Chapters (14)
- 00The brief
- 01Market data
- 02How do charterers and owners find a shipbroker today?
- 03What do principals actually choose a broker for?
- 04What is a new client worth to a broking desk?
- 05Which marketing channels actually work for shipbrokers?
- 06Which rules affect how shipbrokers market?
- 07When does broking demand rise and fall?
- 08What mistakes do brokers make when trying to grow?
- 09A 90-day plan for a small broking desk
- 10Bottom line
- 11Questions owners ask
- 12Sources
- 13State reports
00The brief2 min
The brief
Short answer
Shipbroking runs on relationships and market information, not inbound leads. Charterers and owners give business to brokers who send accurate positions and market views every day, answer fast and keep their word. Grow by covering a defined segment deeply, earning credentials, showing up at the right events and using LinkedIn and email carefully, not by buying leads.
- Fact 01BIMCO says it has 2,100 members in 120 countries and that its members cover two-thirds of the world's tonnage.2
- Fact 02The Institute of Chartered Shipbrokers was founded in 1911, became a Royal Charter organisation by 1920, and has 27 international branches with 4,000 members.8
- Fact 03AIS must be fitted on all ships of 300 gross tonnage and upwards on international voyages, cargo ships of 500 gross tonnage and upwards not on international voyages, and all passenger ships.10
- Fact 04VesselFinder's terms bar extracting content with bots, scrapers or crawlers except through authorized APIs.11
- Fact 05Under UK PECR, the rule on email marketing to individuals does not apply to corporate subscribers, but UK GDPR still applies to business contact data.17
Shipbroking is the clearest case in this library of a business that does not run on leads. A charterer with a cargo to move does not search Google for a broker. It calls the two or three brokers whose numbers it trusts, who sent it accurate positions this morning, and who did what they said on the last fixture. An owner with an open ship does the same. If you are looking for a lead source to switch on, this page will disappoint you. If you want to know what actually grows a broking desk, read on.
Disclosure. Strive LeadGen is a new company (founded 2026) building lead generation sites and flat-fee marketing for businesses like these. It has no clients yet. Guides cover channels Strive does not sell and cite their sources. Market figures are Strive's analysis of Google Keyword Planner data (method).
01Market dataKeyword Planner, US
The shipbroking market in search data
| Search term | Monthly searches (Google range) | Top-of-page bid |
|---|---|---|
| marine traffic | 100K-1M | $1.53 |
| marinetraffic | 100K-1M | $1.53 |
| marine finder | 100K-1M | $1.53 |
| vesselfinder marine traffic | 100K-1M | $1.53 |
| marine traffic website | 100K-1M | $1.53 |
| marine movements | 100K-1M | $1.53 |
| marine ship traffic | 100K-1M | $1.53 |
| marine tracker website | 100K-1M | $1.53 |
| marine trackers | 100K-1M | $1.53 |
| marine traffic site | 100K-1M | $1.53 |
| maritime ship traffic | 100K-1M | $1.53 |
| msc cargo tracking | 10K-100K | $11.62 |
Google Ads Keyword Planner, United States, Sep 2025 to Aug 2026. Close variants are counted once, and brand, retailer and DIY searches are left out. Bids are Google's high-range top-of-page estimates, not cost per lead. Urgent and Near me tags are matched from the words in each term. Method.
| Tier | State | Distinct terms | Median bid |
|---|---|---|---|
| Top 5 | California | 113 | $2.61 |
| Top 5 | Florida | 96 | $1.76 |
| Top 5 | Texas | 80 | $1.57 |
| Top 5 | New York | 76 | $2.73 |
| Top 5 | Washington | 52 | $1.14 |
| Top 10 | Michigan | 50 | $1.00 |
| Top 10 | Virginia | 50 | $2.79 |
| Top 10 | Massachusetts | 50 | $1.03 |
| Top 10 | Georgia | 45 | $1.49 |
| Top 10 | New Jersey | 43 | $1.91 |
Ordered by distinct search terms. Google's ranges are wide, so position is shown as a tier and states close together should be treated as similar. Highest median bids: New Hampshire $28.54, Alaska $5.81, Colorado $3.11, Virginia $2.79, New York $2.73.
