+973 1726-8014 +973 3977- 0030 Office 3709, Level 37, West Tower, Bahrain Financial Harbour, Building 1459, Road 4626, Block 346, Manama, Seafront
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New Building – Support to Ship Buyer

New Building – Support to Ship Buyer

From the inception point to final execution and timely delivery. Extensive planning phase ensuring smooth operations and finishing the project with the best margin of profit possible.

  • Market study of Ships designs / market price based on Ship Owner / Charter’s requirement.
  • Preparation of concept specification and discussions / agreement with Owner / Charterer on key requirement.
  • Budget preparation including estimated cost of vessel (estimated contract price) and overhead expenses.
  • Prequalification of Shipyards, including pretender study, preparation of Shipyards data.
  • Preparation of Tender documents-specification, draft contract, and ITT documents.
  • Tender process – Floating tender, clarifications, tender evaluation, negotiations, and award of tender.
  • Plan Approval
  • Makers List
  • Supervision during the New Building.
  • Issuance / executing VOs during NB stage.
  • Attendance of the Sea Trials.
  • Preparation of Protocol of delivery and acceptance.
  • Initial storing of vessel, lubes and bunkers for maiden voyage.
  • Post-delivery guarantee claims: processing, repairs follow up, closing and final settlement negotiations upon end of guarantee period.