Cash Buying of Ships for Recycling
Usually, a ship has a fixed lifespan of a few decades during which it withstands so much wear and tear that repair and retro-fitting becomes nonviable. Thus, a vessel enters its final destruction phase when…
- It’s lived its use and is not seaworthy anymore
- Repairs on the old vessel are not economically viable anymore
- The material that can be recovered from the old ship has more value than the intact vessel
If ship-building aims at value addition, what Ace Exim does is value-addition through re-use. That’s why we say, we are not into simple ‘recycling’ – we are into constructive re-use.
We are buyers for most types
of vessels mainly:
- Container vessels
- Cargo Vessels
- Ro Ro
- Cars Carriers
- Bulkers
- Chemical Tankers
- Tankers
- LPG/LNG Carriers
- MPPs
- Passenger vessels
- Gen
We do the following Cash
Buying Deals:
- Trading Vessels
- AS IS vessels for demolition – Own Power – Laid up vessels with re-activation required – Under Tow
- Delivered vessels for demolition
We work in all the major ship recycling markets in the Indian Sub-continent. Having walked in the shoes of a Ship Breaker and Cash Buyer for many years, we understand every nuance of ship trade in demolition markets. As ship owners for our AS IS and trading vessels, we understand the needs of a ship owner perfectly and empathize with their profitability concerns.
We have purchased vessels from most of the big shipping companies and are deft at handling multiple ship deals. We are very prompt in closing the deals, making remittances, ensuring smooth and quick delivery of vessels with minimum expense and liability on all stakeholders. We prefer to strike a win-win situation for both ship-owner and ship-breaker.
We also understand the value of a ship broker who puts his reputation on line for us when he bids on our behalf. Once a deal is done with ACE the sellers can relax as we offer market prices with unmatched performance and a 100% perfect record of smooth closure of over 300 (and counting) deals we have done.