02Chapter1 min
How do charterers and owners find a shipbroker today?
Mostly through people they already know. Chartering desks, operators and owners deal with a small set of brokers in each segment (dry bulk, tankers, gas, containers, sale and purchase), and new brokers usually come in through a colleague’s move, a referral or a broker who proved useful on a difficult cargo.
Search data confirms that clients do not find brokers through search. In the Strive analysis of Google Keyword Planner data from September 2025 to August 2026, the measured demand in this category is almost entirely vessel tracking: searches like “marine traffic”, “marine finder”, “marine ship traffic” and “marine trackers”, each nationally in the 100,000 to 1 million monthly range1. Across 291 distinct terms, the median top-of-page bid estimate (high range) was $1.831. Searches for brokers or chartering services did not appear among the top terms in any of the 32 state reports1. Those are people checking where a ship is, most likely a mix of shipping staff, port workers and the curious, not charterers looking for a broker. Bidding on them buys the wrong audience.
So the question is not “how do I get found?” It is “how do I become one of the few names a principal calls?”
03Chapter2 min
What do principals actually choose a broker for?
Principals pay brokers for four things. None of them is a lead.
- Market information. Who has tonnage open where and when, what the last fixtures paid, and which way the market is moving. In practice that means daily position lists and market reports that are accurate and short.
- Reach. The ability to show a cargo to the right owners, or a ship to the right charterers, quickly and discreetly.
- Negotiation and paperwork. Working the terms and the charter party. Most fixtures use standard forms. BIMCO’s GENCON 2022 is a general-purpose voyage charter party4, and ASBA and BIMCO jointly published ASBATANKVOY 2025 for oil tankers6.
- Trust. Brokers carry offers and counteroffers that bind their principals. A broker who misstates a position or leaks a cargo loses the desk.
Position lists and AIS data
Position lists are the daily product most clients judge you by: ships open, where and when, with key details. Good lists come from owners’ circulars, calls with operators and licensed data, then get checked against each other.
AIS feeds help confirm where ships are. IMO rules require AIS on all ships of 300 gross tonnage and upwards on international voyages, cargo ships of 500 gross tonnage and upwards not on international voyages, and all passenger ships10. Commercial AIS platforms sell that data under terms. VesselFinder’s terms, for example, bar extracting content with bots, scrapers or crawlers except through authorized APIs, and say public use of derived data must not disclose the underlying AIS data unless your plan permits it11. Do not scrape tracking sites. License the data under a plan that covers your use, and read the redistribution terms before you put AIS-derived positions in a circular that goes to hundreds of people.
04Chapter2 min
What is a new client worth to a broking desk?
Brokerage is usually a percentage of freight or hire, written into the charter party. The rate is negotiated and varies by segment and by how many brokers share the deal, so no single public figure applies. The example below shows the method.
Worked example: the value of one new charterer relationship
Illustrative inputs, not sourced benchmarks.
- Cargo: 55,000 tonnes of grain at $30 a tonne freight
- Freight: 55,000 × $30 = $1,650,000
- Brokerage: 1.25% of freight, shared with no other broker
- Commission on one fixture: $1,650,000 × 0.0125 = $20,625
If the charterer fixes four cargoes a year through you, that is $82,500 a year in commission. If the relationship lasts five years, the gross value is about $412,500 before desk costs and before any rate changes. A time charter works the same way: a ship at $15,000 a day for 60 days is $900,000 of hire, and 1.25% of that is $11,250.
Now compare that with the cost of earning the relationship. A trip to a major shipping event might cost $6,000 in travel and fees, and a broker might spend 50 hours over six months sending positions and market notes before the first fixture. If one in five of those efforts turns into a regular client, you are spending perhaps $30,000 in travel and time to win a relationship worth hundreds of thousands. That is the math that makes this business relationship-driven. It also shows why a $50 “lead” is meaningless here: the cost of a contact is trivial next to the cost of earning trust.
