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Ship Recycling

Considering the present volatility of the Steel market and the fluctuating currency rates, a Cash Buyer becomes an integral part of all Ship Sales and Purchases for the purpose of recycling. A general guide to ascertain capable Cash Buyers can consist of the following finer points that one should look for before making a deal:

With regard to the above criteria, we can proudly state that ARGO has a proven track record of serving successfully its customers and clientele for more than 35 years in the Ship Recycling Industry.

ARGO is well known as a ‘Cash Buyer’ company in the Ship Recycling Industry and has gained adequate reputation in this regard. As the name suggests - Cash Buyer - at ARGO, we purchase a vessel on “As Is Where Is” basis (mostly), at our own financial risk and deliver the same to the recycling industry at Ship Owner’s convenience. At ARGO we perform multiple jobs like that of a Purchaser, Seller and Financer. Also, through these operations we keep an eye on the market and analyze the risk factors.

Hence, the risk factor of re-negotiations is cushioned by ARGO, leaving the Ship Owners with their Committed Price, experiencing almost no hassles at all throughout the whole deal.

ARGO has outperformed industry benchmarks by negotiating more than 500 vessels in a period of around 15 years.

Send us your details today and experience the ‘Feel Good’ factor from ARGO.

 
P.O. BOX - 61173, Dubai, U.A.E
Tele : +9714-881-5521
Fax : +9714-881-6635

Email : argo@emirates.net.ae
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