Ship sales
Ship sales refer to the structured process through which vessels are bought, sold, and transferred between owners. This activity spans a wide spectrum of ship types, including bulk carriers, tankers, container ships, passenger ferries, offshore support vessels, and other highly specialized units designed for particular maritime operations.
The process typically begins with a thorough valuation of the vessel, considering factors such as age, condition, maintenance history, technical specifications, and prevailing market conditions. Once a valuation is established, negotiations take place between the buyer and seller, often facilitated by shipbrokers or specialized maritime consultants who help ensure fair terms and transparency.
Following successful negotiations, the transaction requires a series of formal steps, including drafting contracts, arranging surveys and inspections, and preparing documentation such as the Bill of Sale, class certificates, and proof of registry. At every stage, strict compliance with international maritime regulations and conventions—such as SOLAS, MARPOL, and IMO guidelines—is essential to safeguard both the integrity of the transaction and the continued safe operation of the vessel under its new ownership.
Ultimately, ship sales are not only financial transactions but also critical transitions of maritime assets, where careful planning, legal accuracy, and regulatory adherence ensure a smooth and secure transfer of one of the most valuable and complex assets in global trade.