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Showing posts from June, 2024

Navigating the Waters: The Complete Lifecycle of a Vessel from Sale to Scrap

Vessels, whether tankers, cargo ships, or offshore support units, have a lifecycle that begins with their construction and ends with their demolition. In between, these maritime giants serve various purposes, from transporting goods across oceans to providing support for offshore operations. This blog explores the intricate process of Sale and Purchase (S&P) and demolition services, detailing how our team at Seaspeed Marine supports clients throughout this lifecycle journey, with a focus on the environmental and economic aspects. The Sale and Purchase (S&P) Process ●         Understanding Vessel Sale and Purchase The Sale and Purchase (S&P) process of vessels is a complex and detailed procedure involving several stages. This process ensures that vessels are transferred from one owner to another smoothly and legally. At Seaspeed Marine, our experts handle every aspect of the S&P process, ensuring that clients receive comprehensive support. ●         Initial Asses