TriNav Marine Brokerage

What TriNav Marine Brokerage does

TriNav Marine Brokerage Inc. is a privately held commercial fishing asset brokerage founded in 1998 and headquartered at 197 Major's Path in St. John's, Newfoundland and Labrador. The company operates an online listing platform where buyers and sellers transact new and used commercial fishing vessels, fishing licenses, quotas, and complete fishing enterprises. Its underlying technology consists of a searchable inventory system filterable by province, vessel type, length, and price range, paired with traditional broker-mediated transaction closure via phone, email, and in-person engagement. Listed asset prices range from approximately $115,000 CAD for small lobster boats to $17,000,000 CAD for large bundled enterprises, with currencies displayed in CAD alongside USD conversion.

TriNav earns revenue primarily through transaction-based brokerage commissions on vessel, license, quota, and enterprise sales, supplemented by professional services revenue generated through affiliated companies within the TriNav Group. Those affiliates include TriNav Marine Design Inc., TriNav Fisheries Consulting, Navigator Publishing (The Navigator Magazine), Marine Services International, TriNav Properties Inc., TriNav Realty, and Athearn Marine Agency (acquired 2004). The company employs a sales-led go-to-market model in which marine brokers close transactions across Atlantic Canada, Quebec, and the US Eastern Seaboard, with a worldwide customer base for select deals.

The firm self-describes as Eastern Canada's largest marine brokerage and serves three customer segments: active commercial fishing operators seeking to buy, sell, or upgrade vessels and licenses; fishing enterprise investors entering the industry via established operations; and international buyers accessing Atlantic Canadian fisheries assets. No external institutional investment, venture funding, or public listing is disclosed, and the company is entirely privately held.

Name

TriNav Marine Brokerage

Legal name

TriNav Marine Brokerage Inc.

Website

https://trinav.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

TriNav Marine Brokerage is a privately held Newfoundland-based brokerage that facilitates transactions of commercial fishing vessels, licenses, quotas, and complete fishing enterprises across Atlantic Canada, Quebec, and the US Eastern Seaboard.

Ownership category

akta.pro rank

Headquarters

HQ city

St. John's

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Brokerage Commission - Vessels: The company earns commissions from brokering sales of new and used commercial fishing boats. Featured listings range from $115,000 CAD to $17,000,000 CAD depending on vessel size, type, and included licenses.
2. Brokerage Commission - Licenses and Quotas: Revenue generated from facilitating the transfer of commercial fishing licenses and quotas across Atlantic Canadian provinces.
3. Brokerage Commission - Enterprises: Commissions from selling complete fishing enterprises including vessels, licenses, quotas, and associated fishing gear.
4. Related Services Revenue: Through affiliated companies under TriNav Group: TriNav Marine Design Inc. (vessel design/surveying), TriNav Fisheries Consulting (fisheries/seafood brokerage), Navigator Publishing (magazine advertising), TriNav Properties Inc. (property development), Marine Services International (marine consulting), Athearn Marine Agency (vessel brokerage in Massachusetts).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

TriNav Marine Brokerage is a marine brokerage firm that brokers the sale of new and used commercial fishing boats, commercial fishing licenses, fish quotas, and complete fishing enterprises. The company operates an online listing platform searchable by vessel length, type, and province, and provides broker-mediated transactions across Atlantic Canada, Quebec, and the Eastern Seaboard of the United States, with a worldwide customer base.

Product overview

TriNav Marine Brokerage is a marine brokerage platform offering a portfolio of interconnected services for the commercial fishing industry. The core offerings consist of Boat Brokerage Services (sale of new and used commercial fishing vessels including boats, licenses/quotas, and complete enterprises), TriNav Mergers and Acquisitions (business brokerage), and seven affiliated service brands: TriNav Properties Inc. (property development), TriNav Realty (real estate), Navigator Publishing (industry magazine), TriNav Fisheries Consulting (fisheries consulting and seafood brokerage), TriNav Marine Design Inc. (marine design and surveying), Marine Services International (marine consulting), and Athearn Marine Agency (acquired US vessel brokerage). The company primarily serves the Atlantic Canadian commercial fishing sector.

