Sale & Purchase, New buildings & Demolition

Our Sale and Purchase service is underpinned by an expansive network, enabling our brokers to engage in global markets for the sale, purchase, newbuilding and demolition of various vessel types. This comprehensive approach ensures that our clients receive tailored solutions for their specific needs.

Our S&P brokers collaborate closely with our Time Charter & Projects desk, providing clients with not only timely and accurate charter market information but also opening avenues for relevant period chartering opportunities.

In response to escalating regulatory pressures and the growing imperative to reduce environmental impact, we are at the forefront of assisting clients in addressing sustainability concerns. Whether guiding them through the selection of fuel-saving technologies for a newbuild vessel or facilitating environmentally conscious vessel recycling, our team is dedicated to helping clients navigate the complexities of regulatory compliance while promoting environmentally responsible practices.

Sale & Purchase in numbers

50k

Ocean going cargo vessels in operation

2000+

S&P transactions in 2024

140+

Shipyards building deep sea vessels

About Sale & Purchase

Ship Valuations

Gibson’s ship valuation desk is a trusted impartial provider of certified valuations for leading Shipping Banks, Maritime Courts, Underwriters, Claims Adjusters, Oil Majors and Ship Owners. We have also undertaken numerous independent expert witness cases for arbitrations to the wide approval of our appointees. We value all conventional ship types and offer competitive fees for one-off or multiple/fleet valuations as well as bespoke retainer arrangements.

Sale & Purchase team

Anuj Gosalia

Broker

Department: Sale & Purchase

Location: Mumbai

Daniel Gifford

Director

Department: Sale & Purchase

Location: Athens

David Cundy

Broker

Department: Sale & Purchase

Location: London

David Hawkins

Broker

Department: Sale & Purchase

Location: London

Georgios Stratakis

Broker

Department: Sale & Purchase

Location: London

Maria Anagnostou

Broker

Department: Sale & Purchase

Location: London

Nagda Dhiren

Broker Assistant

Department: Sale & Purchase

Location: Mumbai

Rupert Scott-Hughes

Sectional Director

Department: Sale & Purchase

Location: London

Sriniwas Ghate

Broker

Department: Sale & Purchase

Location: Singapore

Stuart Koenig-Roach

Valuations

Department: Sale & Purchase

Location: London

Torge Schepers

Broker

Department: Sale & Purchase

Location: Hamburg

Propelling maritime trade through excellence in shipping services.

With over 130 years of experience and a global network of industry connections, we are your trusted partner in shipbroking and advisory services.

From crude oil to refined products we facilitate the chartering and brokerage of tankers.

LPG, Ammonia & Petrochemical Gases

Leveraging expertise, we ensure seamless transportation of liquefied gases.

Sale & Purchase

Facilitating the acquisition, divestiture and value optimisation of shipping vessels.

Specialised & Chemical Tankers

Offering specialised solutions, we manage the chartering and brokerage of chemical tankers.

Projects & Time Charter

Catering for the specific needs of clients in project and time charter requirements.

Consultancy & Research

Providing valuable insights and strategic advice to empower our clients with market intelligence and analysis.

Facilitating chartering solutions to ensure the efficient and secure transportation of LNG.

Managing and actioning the chartering and brokerage of dry bulk commodities.

Gibson Capital provides specialised maritime finance and advisory services.

Discover more weekly reports

Tanker Market Report 20.03.26

Upstream Under Attack

The past few days have seen the conflict extend beyond chokepoint disruption into direct strikes on production and refining infrastructure across the Gulf. Following Israel’s attack on Iran’s South Pars gas field on Wednesday, Iran retaliated with drone and missile strikes on energy facilities in Qatar, the UAE, Saudi Arabia, and Kuwait. Qatar’s Ras Laffan industrial complex was targeted, and Abu Dhabi’s Habshan gas facility and Bab oil field were shut down. Drone strikes caused fires at Kuwait’s Mina Al-Ahmadi (346 kbd) and Mina Abdullah (454 kbd) refineries, with the former being struck repeatedly, forcing a shutdown of the refinery. The SAMREF refinery in Yanbu and Haifa refinery in Israel were also struck, with damage still being assessed. After a brief pause over the weekend, attacks on vessels continued this week, as a ship was struck off Ras Laffan, and another off Khor Fakkan. Since 28 February, the UKMTO has reported a total of 19 attacks on commercial vessels.

Tanker Projects 20.03.26

Gibson Weekly Projects Report – 20 March

Gibson Weekly Projects Report

Tanker Market Report 13.03.26

Locked Strait

The crisis in the Middle East shows no signs of abating. Attacks on oil infrastructure in the region have continued, and multiple vessels have been hit. Transit through the SOH remains effectively blocked, with just a few tankers crossing Hormuz since the outset of hostilities. With storage filling up, Gulf countries have been forced to shut production and refining capacity.

Tanker Market Report 06.03.26

Middle East Mayhem

The first week of the US-Israel military campaign against Iran has drawn to a close, but what happens in the weeks to come remains extremely uncertain. The war has triggered a global energy shipping crisis of epic proportions, with cascading effects across oil markets, tanker freight, and petrochemical supply chains.

Tanker Market Report 27.02.26

VLCCs on fire

The VLCC market has reawakened with force. Benchmark TD3C earnings have surged to above $200,000/day, a level not seen since May 2020. The scale and speed of the move has upended market expectations. The move is not simply a function of rising cargo volumes; it reflects tightening tonnage availability, expanding tonne-mile demand, concentrated ownership, and an increasingly fragile geopolitical backdrop.

