Sale & Purchase

OVERVIEW

What you need to know

Sale and purchase:

Ocean Fortune marine provides Diversified Services for the Maritime Industry

Within this dedicated division, we seamlessly navigate the realms of Broking and Project Development, extending comprehensive support to our clients who seek to either acquire or sell vessels for subsequent trading or for environmentally-conscious demolition at renowned Indian Scrap Yards. Our multifaceted role encompasses a range of services that cater to both Indian and foreign ship owners, facilitating the sale and purchase of new builds, pre-owned vessels, and the existing tonnage of our clients.

Navigating Vessel Transactions

With a well-established rapport within the industry, particularly with Indian Ship Breakers, we are primed to execute transactions involving foreign flag vessels intended for environmentally-responsible demolition. This facet of our services highlights our commitment to industry sustainability and ethical practices.

Empowering Aspiring Ship Owners

Our suite of services extends to entrepreneurs who aspire to venture into ship owning, offering comprehensive guidance and strategic support. We deliver a holistic range of services tailored to their needs, including the dissemination of commercial and technical insights that underpin successful ship ownership. Furthermore, our expertise encompasses the preparation of vessel acquisition project reports, along with establishing vital liaisons with shipyards for new construction ventures.

Streamlining Administrative Processes

In addition, we meticulously handle the administrative intricacies of project licenses and other requisite paperwork. Our services extend to the realm of project financing, where we facilitate financial arrangements that drive successful vessel acquisitions. Moreover, we undertake the critical task of earmarking suitable tonnage for our clients, culminating in the finalization of purchase contract documentation that adheres to the highest industry standards.

Seamless Transition and Growth

Guided by our comprehensive approach, we ensure that the acquisition process extends beyond the initial purchase. Our services encompass the strategic arrangement of future employment and long-term contracts for the newly acquired vessels, ensuring a seamless transition into the world of maritime operations.

In essence, our division serves as a dynamic hub that seamlessly integrates Broking and Project Development to offer tailored solutions to diverse stakeholders within the maritime realm. Whether it's navigating the intricacies of vessel transactions or empowering aspiring ship owners with comprehensive support, our commitment to excellence and ethical practices remains unwavering.

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With our non-stop operations in all ports locations across the globe, you can be assured that we have the local knowledge and industry expertise to find the best solution to cater for your needs.

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Our SHIP SALE & PURCHASE Broking Desk covers:

  • anchor S&P projects for New Building assets and 2nd hand ships of all types & sizes.
  • anchor With special focus on Ship Demolition/Scrap Sales, we provide a win-win customized solution to Ship Owners (Sellers) and Cash buyers.
  • anchor We also act as a Facilitators, we source, arrange & create sustainable working ship finance solutions for Buyers of shipping assets
  • anchor Market Analysis and Opportunity Identification
  • anchor Commercial Negotiations & Contract Formulation
  • anchor Inspection Arrangements

We have invested ample time in fulfilling the requirements of our clients over the years which helped us in learning and gathering a high degree of knowledge over most shipping asset classes of cargo carrying vessels. This knowledge empowers us to do the selection of the right candidate, the negotiation for its sale and ensuring the transfer of title is effected as smoothly as possible. Our extensive network of complimentary shipping service providers like managers, insurance agents, inspection companies, ensures our clients to make the whole process very efficient

A close collaboration with our in-house research department provides valuable insight on the underlying market forces and in anticipating changes in values. This is offered to clients as part of the uncompromising service of our Sale and Purchase division.

Our team is suitably equipped to handle any kind of sale and purchase transaction, whether it be for a newbuilding, a second-hand vessel or a vessel which is to be sold for demolition.

OCEAN FORTUNE’s Recycling and Demolition Team continuously monitor the fluctuations and sentiments of this highly volatile market and keep valuable clients abreast with latest price levels and beaching position. We arrange sale “Delivered” and ‘As Is/Where IS” basis always assuring the client to get best possible price and delivery terms while minimizing risk.

We always seek to provide our clientele peace of mind and create relationship of trust, by rendering most reliable and professional services.