Ship Sale & Purchase Agreements
Second-hand vessel sale and purchase on the Norwegian Saleform (NSF) — inspection, delivery, deletion and title transfer.
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Overview
Understanding Ship Sale & Purchase Agreements
The sale and purchase of second-hand tonnage is typically documented on the Norwegian Saleform (NSF / Saleform 2012) or NIPPONSALE. We act for buyers and sellers on the memorandum of agreement, inspection and class records, deposit and escrow, delivery, deletion from the seller’s registry and transfer of clean title — coordinating with financiers and flag states.
What We Cover
Key Highlights
Memorandum of Agreement (Norwegian Saleform 2012)
Inspection, class records and condition surveys
Deposit, escrow and payment mechanics
Delivery, deletion certificate and bill of sale
Clean title transfer and flag-state coordination
Our Process
How We Help You
A straightforward, transparent path from first call to resolution.
1
1MOA
Negotiate the memorandum of agreement and deposit terms.
2
2Inspection
Vessel and class-records inspection; conditions satisfied.
3
3Closing
Payment, bill of sale, deletion certificate and delivery.
FAQs
Common Questions
Everything you need to know before you begin
The most widely used standard contract for the sale and purchase of second-hand ships, currently the Saleform 2012.
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