The brokers at Fearnsale are actively involved in the sale and purchase of second-hand vessels and in the contracting of newbuildings at shipyards world-wide.
A very important aspect in our services is the ability to undertake in-depth market analyses and to follow up by identifying interesting market opportunities for our clients, both in the second-hand, and the newbuilding markets. This is achieved by combining the resources and knowledge within Fearnsale and other departments within Fearnleys; particularly Fearnley Consultants and Fearnresearch.
With an extensive knowledge about all segments of seagoing vessels, Fearnsale is able to place competitive newbuilding contracts for tankers, bulkers, cruise ships, ferries, LNG/FSRU and all other types of commercial vessels and special tonnage. In addition to contact with shipyards, Fearnsale has built up a substantial base of ship buying clientele who turn to us repeatedly for information, advice and intermediary services when they need to purchase a vessel.
Fearnsale´s involvement in the second hand market is predicated on a thorough up-to-the-minute knowledge of the going prices of various types of units as well as the latest transactions underpinning these prices. The loyal support from a wide range of active clients, and constant dialogues with them ensure a very close eye on the market development. In addition to professionally handling sale and purchase transactions of second hand tonnage, Fearnsale places great emphasis on advising its clientele about the timing of transactions and Fearnsale is involved in advising and assisting major clients with the task of fleet planning in the form of acquisition and disposition of vessels.
Our experienced team at Fearnsale have been active in providing ship valuations for a long time. Amongst our clients are many of the world's top shipping banks, financial institutions and shipowners.
We cover a wide range of segments, including such as the following;
- Dry Bulk
- Crude Tankers
- Shuttle Tankers
- Chemical Tankers
- Product Tankers
- PCTC/Car Carriers
Please contact us at email@example.com with details of the vessel or fleet you would like to have valued, and we will revert with a price quotation as soon as possible.
Newbuilding activity has picked up with 11 orders this week. The LOI we saw last month has become firm orders of nine 22,000 teu vessels for CMA CGM at Hudong and SWS. The vessels are most likely being built with LNG...