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Ship Sale and Purchase with Technical Execution

Buying or selling a vessel is a commercial transaction, but the risk is often technical and operational. A vessel may look attractive on price but carry hidden repair cost, class exposure, overdue certificates, machinery risk, delivery difficulty, crew issue, flag problem or drydock requirement.

SVC Marine handles ship sale and purchase work together with practical technical review and post-purchase execution. We work through the transaction from vessel search to inspection, negotiation, MOA follow-up, delivery and technical preparation after takeover.

This model is useful for buyers who need more than a vessel list, and for sellers who need serious buyer screening, realistic negotiation and clean transaction progress.

Our Ship Sale and Purchase Scope

1. Vessel Sourcing

SVC Marine searches for suitable vessels based on buyer requirement, trading plan, cargo profile, budget, vessel type, size, age, flag, class, machinery, crane requirement, draft limitation, inspection location and delivery preference.

We can review candidate vessels such as:

• General cargo vessels
• Bulk carriers
• Container feeder vessels
• MPP vessels
• Geared cargo vessels
• Tankers, subject to project profile
• Harbour craft and workboats
• Specialized marine units
• Scrap or recycling-related tonnage where relevant

2. Buyer Requirement Screening

Many vessel searches fail because the buyer’s real requirement is not clear at the beginning. SVC Marine reviews what the buyer actually needs before wasting time on unsuitable tonnage, unrealistic price ideas or technically wrong vessels.

We check practical requirements such as:

• Trading route and cargo plan
• Required DWT, draft, LOA and beam
• Class, flag and age preference
• Cargo gear and crane requirement
• Container, reefer or project cargo requirement
• Fuel consumption and machinery profile
• Drydock and survey due dates
• Budget and payment structure
• Delivery location and readiness timeline

3. Seller Contact and Commercial Negotiation

SVC Marine contacts owners, sellers, brokers or managers, collects vessel particulars, checks basic commercial position, discusses price ideas and follows negotiation under the buyer’s instruction.

Our commercial work may include:

• Seller discussion and vessel availability check
• Price indication and offer follow-up
• Inspection window discussion
• Delivery location and delivery timing review
• Buyer and seller communication
• Commercial term review before MOA stage
• Deposit, closing and handover timeline follow-up

4. Technical Inspection and Vessel Condition Review

A serious buyer must understand vessel condition before purchase. SVC Marine can attend onboard inspection, review vessel documents, check visible condition, collect photo records, discuss with crew and report practical technical risks to the buyer.

Inspection work may include:

• General vessel condition review
• Hull, deck and accommodation observation
• Main engine and auxiliary machinery review
• Cargo hold, hatch cover and deck equipment observation
• Navigation, safety and statutory item review
• Class status and survey due item review
• Repair risk and drydock exposure comments
• Photo records and buyer-side reporting

Related service: Pre-Purchase Vessel Inspection in Vietnam.

5. Price, Condition and Repair Risk Review

Vessel price must be reviewed together with condition, class status, drydock due date, machinery condition, repair exposure, delivery cost and trading readiness.

SVC Marine helps buyers understand whether a vessel is only cheap on paper or actually workable after repair, class renewal and delivery cost are considered.

Typical review points include:

• Market price comparison
• Drydock and Special Survey position
• Class recommendation and overdue item review
• Machinery condition and spare parts risk
• Hull and steel repair exposure
• Delivery voyage and crewing requirement
• Post-purchase repair budget
• Trading readiness after takeover

6. MOA, Closing and Delivery Follow-Up

After commercial terms are agreed, a vessel transaction still requires disciplined follow-up. Many deals fail at this stage because documents, inspection findings, class status, payment timing, crew handover, port matters or delivery details are not controlled properly.

SVC Marine follows the practical closing and delivery process, including:

• MOA discussion follow-up with buyer and seller
• Inspection and condition item follow-up
• Delivery document checklist follow-up
• Deposit and closing timeline follow-up
• Delivery location and port matter follow-up
• Crew change and handover planning
• Bunker, stores and spare parts handover follow-up
• Buyer-side delivery attendance where required

Related service: Vessel Delivery & Handover Services.

Beyond Vessel Introduction

SVC Marine’s value is strongest when the transaction requires more than a name, phone number or vessel list. Many second-hand vessel transactions require technical inspection, repair planning, class review, drydock strategy, delivery attendance, crew change and owner-side reporting after takeover.

SVC Marine combines ship sale and purchase work with technical execution in Vietnam. We can move from vessel sourcing to inspection, negotiation, closing, delivery, drydock, repair and management preparation.

