orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . september 2010 mjlf & associates type private industry shipping founded 1979 headquarters stamford connecticut united states key people curt townshend president number of employees 41 website www.mjlf.com mallory jones lynch flynn & associates mjlf & associates or mjlf is an international ship brokerage and advisory firm with primary offices located in stamford connecticut united states and a second office located in athens greece . formally founded in 1979 in new york city the mjlf maritime tradition dates back to the early 19th century by way of charles mallory a named partner and founder of the firm . the mallory s of mystic connecticut began as sail makers in 1819 and by 1945 had developed into america s largest ship owner . as a ship brokerage firm mjlf functions as an intermediary between clients who need shipping services and suppliers who provide them . the firm executes vessel chartering as well as concluding sales and purchase transactions . contents 1 vessel chartering 2 sales and purchase transactions 3 post fixtures 4 references 5 further reading 6 external links vessel chartering edit the spot department is designated for the executing of vessel chartering which includes voyage charters time charters and bareboat charters . a voyage charter consigns a vessel to a specified transport of commodities between ports or regions . time and bareboat charters on the other hand dedicate a vessel s employment for a period of time for unspecified trading . a bareboat charter unlike a time charter implies that no crew or provisions will be included as part of the agreement . shipbrokerage firms may specialize in dry cargo vessels tankers combination carriers liquid gas carriers or other vessel types . mjlf specializes in oil tankers ships designated to carry bulk liquids such as crude oil and petroleum . mjlf executes the point to point movement of these products in both u.s. flag and international markets . currently the firm averages over 1 000 spot cargo movements annually . 1 these completed transactions are known by industry jargon as fixtures . sales and purchase transactions edit the s & p project department is designated for newbuildings the sales and purchase of existing vessels and scrapping . s & p is characterized by a longer time frame and higher capital commitments for transactions . it is further distinguished from conventional brokerage by the wide array of participants with diverse technological expertise who come together during a transaction . to this end mjlf employs engineers former shipyard professionals ship officers and mba s. 1 post fixtures edit an operational department follows the chain of events after the vessel s negotiation has been concluded to ensure the proper implementation of contract details and to act as a liaison between owners and charterers during the voyage . the operations staff drafts a freight invoice for the owners aids in facilitating the vessel s arrival at the load port within the stipulated laydays and monitors the owner s miscellaneous and demurrage claims until settlement . 2 references edit a b mjlf official website bloomberg company snapshot further reading edit tradewinds article subscription required second tradewinds article subscription required external links edit official website best maritime info retrieved from https en.wikipedia.org w index.php title mjlf % 26 associates & oldid 700769602 categories companies based in stamford connecticutshipbroking companieshidden categories orphaned articles from september 2010all orphaned articlespages containing links to subscription only content navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 20 january 2016 at 14 40 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view