05Chapter5 min
Which marketing channels actually work for shipbrokers?
Ranked for a small desk or a broker building a book. Order shifts by segment.
| Rank | Channel | Cost type | What it does | Main weakness |
|---|---|---|---|---|
| 1 | Daily market coverage (positions, reports) | Time, data licenses | Keeps you in front of principals every day | Worthless if inaccurate |
| 2 | Referrals and existing network | Time | Warm introductions to desks | Slow to compound |
| 3 | Credentials and associations | Exams, dues | Signals competence and conduct | Not a direct source of business |
| 4 | Industry events | Travel, fees | Face time with principals | Expensive without a meeting plan |
| 5 | Time, small ad spend | Visibility for market views | Noisy; easy to overpost | |
| 6 | Targeted email | Time | Distributing positions and reports | Legal rules; inbox fatigue |
| 7 | Bought leads and contact lists | Per lead or per list | Little | No trust attached |
Daily market coverage
This is the core channel. A short, accurate daily position list or market note, sent at the same time each day to principals who asked for it, keeps your name on their desk. Many brokers find that a principal reads the lists of four or five brokers and calls the one whose list was right last week. Accuracy beats volume.
Speed also matters. HBR’s analysis of 1.25 million leads at 42 U.S. companies found that firms that tried to contact a lead within an hour were nearly seven times as likely to qualify it as firms that waited even an hour longer21. That study was not about shipping, but the lesson carries: a cargo order answered in ten minutes is worth more than the same answer tomorrow.
Credentials and associations
The Institute of Chartered Shipbrokers, founded in 1911 and a Royal Charter organisation by 1920, describes itself as a professional body with 27 international branches and 4,000 members8. Its qualifications are a recognized signal of competence when you are new to a principal.
BIMCO has 2,100 members in 120 countries, says its members cover two-thirds of the world’s tonnage2, and offers a membership category for shipbrokers and chartering agents3. It writes many of the standard contracts brokers work with every day4.
In the U.S., the Association of Ship Brokers and Agents, established in 1934, brings together dry cargo, tanker and sale and purchase brokers, plus affiliate owners, operators and charterers5. Its membership is itself a network of principals.
The Baltic Exchange in London is a membership organisation for the maritime industry and a provider of freight market information used to trade and settle chartering and derivative contracts, and its members commit to a code of business conduct; it is owned by Singapore Exchange9. The source here is secondary, because the Exchange’s site blocked automated access; check details directly with the Exchange. For a broker, the Baltic matters in two ways: its published assessments are the shared reference for rates, and membership signals that you accept its conduct standards.
Industry events
Events are where relationships start and get renewed. Examples, all from organizers’ own sites:
- ASBA. The ASBA Cargo Conference was held in Miami Beach on September 23 to 25, 2026, and ASBA also runs smaller events such as a Dry Cargo Lunch in Houston7.
- Posidonia. The next Posidonia runs 5 to 9 June 2028 at the Metropolitan Expo in Athens12.
- Marine Money. Ship finance forums in Greece, Korea, China, New York, New Orleans and London, including a Ship Finance Forum in New York on November 19, 2026 and a London Ship Finance Forum on January 28, 202713. Finance events put you in a room with owners’ senior teams.
A common rule of thumb: decide which ten principals you want to meet before you book travel, and set the meetings in advance. Use the receptions for everyone else.
LinkedIn lets advertisers target by job title, company name, industry and seniority14, so a small budget can put a market note in front of chartering managers at named companies. Organic posting works the same way at no cost. Post sparingly and only when you have something specific to say: a rate move, a route change, a new regulation. Never post client names or fixture details your principals have not cleared.
Distribution emails for positions and reports are routine, but they are still commercial email. In the U.S., CAN-SPAM makes no exception for business-to-business email: you need honest headers and subject lines, an ad disclosure, a valid postal address and an opt-out you honor within 10 business days, and each violating email can draw up to $53,088 in penalties15. Whether a message counts as commercial depends on its primary purpose16. In the UK, PECR’s email consent rule does not apply to corporate subscribers such as companies and LLPs, but sole traders and some partnerships count as individuals, and UK GDPR still applies to personal data used for marketing, even in a business context17. Send lists only to people who asked for them or who plainly work in the segment, and remove anyone who opts out.
