How we can help you

We can manage the distressed asset for you for the required period of time, maintaining or improving its value for the future endeavors or find the cost-efficient and environmentally conscious way of recycling, if required.

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Ensuring the continuity

The changes in the maritime industry and the global economics can result in underperformance and dispossession of assets. Managing these assets can prove challenging and time-consuming.

With our professional technical and operations competence and extensive expertise in maritime operations, our team is able to maintain the value of distressed assets.

We shall conduct the thorough inspection and evaluation of the asset prior or during the acquisition of the asset and perform regular monitoring as well as management of it throughout the project. We can also be of service should the asset be required to be disposed of and use our extensive network of trusted partners to find the most optimal and environmentally conscious manner of disposal. When we dispose assets, we also conduct appropriate evaluation and make the disposal in a transparent manner.

With stringent rules and procedures in place, we shall classify, reassess and maintain the value of your distressed assets for optimal returns by:

  1. Identifying cost savings: We shall review the vessel's operations and identify opportunities to reduce costs, such as by negotiating better rates for services or optimizing fuel consumption.
  2. Improving efficiency: We shall help to improve the efficiency of the vessel's operations, for example by streamlining processes or identifying maintenance issues that are causing downtime.
  3. Managing risks: We shall help to manage risks such as regulatory compliance, crew safety, and financial exposure, which can be particularly important for distressed assets.
  4. Supporting the sale process: We shall assist with the sale of a distressed asset by preparing the vessel for sale, conducting due diligence, and helping to negotiate the sale.

Overall, we shall provide valuable support in distressed asset management by helping to stabilize the operation of a distressed vessel, identifying opportunities to reduce costs and improve efficiency, and supporting the sale process.

Get a personalised solution

Let's discuss how your business can benefit from our extensive experience.

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Competitive tailored ship- and project management solutions

All the services we provide are with Owner's approach and to all vessel segments, worldwide.
We are fully certified and correspond to all required industry standards.

Added value

We offer a range of services that can be requested either as part of a ship management package or as a standalone services.

Our focus on the environment

We act as a responsible corporate citizen, living our values in relation to the businesses, societies and environments where we operate. We try to leave no footprint and if we do, to make sure it's a positive one.

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