This is especially important for older vessels, distressed transactions, post-purchase drydock cases, class renewal cases, vessels requiring repair before trading, and buyers entering a new trading area.

Buyer-Side Ship Sale and Purchase Services

For buyers, SVC Marine can handle the vessel search and transaction process from the buyer’s side.

Buyer-side work may include:

• Clarifying vessel requirement and target profile
• Searching for suitable tonnage
• Screening vessel candidates
• Contacting sellers or brokers
• Reviewing vessel particulars and class status
• Arranging and attending onboard inspection where applicable
• Reviewing repair and drydock exposure
• Negotiating price and commercial terms
• Following MOA, closing and delivery process
• Handling post-purchase drydock and repair planning

Seller-Side Ship Sale and Purchase Services

For sellers, SVC Marine can handle practical sale work to reach serious buyers and reduce time wasted on unqualified or unrealistic enquiries.

Seller-side work may include:

• Preparing vessel sale information
• Reviewing vessel particulars and key selling points
• Marketing the vessel to suitable buyers
• Screening buyer seriousness and funding capacity
• Following buyer questions and inspection requests
• Negotiating price and delivery basis
• Following MOA and closing process
• Following delivery handover items

Drydock and Repair Planning Before or After Delivery

Many second-hand vessels require drydock, class renewal, repair, spare parts, crew change or technical preparation before they can trade safely and commercially.

SVC Marine can connect the S&P transaction with practical drydock and repair execution in Vietnam. This is one of our strongest advantages in vessel transactions.

Our post-purchase technical work may include:

• Drydock planning after purchase
• Owner-side drydock attendance
• Steel repair and hot work follow-up
• Machinery repair follow-up
• Class and statutory survey item follow-up
• LSA, FFE and radio service attendance
• Marine spare parts and stores delivery
• Daily reporting to owner or manager

Related services:

• Drydock Supervision in Vietnam
• Ship Repair Services in Vietnam
• Ship Repair at Vietnamese Ports
• Steel Repair & Hot Work Services in Vietnam
• Marine Technical Superintendent Services

Ship Management and Post-Purchase Operation

Some buyers need more than delivery. They need the vessel to be prepared for operation, manning, maintenance, spare parts, class follow-up and trading readiness.

SVC Marine can handle selected post-purchase ship management and technical follow-up work through our Vietnam and UAE structure, subject to agreed scope, flag, class, DOC, ISM and management arrangement.

Related service: Ship Management Services.

Real S&P Cases by SVC Marine

SVC Marine has handled multiple commercial vessel transactions involving Vietnamese and international owners, buyers, brokers, managers and technical parties.

M/V ZBM ex BOAT BLESSING

SVC Marine handled the vessel sale, post-purchase drydock, ship repair follow-up, DNV class renewal, Special Survey renewal and vessel name change of M/V ZBM, formerly M/V BOAT BLESSING.

This was one of SVC Marine’s most demanding vessel lifecycle projects, involving yard pressure, DNV class requirements, repair execution, manpower control, crew matters and owner-side reporting.

Case study: M/V ZBM – Sale, Drydock and DNV Class Renewal.

Cong Minh 18

SVC Marine handled the sale of Cong Minh 18 to an Iraqi buyer for USD 650,000. To complete the transaction, SVC Marine extended USD 100,000 in vendor financing. A remaining USD 38,000 balance has remained unpaid after nearly three years and is still under follow-up.

This case shows that SVC Marine has carried real commercial risk in vessel sale and purchase, not only transaction introduction.

Case study: Cong Minh 18 Sale with Vendor Financing.

FORTUNE I ex BIEN DONG FORTUNE

SVC Marine handled sale and purchase work for FORTUNE I, formerly BIEN DONG FORTUNE, including commercial follow-up, delivery preparation and technical matters linked with post-transaction operation.

M/V FREIGHTER

SVC Marine handled sale and purchase work for M/V FREIGHTER, including buyer-side discussion, technical communication, delivery-related planning and operational matters linked with vessel readiness.

M/V DAI AN

SVC Marine handled commercial vessel transaction work for M/V DAI AN, including buyer communication, seller-side follow-up and closing-related work.

Why Buyers and Sellers Work with SVC Marine

Shipbroking with Technical Judgment

SVC Marine understands that vessel value depends on more than price. Class status, drydock due date, machinery condition, hull repair exposure, crew readiness, delivery cost and trading plan must be reviewed together.

Vietnam Market Access

SVC Marine has practical access to Vietnamese shipowners, shipyards, port areas, repair teams, marine suppliers, cargo interests and local operational networks.