Why buying leads rarely fits
Per-lead buying works when a stranger is ready to hire a provider today, like a homeowner with a broken water heater. Shipping principals are not strangers looking for a provider. They already have brokers, and they add one when that broker shows them something the others did not. A purchased list of “charterers” gives you names, not trust. Many brokers also find that unsolicited mass emails to a principal’s chartering desk get their domain filtered, which hurts their legitimate distribution.
If you spend on outside help, spend it on licensed data, market research, a good CRM, or a junior who can keep your lists accurate.
06Chapter1 min
Which rules affect how shipbrokers market?
This is not legal advice. Talk to maritime counsel for your situation.
- FMC licensing. No person in the United States may advertise, hold out or act as an ocean transportation intermediary without an FMC license20. The Shipping Act defines an ocean transportation intermediary as an ocean freight forwarder or a non-vessel-operating common carrier18, and the FMC’s definition of common carrier excludes ocean tramp transportation19. A pure chartering broker may fall outside these definitions, but if you also book liner cargo or forward freight, check before you advertise those services.
- Data terms. AIS platform terms limit scraping and redistribution11.
- Email. CAN-SPAM in the U.S.1516; PECR and UK GDPR in the UK17.
- Confidentiality. Cargo orders and fixture terms belong to your principals. Do not use them in marketing without consent.
07Chapter1 min
When does broking demand rise and fall?
Demand follows freight markets, trade flows, harvests and geopolitics, not a calendar a marketing plan can rely on. This review found no public source that gives a reliable seasonal curve for broking business, so treat seasonality as unknown for your segment. Track your own fixtures and inquiries by month for two years, and plan travel and coverage around your segment’s known cycles, such as grain harvest windows in dry bulk.
08Chapter1 min
What mistakes do brokers make when trying to grow?
- Chasing inbound leads. Search demand is for ship tracking, not brokers1. Ads on those terms buy the wrong audience.
- Inaccurate position lists. One wrong ship costs more credibility than ten good lists earn.
- Scraping AIS sites. It breaks terms11 and puts your data supply at risk.
- Mass, unconsented email. It can break CAN-SPAM or UK rules1517 and gets you filtered.
- Covering too much. A broker who knows every ship in one segment beats one who knows a little about all of them.
- Events without meetings. Travel is expensive. Book the meetings first.
09Chapter1 min
A 90-day plan for a small broking desk
Plan 09.A / Weeks 1 to 12 3 phases
Days 1 to 30Define and fix the product
- W1Pick one segment and region where you can be the best-informed broker.
- W2Audit your position list sources. Replace any scraped data with licensed feeds and check redistribution terms1011.
- W3Set a daily send time and format for positions and a weekly market note.
- W4Make every distribution email CAN-SPAM and PECR compliant1517.
Days 31 to 60Build credentials and reach
Days 61 to 90Meet and measure
- W9Pick the next one or two events for your segment71213. Book meetings before booking travel.
- W10Log every inquiry and fixture by principal and source.
- W11Calculate commission per relationship using the worked example above.
- W12Drop principals who never fix through you, and spend that time on the ten who might.
10Chapter1 min
Bottom line
- Shipbroking runs on relationships and market information; clients do not find brokers through search, and the measured search demand is for ship tracking.
- Daily, accurate position lists and fast answers are the best marketing a broker has.
- Credentials and associations (ICS, BIMCO, ASBA, the Baltic Exchange) signal competence and conduct to principals who do not know you yet.
- License AIS data under terms that cover your use; do not scrape tracking sites.
- Per-lead buying rarely fits, because the value is in trust that a purchased contact does not carry.
11Questions owners ask5 questions
Questions owners ask
Q01Should a shipbroker buy leads?
