SALE
& PURCHASE
The
WeberSeas Sale & Purchase department has a broad knowledge
of shipping assets, their location and availability. This team
of professionals maintains contact with over five hundred ship
owners and shipbrokers throughout the world to provide our clients
with accurate and up-to-date information that enables them to
make critical investment decisions. We monitor developments
in this market on a daily basis, including world and industry
events and trends, new ships being offered for sale and new
ship sale transactions. We maintain a database with full technical
and commercial details on thousands of existing vessels. This
information enables WeberSeas to have first hand assessment
of vessel particulars, locations and values to be communicated
directly to potential buyers and sellers. This department is
also engaged in structured transactions such as sale/leaseback
and joint ventures as well as special projects.
DEMOLITION
The
WeberSeas demolition department maintains an hourly knowledge
of price fluctuations and trends in this highly volatile market.
Our extensive experience as to the practices, payment and delivery
procedures and reputation of the various ship breakers and cash
buyers in all the major ship breaking markets worldwide is of
considerable value to our clients in disposing of their obsolete
vessels. Our expertise in this sector enables our clients to
obtain the best possible price and delivery terms while minimizing
their risk. WeberSeas services in this area include arranging
sale of vessels on an "as is where is" basis with
the buyer taking full responsibility for transportation to the
recycling area as well as arranging for ocean towage of vessels
that cannot proceed under their own power.
VALUATIONS
In
addition to acting as a broker for the buying and selling of
vessels, WeberSeas appraises ships for owners and operators,
insurance companies, attorneys, leasing companies and we work
closely with the leading ship finance banks and financial institutions
who closely monitor their shipping portfolios.
Our
database of current and historical sales information and our
intimate knowledge of the value of a wide variety of vessel
types is an invaluable resource to our clients. We have the
ability to customize the evaluation type to match the particular
requirements of our clients. We perform the following types
of valuations: current market value basis charter free delivery,
current market value including charter employment, historic
values (a client may need a value from a specific date in the
past), and residual values.
Most
of our appraisals are standard desktop evaluations but some
clients require the evaluation to include a physical inspection
of the vessel. In these cases, we engage the services of qualified
marine surveyors and incorporate the findings of their inspection
report with our commercial data to arrive at a value.
RESEARCH
WeberSeas
performs bespoke maritime research and industry studies on request
to address our clients' needs. We have performed detailed studies
on both the dry and wet markets as well as comprehensive industry
studies on specific market segments. Our approach is to focus
our study to meet our client's needs and goals. This requires
our distilling voluminous in-house data and external data sources
into studies that address and help our clients in assessing
varied business opportunities.