The Recyling/Demolition department continuously monitors price fluctuations and trends in this highly volatile market.
Our extensive experience in practices, payment and delivery procedures and reputations of various ship breakers and cash buyers in all major ship-breaking markets worldwide is of considerable value to our clients in disposing of their obsolete vessels. Our expertise in this sector enables our clients to obtain the best possible price and delivery terms while minimizing their risk.
Compass Maritime also arranges the sale of vessels on an "as is/where is" basis with the buyer taking full responsibility for transportation to the recycling area as well as arranging for ocean towage of vessels that cannot proceed under their own power.
We have sold over one thousand ships for demolition.