Legal
Terms of Service
Last updated: January 2025
1. Acceptance of Terms
By accessing or using Global Ship Broker ("the Platform", "we", "our"), you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any part of these terms, you may not use the Platform.
2. Platform Description
Global Ship Broker is a maritime marketplace platform that facilitates vessel sales, charter arrangements, and cargo matching between ship owners, cargo owners, and brokers and maritime companies. The Platform provides tools for listing vessels, posting cargo requests, AIS vessel tracking, structured offers, messaging, and transaction records for accepted offers. AIS coverage and payment features depend on configured third-party providers and may be limited in some environments.
3. User Eligibility and Registration
To use the Platform, you must:
- Be at least 18 years of age
- Have the legal capacity to enter into binding contracts
- Provide accurate and complete registration information
- Complete any requested KYC (Know Your Customer) review before higher-risk workflows
- Not be prohibited from using the Platform under applicable law
4. KYC Verification
Certain higher-risk activities on the Platform may require KYC review. You agree to provide truthful documentation and understand that fraudulent KYC submissions may result in account suspension, listing removal, or referral where legally required.
5. Listing Accuracy
Users who post vessel sale listings, available vessel postings, or cargo requests represent that all information provided is accurate and not misleading. Global Ship Broker reserves the right to remove any listing that it reasonably believes to be inaccurate, fraudulent, or in violation of these terms.
6. Commission and Fees
Global Ship Broker operates on a commission-only basis. No subscription fees are charged. Commission rates are:
- Vessel sales: 0.5% of the agreed transaction value
- Cargo-vessel matching and freight deals: 1% of the freight/charter value
Commission terms shown in the Platform are operational estimates unless a separate written commission agreement is signed by the parties. All applicable taxes are the responsibility of the respective parties.
7. Payments and Transaction Records
Accepted offers may be converted into transaction records. Where payment functionality is configured, the Platform uses third-party processors including Stripe to prepare and process payments. Global Ship Broker does not act as a regulated escrow agent, broker-dealer, bank, or financial intermediary. By initiating a payment, you agree to the terms of the applicable payment processor. Commercial disputes remain the responsibility of the parties, with platform support available for account, record, and moderation issues.
8. Prohibited Activities
You may not use the Platform to:
- Post false, misleading, or fraudulent listings
- Circumvent fees by conducting transactions off-platform after making contact through the Platform
- Harass, threaten, or abuse other users
- Violate any applicable sanctions, export controls, or anti-money laundering regulations
- Scrape, reverse engineer, or otherwise extract data from the Platform without written consent
- Attempt to gain unauthorized access to any portion of the Platform
9. Intellectual Property
All content, trademarks, logos, and software on the Platform are the property of Global Ship Broker or its licensors. You are granted a limited, non-exclusive, non-transferable license to access and use the Platform for its intended purpose.
10. Limitation of Liability
Global Ship Broker is a marketplace platform and is not a party to any vessel sale, charter, or cargo transaction between users. We do not warrant the accuracy of listings, the creditworthiness of parties, or the seaworthiness of any vessel. To the maximum extent permitted by law, Global Ship Broker's liability is limited to the amount of commission fees received in the relevant transaction.
11. Termination
We reserve the right to suspend or terminate any account that violates these terms or that we reasonably believe poses a risk to the Platform or its users. You may close your account at any time by contacting support.
12. Governing Law
These Terms of Service should be reviewed with counsel before production launch. Any binding governing-law, venue, arbitration, or dispute-resolution clause must be set in the final commercial agreement for the operating company and jurisdiction.
13. Changes to Terms
We may update these Terms from time to time. We will notify you of material changes by email or by a prominent notice on the Platform. Continued use of the Platform after such changes constitutes acceptance of the revised terms.
14. Contact
For questions about these Terms, contact us at info@globalshipbroker.com.