Almost never in the per-lead sense. Charterers and owners pick brokers they trust and who see the market, and a name on a purchased list has no reason to trust you. Money works harder on market coverage, credentials, events and time with clients.
Q02Can I scrape AIS sites to build position lists?
Do not. Ship tracking sites set terms of use, and VesselFinder's terms, for example, bar automated extraction except through authorized APIs. License AIS data from a provider under a plan that permits your use, and build lists from owners' circulars and your own calls.
Q03Do I need an FMC license to be a shipbroker in the U.S.?
An FMC license is required to act as an ocean transportation intermediary, which the Shipping Act defines as an ocean freight forwarder or a non-vessel-operating common carrier. Pure chartering brokers may not fit that definition, but if you also book or forward liner cargo, check with maritime counsel.
Q04Is cold email to charterers legal?
In the U.S., yes, if it follows CAN-SPAM, which makes no exception for business-to-business email. In the UK, PECR's email consent rule does not apply to corporate subscribers, but UK GDPR does. Keep it relevant, identify yourself and honor opt-outs.
Q05What is the best way for a shipbroker to win new clients?
Shipbroking runs on relationships and market information, not inbound leads. Daily, accurate position lists and fast answers are the best marketing a broker has, backed by credentials and associations such as ICS, BIMCO, ASBA and the Baltic Exchange. Cover a defined segment deeply, show up at the right events, and use LinkedIn and email carefully. Per-lead buying rarely fits, because the value is in trust that a purchased contact does not carry.
12Sources21 cited
Sources
- 01Methodology: Strive analysis of Google Keyword Planner data, Sep 2025 to Aug 2026. Strive LeadGen. Accessed Oct 7, 2026.
- 02About BIMCO. BIMCO. Accessed Oct 7, 2026.
- 03Membership. BIMCO. Accessed Oct 7, 2026.
- 04GENCON 2022. BIMCO. Accessed Oct 7, 2026.
- 05About ASBA. Association of Ship Brokers and Agents (USA). Accessed Oct 7, 2026.
- 06ASBA Charter Parties. Association of Ship Brokers and Agents (USA). Accessed Oct 7, 2026.
- 072026 Events. Association of Ship Brokers and Agents (USA). Accessed Oct 7, 2026.
- 08Welcome to the Institute of Chartered Shipbrokers. Institute of Chartered Shipbrokers. Accessed Oct 7, 2026.
- 09Baltic Exchange. Wikipedia (secondary source; the Baltic Exchange site blocked automated access). Accessed Oct 7, 2026.
- 10AIS transponders. International Maritime Organization. Accessed Oct 7, 2026.
- 11Terms of Service. VesselFinder. Accessed Oct 7, 2026.
- 12Posidonia (home page, Posidonia 2028 dates). Posidonia Exhibitions. Accessed Oct 7, 2026.
- 13Marine Money (upcoming events). Marine Money. Accessed Oct 7, 2026.
- 14LinkedIn ad targeting. LinkedIn Marketing Solutions. Accessed Oct 7, 2026.
- 15CAN-SPAM Act: A Compliance Guide for Business. Federal Trade Commission. Accessed Oct 7, 2026.
- 1616 CFR 316.3, Primary purpose (CAN-SPAM Rule). Cornell Legal Information Institute (eCFR text). Accessed Oct 7, 2026.
- 17Business-to-business marketing. UK Information Commissioner's Office. Accessed Oct 7, 2026.
- 1846 U.S.C. 40102, Definitions (Shipping Act). Cornell Legal Information Institute. Accessed Oct 7, 2026.
- 1946 CFR 515.2, Definitions. Cornell Legal Information Institute (eCFR text). Accessed Oct 7, 2026.
- 2046 CFR 515.3, License; when required. Cornell Legal Information Institute (eCFR text). Accessed Oct 7, 2026.
- 21The Short Life of Online Sales Leads. Harvard Business Review (Oldroyd, McElheran, Elkington, March 2011). Accessed Oct 7, 2026.
13State reports32 reports
Shipbroking by state
Each state report shows what customers in that state search for, how much advertisers bid, and how the market compares with the rest of the country.
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