Sales and Purchase of Ship
Pasture Maritime Services LLC , a reputable and experienced shipping professionals team presents an exceptional opportunity for the sale and purchase of high-quality vessels. with a strong commitment to safety, efficiency, and reliability, As a ship Broker We carry out S&P for a diverse range of ships that cater to various maritime needs .
Whether you’re looking to expand your fleet,replace existing vessels ,or entering thr shpping industry,Or expert team ensures a seamless and transparent sale and purchase process.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining. To reduce the number of disputes and smoothen the sale and purchase procedure, normally the ship-owner (seller) and the buyer will appoint brokers as middlemen to handle the transaction. There are three main stages for the sale and purchase of a ship which include: (1) the negotiation and contract stage, (2) the inspections stage, and (3) the completion. From different stages, it includes different important issues and regulations.
The sale and purchase of a ship is one of the most complicated procedures in the shipping industry - far more complicated compared to a new building contract of a ship for example. The S&P contract involves different kinds of professional knowledge as well as strong negotiation skills. Furthermore, due to the legal effect raised by the Maritime liens attached to the second-hand ship, the buyer should check the history and any court writs to reduce any future loss from the purchased ship. Thus, because of the complicated issues of this market, a professional shipbroker takes an important role during the transaction.
