Ship Sale & Purchase Broker (S&P Broker)
As a Sale & Purchase broker – commonly referred to as an S&P broker – we facilitate transactions between buyers and sellers of vessels. This may involve newbuild projects at shipyards or the sale of second-hand vessels, and every deal demands a high level of expertise and precision.
Successfully completing a ship transaction requires insight into technical specifications, economics, financing, and regulatory frameworks. With extensive experience, we guide our clients through the entire process – from initial interest to final handover.
A key part of our role is to help buyers evaluate the operational and financial implications of acquiring a vessel. We provide technical input, market intelligence, and commercial calculations to support well-informed decisions.
When selling an existing vessel, we typically use the the contract template known as SALEFORM. While this framework is well established, each agreement – referred to as a Memorandum of Agreement (MoA) – is tailored to suit the specific vessel and the conditions of the deal. We lead the negotiation and drafting process, ensuring that both buyer and seller are well protected.
Our work doesn't stop once the contract is signed. In fact, the closing phase is often the most complex. The handover of ownership requires careful coordination of registration, deregistration, payments, and – in many cases – the establishment of a mortgage in favor of the buyer's lender. These steps must often be executed simultaneously across different jurisdictions and time zones. We ensure that the process is fully prepared, legally secure, and practically executable.
Whether you are buying or selling, we represent your interests with integrity, professionalism, and discretion. Our commission is based on the final purchase price, in line with established industry practice.
Our S&P brokerage services include:
- Brokerage of newbuilds and second-hand vessels
- Technical and commercial advisory
- Contract negotiation and documentation (MoA, SALEFORM)
- Coordination of delivery, ownership transfer and flag changes
- Support with international transactions and financing
- Discreet and secure handling of complex closings