We are pleased to announce that SVC Marine has successfully completed the sale of the general cargo vessel VSG DREAM (IMO 9217802, now renamed MARLA ORCA) for USD 2.4 million to a Middle East client, with delivery on 20 June 2023 in Vietnam.

Behind the Deal

This transaction was far from simple. During the negotiations, the buyer’s legal team initially struggled to understand the auction system in Vietnam, which is quite different from practices in other jurisdictions. This created delays and misunderstandings.

Through persistent dialogue and careful explanation from our team, we clarified the local auction framework, reassured the buyer’s representatives, and demonstrated how the process complies with international standards. After overcoming these hurdles, both sides successfully signed the Memorandum of Agreement (MOA), paving the way for smooth delivery.

Vessel Particulars:

IMO Number: 9217802
Current Name: MARLA ORCA (ex VSG DREAM)
Type: General Cargo Ship
Built: Japan, 2000
DWT: 7,748 | GT: 4,724
Flag: Guinea-Bissau | Class: NKK

About SVC Marine

Founded in 2008, SVC Marine Services Co., Ltd. has been active in Vietnam’s maritime industry for over 15 years. Since entering the ship sale and purchase market in 2020, we have successfully handled more than 100 vessel transactions, covering bulk carriers, tankers, general cargo vessels, and Ro-Ro ships for clients across Asia, the Middle East, and Europe.

This deal with VSG DREAM further demonstrates our ability to overcome challenges and deliver results, reinforcing SVC Marine’s reputation as one of Vietnam’s most trusted shipbrokers.

👉 Looking to buy or sell a vessel? Contact SVC Marine today for professional brokerage solutions.