S&p Shipbroker (offshore)

Singapore, Singapore

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Job Detail

: Sales and Purchase Broker Role:

Acts as an intermediary between ship buyers and sellers.
Oversees ship sale and purchase transactions on behalf of clients.
Assesses the feasibility and risks of pursuing new business opportunities.
Analyzes risk management data to identify potential concerns for management.
Proactively seeks prospective clients and maintains strong relationships with existing clients.
Ensures adherence to service standards.
Provides market expertise, advising clients on market trends.
Has in-depth knowledge of ships and their owners.

Broker Responsibilities:

Serves as a vital intermediary in ship transactions.
Acts as a go-between for shipyard and buyer in new-build transactions.
Facilitates transactions between two ship owners in second-hand vessel sales.
The broker\xe2\x80\x99s role is significant due to the substantial expenditure involved in buying ships.
When representing sellers, seeks buyers from various sources.
Deals with market dynamics, which can be slow or fast depending on ship demand.
Navigates the entire process once a potential deal is identified.
Negotiates the price and prepares the MOA contract.
Manages issues like existing charters, distant ship locations, and inspections.
May assist clients in arranging financing and mortgages.
Ensures a smooth transfer of ownership.

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