Frequently Asked Questions

We are interested in acquiring a wide variety of vessels including, but not limited to, mega-yachts, motor yachts, sailboats, barges, tugboats, commercial vessels, recreational boats, and even cruise ships and tankers destined for shipbreaking. Our team is prepared to handle transactions for boats and ships in any condition, from minor damages to those considered a total loss or deemed for disposal. Whether you’re dealing with a small boat or a large tanker, we have the experience and capacity to facilitate the sale.

We are capable of purchasing vessels of virtually any size, including those up to 300 feet in length and beyond. Our extensive network and expertise enable us to handle large vessels such as commercial ships, tankers, and cruise ships, ensuring a seamless transaction regardless of the vessel’s dimensions. Whether your vessel is a small recreational boat or a large vessel nearing the 300-foot mark or more, we are equipped and ready to make the purchase, accommodating your needs and providing a fair valuation based on the condition and specifications of your vessel.

Yes, we do purchase vessels specifically for shipbreaking purposes. Our company has established an extensive network with shipbreaking yards globally, and we possess the logistical expertise required to transport vessels to their final destinations efficiently. Our coordination efforts ensure that the process is smooth and hassle-free for you. Thanks to our comprehensive network and logistical capabilities, we are equipped to offer competitive prices for your vessels, regardless of their location or condition. If you have a vessel destined for shipbreaking, we are here to facilitate every step of the process. For more detailed information on how we can assist you and to explore the range of services we offer, please click here to navigate through the rest of our website.

Typically, you can expect to receive an offer for your vessel within 24 hours or less from the time you submit your inquiry. Our streamlined process ensures that we can evaluate your vessel swiftly and provide you with a fair and competitive offer in a timely manner. Likewise, once the offer is accepted, payment can be processed just as quickly, allowing for a smooth and efficient transaction.

For individuals interested in learning more about how to submit your vessel for evaluation, please submit your vessel details here. If you’re looking for more information on our payment process and what to expect after accepting an offer, please visit our payment process page for detailed guidance.

Typically, you can expect to receive an offer for your vessel within 24 hours or less from the time you submit your inquiry. Our streamlined process ensures that we can evaluate your vessel swiftly and provide you with a fair and competitive offer in a timely manner. Likewise, once the offer is accepted, payment can be processed just as quickly, allowing for a smooth and efficient transaction.

For individuals interested in learning more about how to submit your vessel for evaluation, please submit your vessel details here. If you’re looking for more information on our payment process and what to expect after accepting an offer, please visit our payment process page for detailed guidance.

We handle all necessary paperwork for each vessel transaction, ensuring a smooth and efficient process from start to finish. However, we do require the cooperation and information from the vessel’s owners, insurers, banks, and any other relevant parties to accurately complete the documentation. Rest assured, our team is here to assist you throughout the entire process, providing guidance and support to make sure everything is in order.

For owners or representatives looking to understand what information is needed from their end, please review our documentation requirements here. If you’re seeking assistance or have questions about the paperwork process, our team is ready to help. Contact us for support and let us simplify the process for you, ensuring a hassle-free experience.

Absolutely, we purchase vessels from anywhere in the world, including the most remote locations. Our global reach and extensive network allow us to handle transactions and logistics in any region, ensuring that no matter where your vessel is located, we can facilitate its sale.

For owners looking to sell a vessel located in a remote or uncommon area, we encourage you to start the process here by providing us with details about your vessel. If you have concerns about the logistics of selling a vessel from your specific location, please reach out to our team for personalized assistance. We’re here to make the sale of your vessel as convenient and seamless as possible, regardless of its location on the globe.

No fees in most cases.

Yes, we offer non-emergency recovery and salvage services in certain situations. Our team, equipped with the necessary expertise and a network of specialists, is capable of handling a wide range of scenarios, including recovery efforts following natural disasters. To understand if your specific situation qualifies for our recovery and salvage services, and to receive a quote and assessment, it’s essential to get in touch with our team directly.

