AH team of experts will guide you and help you throughout the process, so you have zero risk of working with us until finish your procurement
Check its legal status including any liens or mortgages. Ensure that if corporate structure you get a board resolution on authorization of the sale, ensure you have paid the flag related dues so you can get a delete in the case of demolition or get change ownership if for further trading and she is keeping the same flag.
Choose carefully based on physical location which sale channels you intend to use: broker, brokers, or internet or direct sale
This is important to have clarity on the price, currency, dates of payments & delivery place and condition, any removals of hired items for example, only once these terms are fixed then only, proceed to the next stage to avoid cumbersome delays & misunderstandings between the parties.
Use established templates like BIMCO Demolishcon or Norwegian Ship Brokers Association form called SalesForm 2012.
Once the MOA is executed, Buyers will need to make a deposit as per the terms of the agreement and Sellers will need to get documents ready for the closing. It is customary to have draft documents ready some days before the closing date and exchange these documents electronically to ensure that all agreed is reflected. The final stage is the PODA (protocol of physical delivery and acceptance) which is the physical handing over of the vessel.
We buy and sell all types of vessels including tugs, cargo vessels, tankers, reefers, barges and specialized units like dredgers and investigation vessels.