SHIP SALE & PURCHASE

JATAJ SHIPPING LINES has a profound experience in purchase / selling of ships and also carries out pre-purchase surveys. The company take's pride in involvement of the SNP and delivery of quite a amount of ships in the past, we have worked with many reputed Cash Buyers.
We mainly do scraping of ships in FOB & CIF Basis.

At present the company is focused in Ship Repairs / Ship Deliveries / Chartering and Brokerage in the Mediterranean, Black Sea and Western European Region and now we are targeting the fastest growing markets in ASIA & AFRICA.

JATAJ SHIPPING LINES is in possession of an ISO 9001:2015, ISO 14001:2004, OHSAS 18001. Our Group of company holds, Recruitment And Placement Services Licence & MLC 2006 certified by the Government Of India, complying with the requirements of the International Management Code for the Safe Operation of ships and for Pollution Prevention (ISM Code).

JATAJ SHIPPING LINES has a reputation of being a reliable partner and a trustworthy payer.

STAGE OF SHIP SALE & PURCHASE

A - The Negotiation & Contract Stage

Our company pays the expenses on behalf of the ship owner

To Send Invitation offer ( Price , Ship Particular, Q88, Lay Days of Transaction)

To understand valuations & current scrap values ( Wet / Dry ) Globally.

To Bargain , Negotiate Terms of Contract.

To Cross Check / Understand finance & Insurance of Ship on behalf of seller’s and Buyer’s.

To Understand Legal aspects of sale & purchase.

To enter into formal contract & Documentation ( E.g. Norwgian/BIMCO/ Singapore Sale Form)

B - The Inspection Stage


To Check Ship’s class records, Log Book.

General Appearance, Layout

To ensure the Ship’s free from any sort of.

& Condition of Ship Certificate records.

Court writs – Mortgages records, Maritime

Working Condition of bridge and

Liner record to prevent any loss, damage or

engine room equipments.

Loss of subject to prevent legal issue of ship

C - The Completion Stage

Pre Delivery matters including inspection of underwater parts by classification society, delivery of documents, Physcial delivery of ship upon payment of balance of contract price.
Final Closing Transaction


Contact For Ship Sale & Purchase: snp@jatajshipping.com


“O Lord, Do Save, We Beseech You; O Lord, We Beseech You, Do Send Prosperity!” (Psalms 118:25)