Trading in vessels proves popular with buyers and sellers alike; a round-up. Trading in pre-owned vessels continues to be a popular choice for many customers. Damen Trading facilitates the sale and purchase of both Damen and third-party vessels. Recent deals highlight how trading in vessels results in a win-win situation for buyer and seller.
Under these arrangements vessels have been sold in Australia and bought by clients in Uruguay, UK vessels have gone to Zanzibar, Colombian vessels to Jamaica, with customers worldwide seeing the benefits of trading in.
This summer a client based in the Middle East purchased two Damen 26 m Shoalbusters and decided to take advantage of trading in opportunities by selling two of its Multicats 1908 and a Fast Crew Supplier.
Damen carried out the inspections and refurbishment of the three vessels at its partner yard, Albwardy Marine in Dubai. The two Multicats were destined for an Australian client so it was vital that the hulls were sandblasted and repainted to comply with the country’s strict environmental regulations. Damen also handled the transport to Australia.
The FCS was sold on to a client in Kazakhstan. Here, Damen carried out changes to the seating arrangement, reducing the number of seats from 75 to 60, as well as making the required adjustments to the heating and air conditioning system.
Michel Radjiman, Damen Trading’s Sales Manager, says: “Damen has yards all over the world so we can carry out any refurbishment or repairs needed and all near to Damen Trading’s clients.”
In other trade-in deals, Damen Trading has sold vessels on behalf of the UK Customs Authority, with vessels being sold on to clients in Nigeria and Zanzibar.
Furthermore it has handled vessel exchanges for several customers active in the offshore wind industry. Often these customers want to upgrade from non-Damen vessels to the pioneering Damen Twin Axe FCS 2610, a vessel fast becoming the offshore wind industry standard.
Damen Trading also facilitates customers that have a change in their fleet requirements, although they may still want to keep the same vessel type. In another recent example, a customer wanted to trade a Damen Stan Tug 1606 for one of the same type. The first Stan Tug had an exhaust at the stern and no A-frame but the new 1606 vessel has funnels and an A-frame. The original vessel was then sold to a customer operating on the River Thames in London.