Sale & Purchase/New Building +44 (0) 20 7378 6361

The Sale and Purchase division provides a complete service from contracting newbuildings through to second-hand sales and demolition.

Capital decisions of the nature required in this sector of the industry require in-depth specialist knowledge of each particular segment and therefore close co-operation with the Research department is an automatic part of the second-hand or newbuilding broker’s day. Our clients expect world-class service and support at all levels of their decision making, as well as in-depth knowledge and experience of negotiation procedure.

Newbuilding

The company has long-established relationships with the principal yards of the world engaged in the construction of oil tankers, gas carriers, bulk carriers, container ships, passenger ships, and other specialised vessels. Our Shanghai office is dedicated to the rapidly expanding Chinese newbuilding market, where our clients have the advantage of knowing that specialised local staff are in close contact with all the principal shipbuilders.

Second-Hand

This business is the heart of the division’s activities and covers the full range of ship types. The location of the Sale & Purchase division alongside our two chartering divisions encourages close co-operation between all departments and leads to frequent project transactions involving sales and long term charters on oil tankers, gas carriers or bulk carriers.

Demolition

This highly specialised activity completes the full service role. Galbraith’s constantly keeps clients well informed of market prices and yard space in the major demolition markets of the Indian sub-continent and the Far East.

Valuation

Over the years Galbraith’s has maintained its position as a leading ship valuer acting on behalf of banks, insurance companies, solicitors and P&I clubs and is a founder member of The Ship Valuation Panel.

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