New building contracting and secondhand sales are a core business, and are handled by some of the most experienced brokers in the business. In response to today’s fluctuating market conditions, we also handle demolition sales. Through close working relationships with major shipyards across the globe, built up over many years, Simpson Spence Young has been able to facilitate a large volume of contracting business. In addition, we offer our extensive experience, market intelligence and negotiating skills as well as consulting services to both ship owners and shipyards in support of new contracts. Regular advice is given concerning commercial aspects of individual new designs and market appraisals are made on behalf of investors.

Vessel valuations are another field of expertise and we work closely with all sectors of the industry including shipowners and financial institutions worldwide. We pride ourselves on our neutral approach to valuations combined with our tried and tested methodology and accountability.

All valuations are carried out with due diligence and in accordance with our ISO procedures.