Under current market pressure, Chinese banks will have more and more troubled portfolio vessels in coming years, because their Chinese or western shipowners face financial problems. While state-owned banks usually don't put these vessels on the market, we can access such information through our relationship, and make transactions which buyers and banks are comfortable with.

Chinese yards suffer from order cancellation and uncompleted contracts with bankrupted owners, which create distressed vessel opportunities for buyers. We will help to investigate the quality of vessels and the ability of yards to continue construction. Based on clients’ need, we provide the timely information for specific type of vessels and help to negotiate the resale process.