London Maritime Agents were founded with the intention of providing an internationally recognised all-encompassing ship recycling service, focussed on offering professional and reliable ship breaking provisions with consideration for corporate and environmental responsibility.
We seek to provide a combination of client and shareholder satisfaction by improving and assisting companies' existing vessel recycling activities. Our multitude of worldwide contacts enables us to source the best price for our mandated owners' ships given their materials, size, condition and location.
Collectively, India, Pakistan, China and Bangladesh recycle over 90 per cent of the planet's recyclable vessels with India's responsibility representing in excess of 40 per cent of those vessels available. Through comprehensive and up to the minute market awareness, together with extensive geographic experience within each of the indicated recycling regions, London Maritime Agents seek to provide the best value for those they represent.
The company also operate a ship sourcing service for ship dismantlers and cash-buyers globally, whereby we obtain ships with the specific characteristics to suit an individual's port capacity, budget or time constraints. It is our belief that by holding a portfolio of both willing and established purchasers and vendors, time and cost efficiencies can be achieved by matching clients' requirements.
One of the most significant challenges for owners requiring vessel recycling today, is attaining reliable ongoing relationships with recyclers and cash buyers alike. Lengthy negotiations and occasional litigation can draw out the breaking process substantially longer than necessary, potentially damaging revenue streams and associated margins. London Maritime Agents reduce the potential risks involved in the process by utilizing verified contacts within the industry.
The company is based in London, the international financial and maritime capital of the world, and operates on a success fee basis, thereby ensuring that efforts are made to obtain best value for all involved parties. We work with clients of all sizes and all nationalities and with all variety of seagoing craft.