Other Services
Sales and purchases
Sale and purchase of second-hand vessels has historically been a very important method of fleet renewal for Greek shipping.
Accordingly, our company has maintained its strong expertise in this area. Contrary to bilateral placement of a shipbuilding order, S&P needs the co-operation of a wide net of shipbrokers specialising in that field. Thanks to our connections and experience, all European and Japanese sale candidates are brought to the notice of our Greek clients, while exclusive opportunities can be placed at their disposal too. Ensuring our company is competitive in sourcing exactly the right ship and the best business opportunity, a number of capable brokers sweep world markets on a daily basis.
At the same time, we also provide a service at the other end of the cycle in leading obsolete, old tonnage to selected scrap yards.
Newbuilding Contracting
Newbuilding contracting as a shipbroking field of activity in Greece began in the early 1970s and gradually became a main source of income to those shipbrokers who grasped the need for Greek shipping to renew its fleet. Our company was aware of the change in trend at an early stage, and thanks to a system business focus we soon became a leader in the field, virtually monopolising newbuilding contracting in Greece from the early 1990s onwards.
We have been instrumental in researching, negotiating and placing numerous, substantial shipbuilding orders in Japan, Korea, P. R. China and certain European countries, such as Croatia. Over the years, our company also placed a number of shipbuilding projects with Greek builders.
Repairs & Conversions
While contracting of newbuildings and sale and purchase of second-hand vessels were the initial speciality of our company, management understood at an early stage that shipowners are in need of professional services to help keep their vessels in safe and efficient shape. Accordingly, a repair department was established to provide our clients with prompt, reliable, and cost effective solutions for a wide range of maintenance, repair and conversion projects. We introduce the most suitable shipyards and conduct negotiations to the signing of the contract. Thereafter we have the experienced staff to closely follow the whole repair proceedings to the client's satisfaction.
Conversions in particular are often complex and major projects that call for special care and professionalism. Our staff is second to none when it comes to handling such major and sensitive projects.
Chartering
As our other departments are involved full-time in procuring and maintaining safe and remunerative fleets for our clients, chartering is the means of exploiting the assets in a remunerative way and obtaining income for the business. It requires a wide and comprehensive knowledge of the international environment and the risks as well as the opportunities that lie in wait.
Our company has a long history of experience and success in the field. In modern times our chartering activity has focused primarily on long-term time charters in support of overall projects where employment often serves as collateral in the whole deal.
However, in response to repeated requests from a number of clients, we have completely re-established our Chartering Department and have appointed highly-regarded chartering brokers to provide a complete high-quality chartering service for customers.