Tanker Market Report 20.02.26

Port Fee Saga

It is likely that many people in the shipping industry were hoping we had seen the last of additional port tariffs in October, after the US Trade Representative’s (USTR) Section 301 tariffs targeting Chinese owned, operated or built ships were put on hold for a year, with China also lifting its own retaliatory measures. However, after causing havoc in 2025, the port fee saga has its latest instalment. On Friday the 13th of February, the Trump administration published their most recent plan to restore America’s maritime dominance.

Tanker Market Report 13.02.26

Crude Clampdown

The EU is considering a major change to its sanctions framework on Russian oil. As reported on the 6th of February, the upcoming 20th sanctions package proposes a full ban on maritime services for Russian crude oil. This would cover shipping, insurance, brokerage, and finance and would fully replace the current price cap mechanism. Under this approach, European shipping companies would be barred from carrying Russian crude regardless of the price at which it is sold. The proposal is limited to crude oil only and does not currently include refined products such as fuel oil or clean petroleum products. UK sanctions are expected to follow the EU’s approach, which would effectively shut Russian crude out of the mainstream tanker market.

Tanker Market Report 06.02.26

Reassessing Russian Supply

Earlier this week, President Trump announced that the United States and India had agreed a trade deal. Whilst the deal is not expected to be signed until March, Trump claimed that India had committed to stopping imports of Russian oil. For the tanker markets, such a move would be significant and lead to further adjustments in oil trade flows. However, India faces a number of challenges in weaning itself off Russian oil, whilst Russia itself will struggle to redirect Indian volumes to alternative markets. Notably, the Indian government is yet to acknowledge the agreement to cease Russian oil imports entirely.

Tanker Market Report 30.01.26

Geopolitics Before Fundamentals

Geopolitical developments dominated tanker markets last year, with a wave of sanctions primarily targeting Russia, secondary measures aimed at entities trading Russian and Iranian crude, the brief Israel-Iran conflict, Trump’s inauguration, US trade wars, and the US-China port-fee standoff among the key events. So far, this year is proving just as “eventful” as 2025.

Tanker Market Report 23.01.26

Clean Barrels

In the summer of last year, the EU published its 18th sanctions package, announcing a ban on imports of all products refined from Russian crude, which finally came into effect this week. Initially, the legislation appeared to suggest a blanket ban on imports from refineries which process Russian crude oil. However, further clarification under the 19th sanctions package confirmed that if a refinery can fully segregate the refining of Russian crude from non-Russian sources, then import from the non-Russian supplied part of the refinery can be allowed. Otherwise, if Russian crude oil cannot be segregated and processed separately by the refinery, but evidence is provided by the third party that no Russian crude has been received or processed in the ‘production line’ over the past 60 days prior to the bill of lading date of the cargo at issue, import into the EU is allowed. Further, net exporters of crude, such as the major Middle East producers, are exempt from the EU restrictions.

Tanker Market Report 16.01.26

Trouble in Tehran

Trouble in Tehran Following two weeks of unrest, the oil market is again focused on Iran after a period of relative calm since last summer’s 12‑day war. At the time of writing, the government appears to have quelled much of the unrest. Even so, the threat of potential US strikes, deep public dissatisfaction, disruption to […]

Tanker Market Report 09.01.26

Venezuela Reset

If anyone expected 2026 to be less eventful than 2025, the first weekend of the year has swiftly proved them wrong. On January 3rd, the US announced that Venezuelan President Nicolás Maduro and his wife had been captured and taken into US custody.

Tanker Market Report 19.12.25

Year in Review

It has been another year for the books in the tanker markets, with almost too many events to recap. We covered the first half of the year in our earlier report titled “All about US”. In this report we will limit our focus to recapping some of the key developments of the second half of the year. The latter half of the year certainly had its fair share of geopolitical turmoil, but for the tanker markets it will be remembered for the sky-high dirty freight rates achieved especially in Q4. Clean markets have been healthy, though nowhere near as strong, and weaker compared to a 2023 and 2024.

Find a Broker

Whether it’s tankers, clean products or specialised cargo, find a trusted broker in navigating the seas of global trade, and get access to a connected team of seasoned shipping professionals, operational excellence and unmatched strategic guidance.

Discover relevant industry news, insights & events

A Classic Combination: Talking Dual-Purpose Carriers with Engebret Dahm

Shipbuilding in a Supercycle with Dan Gifford

AI Incoming: Digital development in Shipbroking and Chartering with Ioannis Martinos.

Hell of a Start to 2026 – Gibson’s Tanker and LPG views with Ed Romer-Lee and Senthuran Raviraj

Oil Demand Delusions with Neil Atkinson

Behind the Scenes – Exploring the World of Ship Recycling

Is Hydrogen a Hoax?

Navigating Arbs and Freight Dynamics with Michael Ryan

Halfway through the Gibson Impact Challenge 2025 – We need your help!

The Shipbrokers Podcast. Ship Finance: What’s Hot and, What’s Not with Richard Moore

Talent Surge and Leadership Renewal Strengthen Gibson Shipbroker’s Foothold in Asia Region

The Shipbrokers Podcast. Crude Complexity: Sanctions and the Dark Fleet with Leigh Hansson