Inspection, Delivery and Repair Execution

SVC Marine can move from vessel search to inspection, negotiation, delivery, drydock and post-purchase repair execution. This reduces the gap between commercial promise and real vessel readiness.

Owner-Side Reporting

During inspection, drydock, repair or delivery, SVC Marine provides factual owner-side reporting with photos, technical comments, pending item lists and practical risk notes.

Information Required for Vessel Buying Enquiry

To start a vessel search, please provide the following details where available:

• Target vessel type
• Required DWT, LOA, beam and draft
• Age range and class preference
• Flag preference if any
• Machinery or maker preference
• Cargo type and trading route
• Crane, hatch, tank or container requirement
• Budget range
• Preferred delivery area
• Required delivery timing
• Drydock or survey limitation
• Financing or payment structure limitation if any

Information Required for Vessel Selling Enquiry

For owners who want to sell a vessel, please prepare:

• Vessel name and IMO number
• Vessel type, DWT, GT, LOA, beam and draft
• Flag, class and year built
• Main engine and generator details
• Current trading area and delivery position
• Class status, SS/DD due dates and certificates
• Recent inspection or drydock records
• Photos, GA plan and capacity plan
• Asking price or price idea
• Preferred delivery terms

Important Scope Notice

SVC Marine provides ship sale and purchase services, vessel sourcing, commercial negotiation follow-up, technical inspection attendance, delivery attendance, drydock planning, repair execution and owner-side reporting.

SVC Marine does not replace the buyer’s or seller’s maritime lawyer, bank, insurer, flag adviser, class society, tax adviser or compliance adviser. Final MOA wording, legal title transfer, banking approval, sanctions screening, escrow structure, mortgage release, flag registration and insurance acceptance must be handled by the relevant professional advisers and authorities.

Related SVC Marine Services

• Vessel Sourcing Service
• Pre-Purchase Vessel Inspection in Vietnam
• Vessel Delivery & Handover Services
• Owner’s Representative Services in Vietnam
• Drydock Supervision in Vietnam
• Ship Repair Services in Vietnam
• Ship Repair at Vietnamese Ports
• Marine Technical Superintendent Services
• Ship Management Services
• Marine Spare Parts Supply in Vietnam

Request Ship Sale and Purchase Services

For vessel sourcing, ship sale and purchase, buyer-side search, seller-side disposal, technical inspection, price negotiation, MOA follow-up, delivery attendance or post-purchase drydock planning, please contact:

SVC Marine S&P Desk
S&P: shipbroker@svcmarine.com
Operations: operation@svcmarine.com
General: info@svcmarine.com
Website: https://svcmarine.com/

Please include your target vessel type, size, age, budget, class requirement, delivery area, trading plan and inspection timing.

Frequently Asked Questions

Does SVC Marine only list vessels for sale?

No. SVC Marine handles vessel sourcing, buyer screening, seller discussion, technical inspection, price negotiation, MOA follow-up, delivery attendance, drydock planning and post-purchase repair execution.

Can SVC Marine find suitable vessels for buyers?

Yes. SVC Marine can search for suitable vessels based on vessel type, size, age, class, flag, machinery, cargo profile, trading route, budget and delivery preference.

Can SVC Marine inspect vessels before purchase?

Yes. SVC Marine can attend pre-purchase inspection, review vessel condition, collect photo records, check documents, identify repair risk and report technical findings to the buyer.

Can SVC Marine follow MOA and delivery?

Yes. SVC Marine can follow MOA discussion, closing preparation, delivery document checklist, crew change, port matters, handover items, delivery attendance and post-delivery technical work.

Can SVC Marine handle drydock after purchase?

Yes. SVC Marine can handle post-purchase drydock planning, owner-side yard attendance, repair follow-up, class survey item follow-up, steel repair, machinery repair and daily reporting in Vietnam.

Does SVC Marine provide legal advice for ship sale and purchase?

No. SVC Marine provides commercial, technical and operational ship sale and purchase services. Legal advice, MOA legal review, title transfer, escrow, mortgage release, sanctions screening and banking matters should be handled by qualified maritime lawyers, banks and relevant professional advisers.

SVC Marine Services Ltd

SVC Marine Services is a maritime services company serving shipowners, ship managers, operators, vessel buyers, charterers, cargo owners and trading companies across the vessel and cargo lifecycle.

Our services include ship sale & purchase, drydock supervision, afloat ship repair, owner’s representative services, ship management, shipping & freight forwarding, marine supply and spare parts delivery.

Based in Vietnam with an international structure in the United Arab Emirates, SVC Marine provides practical technical, commercial and operational services for vessel transactions, cargo movement, repair projects, port attendance and fleet operations.