              0
##   Offshore                        0        0     0    4              0
##   Projects                        0        0     2    0              0
##   Research                        0        0     0    0              0
##   Sale & Purchase                 0        1     0    2              0
##   Tanker Operations               1        3     0    0              0
##   Tanker Operations, Tankers      0        1     0    0              0
##   Tanker Projects                 0        0     0    0              2
##   Tanker Research                 0        0     0    0              0
##   Tankers                         3        5     0    0              0
##   Towage                          0        0     0    0              0
##                             Location
## Sector                       Seoul Korea Shanghai Singapore Stamford CT Sydney
##   Accounts                             0        0         5           2      1
##   Accounts, Administration             0        0         0           0      0
##   Accounts, Human Resources            1        0         0           0      0
##   Administration                       0        1         2           0      0
##   Chemicals                            0        0         9           0      0
##   Communications & Marketing           0        0         0           0      0
##   Compliance                           0        0         0           0      0
##   Corporate Finance                    0        2         3           0      0
##   Derivatives                          0        1        11           1      0
##   Digital Analytics                    0        0         0           0      0
##   Dry Cargo                            2        8        37           8      5
##   Dry Cargo (Postfix)                  0        1        11           1      2
##   Human Resources                      0        0         1           0      0
##   IT Department                        0        0         1           0      1
##   LNG                                  0        1         4           1      0
##   LPG                                  0        0         0           0      0
##   Newbuilding                          0        1         0           0      0
##   Offshore                             0        0         0           0      0
##   Projects                             0        0         2           0      0
##   Research                             0        1         1           0      0
##   Sale & Purchase                      3        8         6           0      0
##   Tanker Operations                    0        0         7           0      0
##   Tanker Operations, Tankers           0        0         0           0      0
##   Tanker Projects                      0        0         4           0      0
##   Tanker Research                      0        0         0           0      0
##   Tankers                              0        0        15           3      0
##   Towage                               0        0         0           0      0
##                             Location
## Sector                       Tokyo Vancouver Varna Zug
##   Accounts                       0         0     2   0
##   Accounts, Administration       0         0     0   0
##   Accounts, Human Resources      0         0     0   0
##   Administration                 0         0     1   0
##   Chemicals                      0         0     0   0
##   Communications & Marketing     0         0     0   0
##   Compliance                     0         0     0   0
##   Corporate Finance              0         0     0   0
##   Derivatives                    0         0     0   0
##   Digital Analytics              0         0     0   0
##   Dry Cargo                      1         4    12   1
##   Dry Cargo (Postfix)            1         0    10   0
##   Human Resources                0         0     0   0
##   IT Department                  0         0     0   0
##   LNG                            0         0     0   0
##   LPG                            0         0     0   0
##   Newbuilding                    0         0     0   0
##   Offshore                       0         0     0   0
##   Projects                       6         0     0   0
##   Research                       0         0     0   0
##   Sale & Purchase                0         0     0   0
##   Tanker Operations              0         0     0   0
##   Tanker Operations, Tankers     0         0     0   0
##   Tanker Projects                0         0     0   0
##   Tanker Research                0         0     0   0
##   Tankers                        0         0     0   0
##   Towage                         0         0     0   0

Insight:

  • “LPG” is concentrated in Copenhagen (2) and Mumbai (1).

  • London and Singapore have the broadest mix of sectors (e.g. particular focus on “Dry Cargo”, “Tankers”). Derivatives teams are largely London, Singapore and Dubai based.

Step 5: Visualizations

  • Visualize location counts and the sector-location relationship:

Insight from Visuals:

  • The bar plot highlights the central focus in London.

  • The heatmap shows clusters (e.g., broad mix of sectors in London in London with specialist sectors elsewhere).

Step 6: LPG and Products people

  • List people in LPG and Products sectors:
Employees in LPG and Products Sectors by Location
Name Sector Location
Emil Ponnert LPG Copenhagen
Thorstein Bergersen LPG Copenhagen
Amit Kalhans LPG Mumbai

Insight: The LPG teams together consist of 3 employees.

Conclusion

Key Patterns Identified
  • Geographic Concentration: London is the hub (160 employees).
  • Sector Distribution: “Dry Cargo”, “Tanker” trading sizable.
  • LPG presence - small for size?

References

Baltic Exchange. (2025). Panellists. Baltic Exchange. https://www.balticexchange.com/en/data-services/panellists.html
SSY. (2025). Find a broker. SSY. https://www.ssyglobal.com/contact?p=5