Our Sale & Purchase Desk is located in UAE and concentrated mostly on the second-hand tonnage and demolition deals with the Buyers and Sellers from the Middle East, Far East, Eastern and Western Europe as long as with A1 cash scrap Buyers from India, Bangladesh, China, Turkey.
Our close relations with the Clients from Middle East and cooperation with the well-established Broker Houses worldwide enabling to fix the best deal for the Customers. Being represented in the ship management and ship agency sectors enabling us to give fast and up to dated feedback to the Clients regarding the market condition, suitable vessels availability and professional advice from the technical point of view.
On top of the market analysis and finding a serious Buyers for Owners or a suitable vessels corresponding to the intended trade for the Buyers, our S&P team is also providing Customers with its expertise and knowledge in the legal, financial and technical aspects of the sale and purchase business including:
-pre-purchase inspection of the ship and her Class records by the highly qualified Superintendents, former Chief Engineers and Masters from the similar types of vessels
-going through the complicated process of negotiations
-finalizing the recap on negotiations, preparation and signing of MOA
-facilitating the payment of the security deposit
-preparation of all the documentations required for delivery and taking over the ship
-arranging the Closing meeting
-facilitating the payment of the balance of the purchase price
-facilitating physical delivery of the vessel
-arranging Escrow services for payments, if required
-registration of the vessel under the new flag, if required
-post sale & purchase follow up
-legal consultancy and A-Z setup services to be used for the ship’s registration purposes
-taking over of the ship by the reputable ship management company, if required
-dry-docking of the ship, if required by the S&P agreement, under the supervision of qualified Superintendents
As described in the above list of services, which is by no means exhaustive, the main advantage of our company is that Customers may also get all associated to the sale & purchase process services under one umbrella, which on top of facilitating and expediting the process too, might well help to take a right decision in due time.