Ship Brokering & Recycling Solutions

As a premier shipbroker in Bangladesh, Haque & Sons Ltd expertly facilitates global vessel sale and purchase (S&P) transactions on behalf of our esteemed principals. Capitalizing on the robust demand within the Bangladeshi ship recycling sector, we specialize in brokering second-hand and end-of-life vessels. Our extensive network and market penetration enable us to continuously monitor industry developments, providing clients with real-time intelligence on global tonnage availability and highly accurate vessel valuations.

Transparent, Expert-Led Execution

Every transaction is guided by a dedicated technical team, spearheaded by seasoned Master Mariners and Chief Engineers to ensure operational precision and technical rigor. We pride ourselves on absolute financial transparency—our highly competitive fee structure is based strictly on actual, verifiable expenses. By combining profound market insight with our expertise in procurement logistics, we guarantee that vessel owners consistently secure the most advantageous deals in terms of price, quality, and world-class professional service.

Experience

Our Vessel Sales and Purchase Experience

Haque & Sons Ltd. has been involved in vessel brokerage in Bangladesh for over five decades. Our sales and purchase team has extensive knowledge of the Bangladesh vessel market, the global second-hand vessel market, and the specialist scrap and demolition vessel market for which Bangladesh is internationally recognised.

Our long presence in Chittagong, Bangladesh’s primary commercial port city, gives us direct access to vessel buyers, demolition yards, and shipping companies operating in one of the world’s most active ship recycling markets.

We provide our principals with firsthand, accurate, and current market intelligence on vessel valuations and availability, based on our continuous monitoring of the Bangladesh and global vessel markets.

Our Vessel Sales and Purchase Services

Second Hand Vessel Brokerage

We act as brokers for the purchase and sale of second-hand vessels on behalf of our international and local principals. Our team provides current market valuations, identifies suitable buyers or sellers, negotiates terms, and manages the transaction process through to completion.

Our experience across multiple vessel types means we can provide accurate and reliable advice on pricing, vessel condition, and market timing for a wide range of second-hand vessel transactions.

Scrap and Demolition Vessel

Brokerage Bangladesh is one of the world's leading ship recycling and demolition markets. Chittagong's ship breaking yards are internationally recognised and handle a significant volume of global vessel demolition activity every year.

Haque & Sons Ltd. has extensive experience brokering scrap vessel sales to Bangladesh demolition yards. Our deep relationships with local demolition buyers, combined with our understanding of the scrap vessel market, allow us to secure competitive prices for our principals looking to sell vessels for recycling.

Market Intelligence and Valuation

One of the most valuable services we provide to our principals is current, accurate market intelligence. Our continuous presence in the Bangladesh vessel market gives us firsthand knowledge of buyer activity, scrap price movements, second-hand vessel valuations, and market trends that are not always visible from outside the Bangladesh market.

We provide this intelligence to our principals as part of our brokerage service, helping them make well-informed decisions on the timing and pricing of their vessel transactions.

Transaction Management

A vessel sale or purchase transaction involves complex documentation, survey coordination, flag state notifications, port authority involvement, and financial settlement procedures. Haque & Sons Ltd. has extensive experience managing these procedures in Bangladesh, ensuring transactions are completed efficiently and without unnecessary delays or complications.

Our team handles all local formalities involved in vessel transactions, from initial negotiation support through to final delivery and documentation completion.

Vessel Ownership Changeover

The transfer of vessel ownership or management in Bangladesh involves specific local procedures that require experienced local representation. Haque & Sons Ltd. has handled numerous vessel ownership changeovers in Bangladesh on behalf of our principals, managing all local port authority, customs, and documentation requirements efficiently.

We also provide this service as part of our port agency operations for vessels changing ownership while calling Bangladesh ports.

The Bangladesh Scrap Vessel Market

Bangladesh is one of the top three ship recycling nations in the world alongside India and Pakistan. The Chittagong ship breaking yards, located along the coast near Chittagong, handle a large share of global vessel demolition activity and are a major contributor to Bangladesh's steel industry.

For shipowners looking to sell ageing vessels for demolition, the Bangladesh market offers competitive scrap prices driven by strong local steel demand. However, navigating the Bangladesh scrap market requires a local broker with established yard relationships, current market knowledge.

Haque & Sons Ltd. has all of these capabilities. We have been involved in the Bangladesh scrap vessel market for decades and maintain direct relationships with the major demolition buyers in Chittagong.

Vessel Types We Handle for Sales and Purchase

Our vessel sales and purchase team has experience brokering transactions across a wide range of vessel types.

Bulk carriers including Capesize, Panamax, and Handymax Product tankers including Handymax, Aframax, and VLCC Chemical tankers Type I and Type II Crude oil tankers Container vessels General cargo vessels Log carriers Car carriers Vessels for scrap and demolition of all types

Our Market Connections

Our vessel sales and purchase capability is underpinned by the relationships we have built over five decades of maritime operations in Bangladesh and internationally.

We maintain direct connections with vessel buyers and demolition yards in Bangladesh, shipping companies and ship managers in Greece, Norway, Japan, Singapore, Hong Kong, Cyprus, the United Kingdom, and India, classification societies and surveyors operating in Bangladesh, and legal and financial advisors familiar with Bangladesh vessel transaction procedures.

These connections allow us to identify the right counterparties for our principals' transactions quickly and to manage the transaction process with the benefit of trusted local and international relationships.

Why Choose Haque & Sons for Vessel Sales and Purchase in Bangladesh

Over 50 years of vessel brokerage experience in Bangladesh and the global shipping market since 1972.

Direct market access to Bangladesh demolition yards, second-hand vessel buyers, and international shipping companies.

Accurate and current market intelligence on scrap prices, second-hand valuations, and buyer activity in the Bangladesh market.

Full transaction management capability covering negotiations, documentation, surveys, flag state notifications, and ownership transfer procedures.

Shore team led by experienced Master Mariners and Chief Engineers who understand vessel technical condition and can provide informed advice on vessel valuations.

Part of Bangladesh's largest maritime company, giving principals access to ship agency, port agency, crew management, crew training, and marine travel services alongside their vessel transaction requirements.

ISO 9001:2015 certified quality management system covering all maritime operations, audited and certified by DNV.

How Vessel Sales and Purchase Connects to Our Other Services

When a vessel is sold or demolished in Bangladesh, the transaction rarely involves just the brokerage. Our principals also need ship agency support for the vessel’s port call, port agency protection during the transfer process, marine procurement for any spares or stores required, and crew change coordination for the signing off of the existing crew.

Haque & Sons Ltd. can provide all of these services as part of a coordinated package, drawing on our ship agency, port agency, crew management, and marine travel capabilities to support the entire transaction process from start to finish.

This integrated capability is something that standalone vessel brokers in Bangladesh cannot offer.