Marine News Service
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What is SnP? SNP is abbreviation of “Sales and Purchase”, which means sales of vessels including all sizes, types, and years.
The SnP generally deal with second-hand shipments. The partial advantage of SnP is that if there is an intention to sell an already used ship from the owners, the value of the ship in the current and future market is assessed by ship brokers. Based on this assessment if the owner decides to put it on sale, the owner can take advantage of selling the ship directly to the SnP market, followed by connecting the ship to the most affordable buyer whom offers the best price for the contract. Repko’s specialization relies on the sale and purchase of any type, size, and years of vessels.