Our Business

Captive Consumption

E3 Banking

Consistency & Commitment

ARGO is the only Cash Buyer with a proven track record both in the ship recycling industry and in Ship Sales & Purchase.

We take a holistic approach, providing our client's the ability to maximize synergies, cost savings, best practices, and benefits across multiple dealings. ARGO has been aggressive in its purchases on ‘As Is Where Is’, creating a Feel Good environment for the ship owners, as they do not have to worry once the deal is closed. ARGO takes care of the rest and delivers in time.

In year 2002-03, ARGO aggressively and successfully concluded several ship purchases worldwide on ‘as is where is’ basis and thus negotiated high tonnage of vessels for recycling purpose. This puts ARGO as the only reputed leading and totally committed Cash Buyer in the world with a captive consumption. We site some of our recent successes below:

‘Big red Boat II’ – ARGO successfully purchased the largest Cruise Ship on ‘as is where is’ basis. Presently en-route to India from Freeport, Bahamas.

‘Minas Gerais’ – ARGO is the only Cash Buyer to have purchased undertow three large Air Craft Carriers, the last being ‘Minas Gerais’, delivered successfully & safely undertow at Alang (India), at our own recycling facilities on 17th April 2004.

Click here for details of vessels purchased