Differentiator

Problem solved

Functional benefit

Brands

• TriNav Properties Inc. Atlantic Canada-based property development and leasing company providing office solutions to large corporate, small business and industrial clients.
• TriNav Realty
• Navigator Publishing
• TriNav Fisheries Consulting
• TriNav Marine Design Inc.
• Marine Services International
• Athearn Marine Agency

Products and services

• Boat Brokerage Services Brokerage of new and used commercial fishing boats including crabbers, draggers, lobster boats, longliners, shrimpers, scallopers, and miscellaneous vessels, categorized by length (under 44', 44'-50', 51'-65', 66'-90', 91'+) for commercial fishers and fleet operators.
• Licenses and Quotas Brokerage Brokerage of commercial fishing licenses and fish quotas across Atlantic Canadian provinces (Newfoundland, Nova Scotia, New Brunswick, Prince Edward Island, Quebec), covering species including crab, lobster, herring, mackerel, scallop, shrimp, and groundfish.
• Fishing Enterprises Brokerage Brokerage of complete fishing enterprise packages including the vessel plus associated licenses and quotas bundled together, spanning multiple Atlantic provinces, for buyers seeking turnkey fishing operations.
• TriNav Mergers and Acquisitions Business brokerage services facilitating the sale of commercial fishing businesses, providing current listings and recent transactions support for buyers and sellers of fishing enterprises.
• TriNav Realty Services Yarmouth Nova Scotia real estate brokerage handling sales of residential, commercial, waterfront, and vacant land properties, offered through the TriNav Marine Brokerage platform.
• Navigator Publishing Magazine Monthly magazine publication serving the fishing and marine industries in Atlantic Canada and the Eastern United States, featuring boat and license listings, industry news, and profiles of industry innovators, with advertising opportunities for the brokerage.
• TriNav Fisheries Consulting and Seafood Brokerage Professional Atlantic Canadian fisheries and business consulting services including fisheries and market development, strategic planning, seafood processing operations and quality management, fisheries management and policy implementation, marine resource and market assessments, and seafood brokerage services.
• TriNav Marine Design and Surveying Marine design services including full design packages, detailed drafting, stability analysis, design modifications, conversion support, and vessel surveying for commercial fishing and marine industry clients.
• Marine Services International Consulting Consulting services offering project management, design, drafting, structural engineering, marine engineering, marine surveying, and 3D production lofting to the marine industry including fishing, Coast Guard, shipping, offshore oil and gas, seismic, tug and barge companies, and shipbuilders.
• Athearn Marine Agency Vessel Brokerage Commercial fishing vessel brokerage firm located at Union Wharf in Fairhaven, Massachusetts, USA, specializing in sale of commercial fishing vessels and transfer of state and federal fisheries permits on the US East Coast.
• TriNav Properties Property Development Atlantic Canada-based property development and leasing company providing office solutions to corporate, small business and industrial clients with a portfolio of premier office properties in Newfoundland and Labrador and Nova Scotia.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• TriNav Group of CompaniescoreOthersTriNav Marine Brokerage is part of the TriNav Group of Companies, an established consulting firm with offices throughout Atlantic Canada providing services to the marine industry for 25 years. The group includes multiple affiliated companies providing complementary services.
• Marine Services International Ltd. (MSI)coreStrategic or Co-development PartnerMSI is a consulting firm based in Newfoundland offering services to the marine industry including project management, design, drafting, structural and marine engineering, and marine surveying. Incorporation date 2000. Customers include fishing industry, Coast Guard, commercial shipping, offshore oil and gas, seismic, tug and barge companies, and shipbuilders.
• TriNav Marine Design Inc.coreStrategic or Co-development PartnerPart of TriNav Group of Companies providing marine design services including full design packages, detailed drafting, stability analysis, design modifications, conversion support, and vessel surveying. Members of Professional Engineers and Geoscientists of Newfoundland and Labrador (PEGNL) and The Nova Scotia Boatbuilders Association. Established 25 years.
• TriNav Fisheries ConsultingcoreStrategic or Co-development PartnerProfessional Atlantic Canadian fisheries and business consulting firm providing services including fisheries and market development, strategic planning, seafood processing operations and quality management, fisheries management and policy implementation, and marine resource and market assessments.
• Navigator PublishingcoreGTM or Marketing PartnerProduces The Navigator Magazine, a monthly publication serving the fishing and marine industries in Atlantic Canada and the Eastern United States. Features boat and license listings, industry news, and profiles of industry innovators. Provides advertising platform for TriNav Marine Brokerage listings.
• Athearn Marine AgencycoreChannel Partner/ Reseller/ DistributorLocated in Fairhaven, Massachusetts. Founded in 1946, acquired by TriNav Group in 2004. Specializes in commercial fishing vessel sales and state/federal fisheries permits transfer on the US East Coast.
• TriNav RealtyminorStrategic or Co-development PartnerYarmouth Nova Scotia real estate brokers and agents handling residential, commercial, waterfront, and vacant land properties sales in Nova Scotia.
• TriNav Properties Inc.minorStrategic or Co-development PartnerAtlantic Canada-based property development and leasing company providing office solutions to corporate, small business and industrial clients. Current portfolio consists of premier office properties in Newfoundland and Labrador and Nova Scotia.

