The Student Room Group

Career as a Shipbroker?...

What advice would anyone have for a 21 year old American who has just earned his Associates degree (for what its worth) and is interested in the industry? Where might I start, other than relatively basic internet research? How does one begin to enter the field? Any and all information will help immensely. Thanks.
I took a look at Clarksons' site before posting. I'm trying to get more information on where to start initially... I realize general business experience is a factor, so I suppose the questions I'm really looking to answer would be: should I continue my education (taking on student loan debt) and go for a business oriented bachelor's degree? or should I try to get a get any job I can with a company instead? And does it take prior experience to even get that job?... Thanks again.
Reply 3
Original post by Kevin Monaweck
I took a look at Clarksons' site before posting. I'm trying to get more information on where to start initially... I realize general business experience is a factor, so I suppose the questions I'm really looking to answer would be: should I continue my education (taking on student loan debt) and go for a business oriented bachelor's degree? or should I try to get a get any job I can with a company instead? And does it take prior experience to even get that job?... Thanks again.


I would think so yes. Try to get into a top university to do Economics or something. You'll need to have extremely good people and social skills to be successful in brokering.
Nonsense, you don't need to get into a top university to get into ship broking. I managed it with a Physiology degree from Glasgow. You are more likely to get into a graduate scheme, but they are only with Maersk, ICAP and Clarksons. I didn't include my degree on my CV apart from those graduate schemes (despite being a 2.1), as it wasn't relevant, and most ship-brokers don't think its relevant. Hell, most brokers don't have a degree.

Yes it's a closed door industry, but that just makes it more rewarding when you do get in. If you can sell yourself well with the little shipping experience you have, and can talk your way through a technical interview, then you are ahead of a lot of people coming fresh out of uni

So, simply put

Do the ICS foundation diploma, Increase your knowledge. More info can be found here, http://www.ics.org.uk (Note, I would recommend doing Introduction to shipping and shipping business as your first modules, simply because you don't want to specialise before you've even got a trainee role)

Network with people in shipping (linkedin is a start, join some maritime industry groups), try get some work experience, whether its a couple of weeks or a couple of months.

Send your CV to everyone possible. Phone people up, physically walk into offices (This is what worked for me). It doesn't even need to be broking houses, send your CV's to shipping agents, freight forwarders, shipowners, ship insurance underwriters etc etc. Just get a list of names you can drop. Who you know is important in shipping, they will look for family ties to shipping, but just make sure you can demonstrate why you are better educated in the subject than the guy born into it.

Drop me a line if you have any more questions.
Reply 5
Original post by Cripplejitzu
Nonsense, you don't need to get into a top university to get into ship broking. I managed it with a Physiology degree from Glasgow. You are more likely to get into a graduate scheme, but they are only with Maersk, ICAP and Clarksons. I didn't include my degree on my CV apart from those graduate schemes (despite being a 2.1), as it wasn't relevant, and most ship-brokers don't think its relevant. Hell, most brokers don't have a degree.

Yes it's a closed door industry, but that just makes it more rewarding when you do get in. If you can sell yourself well with the little shipping experience you have, and can talk your way through a technical interview, then you are ahead of a lot of people coming fresh out of uni

So, simply put

Do the ICS foundation diploma, Increase your knowledge. More info can be found here, http://www.ics.org.uk (Note, I would recommend doing Introduction to shipping and shipping business as your first modules, simply because you don't want to specialise before you've even got a trainee role)

Network with people in shipping (linkedin is a start, join some maritime industry groups), try get some work experience, whether its a couple of weeks or a couple of months.

Send your CV to everyone possible. Phone people up, physically walk into offices (This is what worked for me). It doesn't even need to be broking houses, send your CV's to shipping agents, freight forwarders, shipowners, ship insurance underwriters etc etc. Just get a list of names you can drop. Who you know is important in shipping, they will look for family ties to shipping, but just make sure you can demonstrate why you are better educated in the subject than the guy born into it.

Drop me a line if you have any more questions.


Great advice!
Original post by Hanshen
Great advice!


Thanks Bro,

I know how much of a pain it is getting into this industry, so I thought I would spread the knowledge. You do get rejected a lot, but its all about perseverance.

Some further points. Shipping guys breath international travel, so boast about that gap year in Thailand/South America/etc. If you haven't been, you can always make it up.

And London is very over saturated, over 700 shipbrokers offices, all competing for the little cargoes there are at present. I just got lucky, but places to look outside of UK are Singapore, U.A.E. Hong Kong, basically the whole east of the planet. I plan to move out that way very soon.

Finally, please don't tout speaking 6 languages unless one of them is Mandarin or Arabic (those really impress folk if you are british), because no-one really cares otherwise, all business is done in English.
Reply 7
Original post by Kevin Monaweck
What advice would anyone have for a 21 year old American who has just earned his Associates degree (for what its worth) and is interested in the industry? Where might I start, other than relatively basic internet research? How does one begin to enter the field? Any and all information will help immensely. Thanks.


You won't beat the advice given above, but if you want to get into shipbroking, networking and getting your name out there is how to go about it. They do not care about university. Period. I strongly suggest looking at Singapore aswell, I was over there a few months ago and most of the brits I got chatting to were all in the maratime business, seems to be doing very well out, just something to bear in mind.
Hi,I am a sailor and want to get into ship broking industry. So I have gathered all the information regarding ship broking but still I haven't get one answer from anyone... that before pursuing or during pursuing the course in which kind of job I should get into... so that I can build nice contact in shipping industry along with good experience which I can improvise for my further career...
Reply 9
Original post by PRAVESH_c
Hi,I am a sailor and want to get into ship broking industry. So I have gathered all the information regarding ship broking but still I haven't get one answer from anyone... that before pursuing or during pursuing the course in which kind of job I should get into... so that I can build nice contact in shipping industry along with good experience which I can improvise for my further career...


Hi, this is a 5 year old thread but the info above is probably still relevant.

Also simply try contacting local shipbrokers and ask about any entry-level vacancies.
Hi

Anyone know about the salary comparison between Investment banking and shipbroking?
I have to decide one of them to work

Thanks
Hi,Also interested getting into clarksons.20 years old, fluently english,german,french,russian learning basic mandarin. Maritime managament graduate - top of the class,rewarded by getting one semester in shanghai maritime university- best maritime universitiy in the world by ranking. Parallel to excelling in college worked first year as a full time freight forwarder, afterwards got the only internship in the best shipbrokerage firm in my region. Amd started my own company aswell that is paying me really good.My day- college,internship,working on my company, training and sleeping.Am I a good prospect for getting a job at clarksons? What would you suggest me to get better at?
Hi, I'm grateful for your answer. However, I clicked the ICS link and looked at
Darn, I don't think my reply worked! I'm very keen on shipping but... Well.. Not so keen on the prices I'm seeing. I clicked on the ICS diploma and I don't have the kind of money they're asking for courses, textbooks etc.

I was wondering if you know either a) ways around that or b) funding? For context I currently work in the Cruise industry and I have an undergrad languages degree from Oxford if that does indeed help (but I never saw any networking events hosted by any brokers in my time there so idk)

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