Clarity and Confidence in Every Vessel Transaction
End-to-end support - from market assessment and transaction facilitation to contract execution and closing coordination.
Polaris supports clients throughout the vessel sale and purchase process, including preliminary information gathering, target-vessel screening, buyer and seller engagement, inspection arrangements, indicative valuation, commercial negotiation and closing follow-up. Our approach is practical: to make vessel sourcing, inspection, pricing, contracting and delivery more transparent, efficient and controllable.
Scope of Services
Service Module |
|
Newbuilding Project Support | Connect clients with suitable shipyards and specialist resources, and compare proposals covering vessel type, specifications, delivery schedule, pricing and payment terms. |
Secondhand Vessel Sale & Purchase | Screen target vessels or prospective buyers against the client brief, and coordinate vessel particulars, expressions of interest, price indications and follow-up discussions. |
Indicative Vessel Valuation | Provide decision support based on vessel type, age, technical condition, recent transactions, prevailing charter rates and changes in market supply and demand. |
Inspection and Due Diligence Coordination | Coordinate physical inspections, class-record reviews, certificate collation, technical-document collection and engagement with independent surveyors. |
Negotiation and Documentation Support | Support the progression of letters of intent, memoranda of agreement (MOAs), key commercial terms, delivery timing, payment milestones and closing documentation. |
End-of-Life Vessel Disposal and Recycling | For vessels approaching the end of their commercial life, help identify responsible disposal routes and appropriate recycling resources. |
Six Key Steps from Initial Brief to Delivery
1. Requirement Definition: Confirm vessel type, deadweight tonnage (DWT), age, budget, delivery location, transaction timeline and any special technical requirements.
2. Market Screening: Identify vessels available for sale, prospective buyers or suitable newbuilding options based on current market availability.
3. Information Exchange: Compile vessel particulars, certificates, class records, equipment lists, maintenance history and commercial terms.
4. Inspection and Assessment: Coordinate physical inspections, independent surveys, indicative valuation and reporting of identified risk areas.
5. Commercial Negotiation: Facilitate discussions on price, payment, delivery, additional conditions and documentary requirements.
6. Closing and Delivery: Follow through on contract performance, vessel delivery arrangements, document handover and post-closing matters.
Who We Serve
· Shipowners and investors planning to acquire or dispose of merchant vessels, workboats, offshore support vessels or specialist tonnage.
· Project clients seeking newbuilding capacity, shipyard engagement or delivery-slot intelligence.
· Financial institutions, trading houses and related businesses requiring valuation context, market intelligence or transaction coordination.
Looking to source a vessel or identify a qualified buyer? Send us the vessel type, budget, delivery window and key technical requirements. Polaris will assess the available options and help define the next steps.