For those interested in our recovery and salvage services or needing an assessment for your vessel, please contact our team here for a quote. If you’re looking for information on how we manage recovery and salvage operations, especially in the aftermath of natural disasters, learn more about our approach and expertise. Our goal is to provide tailored support and solutions for your recovery and salvage needs.

Yes, we do purchase vessels “as is, where is” before any recovery efforts, on a case-by-case basis. This means that we consider buying the vessel in its current condition and location, without the need for you to undertake any recovery or repair work beforehand. To see if your vessel qualifies for such a purchase, we encourage you to submit a request to us. This initial step will allow our team to assess your specific situation and provide you with the appropriate guidance and offer.

For owners interested in exploring this option and wanting to know if their vessel is eligible, please submit your vessel details here. Our team will review your submission and get in touch with you to discuss the next steps.

Yes, we specialize in purchasing high-value vessels, including mega yachts, with residual values up to $20 million or insured values as high as $300 million. Whether your vessel is destined for scrap or is partially damaged, our organization is backed by sufficient capital to make competitive offers for high-value vessels. Our robust financial backing ensures that we can handle transactions involving large sums and provide fair compensation for your valuable assets.

For owners of high-value vessels interested in selling, whether it’s a mega yacht or another type of luxury vessel, we invite you to submit your vessel’s details for evaluation. Our team is prepared to assess your vessel’s value and make a competitive offer, reflecting its worth. Learn more about our process and how we handle high-value transactions, ensuring a smooth and secure sale for your prized vessel.

Yes, we can facilitate the process for vessels to be flagged in any country, with the cooperation of owners, insurers, banks, etc. Our team has the experience and resources necessary to navigate the complex regulations and requirements involved in flagging vessels under different national registries. This collaborative effort ensures that the flagging process is managed efficiently and in compliance with all relevant laws and standards.

For vessel owners or representatives looking to flag their vessel in a specific country and needing guidance through this process, we encourage you to get in touch with our team. We’re here to provide you with the necessary support and expertise. Additionally, for more detailed information on how we can assist with the flagging process and the requirements involved, please visit our flagging services page. Our goal is to make the transition as seamless as possible, ensuring your vessel meets all the criteria for its new flag state.

Yes, we do purchase vessels deemed for disposal. Engaging with us for the sale of your disposal-bound vessel can significantly benefit sellers by eliminating ongoing storage costs and avoiding substantial disposal and logistics expenses. Our purchasing process is designed to be quick and efficient, ensuring that sellers can rapidly transition from incurring costs to completing a sale.

For sellers looking to free themselves from the financial burden of a vessel awaiting disposal, we encourage you to initiate the selling process here. Our streamlined approach ensures a swift transaction, allowing you to quickly cease incurring unnecessary costs. Learn more about how we can help you avoid disposal-related expenses through our expedited purchasing process.

Our referral program is designed to reward individuals who help us connect with vessel owners looking to sell. If you refer a vessel to us and we successfully complete the purchase, you will receive a minimum commission of $1,000. Moreover, by sharing a unique QR code and referral link with colleagues and friends through social media, email, or text, you can earn additional commissions if they also refer someone to us. For those referrals to be eligible for their own commission, they can simply obtain their unique link to share.

Each referral link is digitally tracked to ensure that both you and your company receive payment within 15 days following the successful purchase of the referred vessel. Please note that the vessel referred must have a minimum value of $50,000 to qualify for the full commission. For vessels priced lower than this threshold, we offer a prorated commission amount, ensuring that every successful referral is rewarded.

Yes, we provide residual valuation reports using our proprietary AI analytics software, which leverages historical sales data and current market listings to accurately determine asset values. This innovative approach ensures that you receive comprehensive and reliable valuations for your vessels.

If you’re interested in obtaining a single valuation report or would like to subscribe to our API feed for ongoing access to valuation data, please contact us directly. Our team is ready to assist you with your specific needs, whether it’s for a one-time report or continuous market insights.

For more information on how to request a residual valuation report or subscribe to our API feed, please click here to get in touch with our team.