Areas of Practice
Sale and Purchase
Our primary activity revolves around the sale and purchase of second hand vessels and floating objects. We endeavour to supply at all times a professional service reflecting over 40 years of active service in this field. We pride ourselves in maintaining a client base with whom we have repeatedly transacted over many years.
Vehicle carrier sold for conversion to livestock carrier.
DEMOLITION
The weak market conditions over recent years have resulted in the sale for recycling of many vessels of all categories. We monitor demolition prices in India, Pakistan, Bangladesh, China and Turkey as well as in other areas such as in South America and the Caribbean.
mv Trio Vega sold for demolition in Turkey en bloc with other units.
We are in contact with direct cash demolition buyers who can consider acquiring tonnage on an “as is where is” basis dependent on the circumstances specific to the sale or on a delivered basis at the specified scrap yard or range.
DISTRESSED Sales
Over the years we have acted on numerous transactions for and on behalf of Banks and Financial Institutions i.e. Banco de Credito Industrial (BCI) Spain; Abn Amro Holland, amongst others. We have guided Sellers on market values/terms of sale and handled all aspects of the transaction.
Modern inland container vessel with low draft sold and re-positioned to South America from Holland in close conjunction with Abn Amro Bank, the Netherlands.
New buildings
Bunkering tanker sold to UK Buyers from Indian shipyard.
This is an area which we have devoted much time and effort to procure a direct and good relationship with shipyards throughout the world. We have established contacts with major and experienced builders and can quote competitive prices. We have enacted new building transactions in recent years in India, China and South East Asia..
Offshore and Projects
An important and ever increasing factor in our activities is the offshore and projects sector. We hold selective listings of supply vessels, tugs, barges, floating objects from direct and/or exclusive sources. Please feel to register with us your tonnage or your purchase enquiries.
Several tugs and barges sold from South East Asian Shipyard to South America.
Ahts sold in 2012 from Italian owners to South America.
Appraisals
An important aspect of Shipbrokerage is keeping and maintaining a market awareness of trends and prices in all sectors of this very diversified industry. Market sensitive evaluations are given by our company to owners, buyers, financial institutions, investment companies, etc. Please contact us for our fees and conditions.
How much?.
Chartering
Our worldwide connections and contacts have enabled us to assist clients in chartering tonnage . This is not an area in which we engage on a competitive basis, simply an activity which has resulted and developed through our excellent rapport with numerous owners and friends
Bunkering tanker fixed on Bareboat Charter for 6 years.