Ship Sale and Purchase: Strategies and Practices

Course Info

Length: 1 Week

Type: Online

Available Dates


  • July-15-2024


  • Aug-26-2024


  • Sep-23-2024


  • Oct-14-2024


  • Nov-04-2024


  • Dec-16-2024


Course Details

Course Outline

5 days course

Introduction - ship types and classification

  • Overview of the maritime industry and its Stakeholders
  • Importance of ship sale and purchase in the industry
  • Different types of ships and their characteristics
  • Classification Societies and their role in ship classification

legal framework

  • International conventions and regulations related to ship sale and purchase
  • Contracts and agreements used in ship transactions (e.g., Memorandum of Agreement, Sale and Purchase Agreement)

Ship Valuation and Due Diligence

  • Methods and approaches for ship valuation
  • Factors influencing ship valuation (e.g., age, condition, market demand)
  • Importance of due diligence in ship sale and purchase
  • Technical and legal aspects of the due diligence process

Financing and Insurance:

  • Financing options for ship acquisition
  • Marine insurance and risk management

Delivery and Flagging:

  • Transfer of ownership and registration procedures
  • Flagging options and associated considerations

Course Video