Scale indicators2 records

Recent moves2 records

Expansion highlights4 records

Direct peers

• HMY Yacht Sales: Large US yacht brokerage network with multiple locations along the East Coast. Comparable as a regional boat brokerage generating commission revenue from vessel sales, with similar sales-led go-to-market approach.
• Denison Yachting: International yacht brokerage and charter company with offices across the US and globally. Comparable as a brokerage firm generating commission revenue from vessel sales transactions, though focused on yachts versus commercial fishing.
• Marcon International: Commercial fishing vessel and commercial ship brokerage based in the Pacific Northwest, USA. Directly comparable to TriNav in that it brokers fishing boats, tugs, and related marine assets on a commission basis for industry buyers and sellers.
• United Yacht Brokers: Network yacht brokerage with multiple locations across the US. Comparable as a multi-office boat brokerage operating on commission-based transactions with a regional office model similar to TriNav's Atlantic Canada footprint.

Emerging players

• POP Yachts: US boat brokerage with a digital-first lead generation model. Comparable as a boat brokerage intermediary earning commissions on vessel sales, representing a more tech-enabled brokerage approach that could pressure traditional firms like TriNav.

Broad incumbents

• YachtWorld (Boats Group): Largest online boat marketplace globally, owned by Boats Group. Comparable as a digital listings platform aggregating broker inventory, though YachtWorld focuses on yachts and pleasure craft versus TriNav's commercial fishing specialization.
• Fraser Yachts: International superyacht brokerage and management firm. Comparable as a long-established marine asset brokerage with global reach and integrated services (sales, charter, management) analogous to TriNav's broader service ecosystem.
• Northrop & Johnson: Global yacht brokerage and services firm. Comparable as a marine asset brokerage operating on commission-based transactions with a relationship-driven, multi-office sales model.
• Camper & Nicholsons: International yacht brokerage and yacht management firm founded in 1782. Comparable as an established marine brokerage with diversified services (sales, charter, management) similar to TriNav's integrated service platform model.

Regional players

• Ocean Yacht Sales: Atlantic Canadian marine brokerage linked directly from TriNav's own website under the 'Pleasure Craft' category. Closest regional peer within the same Atlantic Canadian ecosystem, offering adjacent boat brokerage services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/TriNavMarineBrokerage
• LinkedInlinkedin.com/company/trinav-marine-brokerage

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TriNav Marine Brokerage