Ship Recycling
Ship Recycling Broker in India
Connecting owners of end-of-life vessels with cash buyers and Hong Kong Convention–compliant recycling yards.
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Overview
Responsible end-of-life vessel transactions
Ocean Vista Shipbroker acts as a ship recycling broker, connecting shipowners who are considering the disposal of end-of-life vessels with suitable cash buyers and recycling yards. We support transparent communication and commercially informed negotiation throughout the deal.
India — and Alang in Gujarat in particular — is one of the world’s largest ship recycling destinations. Being an India-based broker gives us direct proximity to this market and its buyers.
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships entered into force in June 2025. We support transactions with yards that meet the applicable compliance requirements.
Owners still trading their vessels may also consider our ship sale and purchase brokerage or dry bulk chartering services.
Our Recycling Activities
- End-of-life vessel sourcing
- Cash buyer and seller introductions
- Indicative market assessment
- Commercial offer coordination
- Negotiation support
- Coordination with technical, legal and regulatory stakeholders
Recycling Process
Selling a vessel for recycling, step by step
Step 1
Vessel details
Share LDT, location, delivery date and condition so we can test the market.
Step 2
Cash buyer offers
We obtain competitive offers from reputable cash buyers and recycling yards.
Step 3
Compliance check
We focus on HKC-compliant facilities and the documents your sale will need.
Step 4
Delivery to yard
We coordinate the final voyage, delivery and payment through to completion.
FAQs
Ship recycling – FAQs
What is a cash buyer in ship recycling?
A cash buyer is an intermediary that purchases an end-of-life vessel from the shipowner, usually for cash based on the ship’s light displacement tonnage (LDT), and then resells it to a recycling yard.
What is the Hong Kong Convention?
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships is an IMO convention that sets safety and environmental standards for ship recycling. It entered into force on 26 June 2025.
Why is Alang important for ship recycling?
Alang in Gujarat, India, is one of the largest ship recycling locations in the world, and many of its yards have upgraded facilities to meet international compliance standards.
What information is needed for a recycling enquiry?
Share the vessel’s particulars, LDT, current location, expected delivery date and condition, along with any flag or class considerations.
Recycling transactions are subject to applicable regulations and to the requirements of the vessel, flag, buyer and recycling facility.
Have a vessel for recycling or a buyer requirement?
Contact us for recycling enquiries, vessel offers or buyer requirements.