Boogaard Brokers acts as sale and purchase (S&P) broker for dredgers, barges, workboats and other marine construction equipment. Since 1923 we have brought sellers and buyers together in the international dredging industry: contractors, port authorities, sand and aggregate producers and financial institutions. We handle the whole transaction, from the first market assessment to the transfer of ownership.
Selling a dredger or marine equipment
When you sell through Boogaard Brokers, the sale normally follows these steps:
- Market assessment: we review the vessel documents and specifications and give you a realistic view of the market value and the likely buyers. If you need a formal figure, we can provide an independent valuation.
- Presentation: we prepare a listing with the main particulars, drawings and photographs. On request the vessel is presented anonymously, without name or owner.
- Worldwide marketing: the vessel is offered directly to buyers in our database of dredging contractors, owners and financiers, and published on this website where appropriate. Our strongest markets are outside Europe: South America, Africa, the Middle East and South and Southeast Asia.
- Inspections: we arrange and attend inspections by interested parties and answer their technical and commercial questions.
- Negotiation: we guide the negotiation of price, payment terms, delivery place and date and the other terms and conditions.
- Agreement and delivery: we draft the Memorandum of Agreement, normally on the Norwegian Saleform, prepare the closing documents such as the Bill of Sale and Protocol of Delivery and Acceptance, and direct the exchange of purchase price against the sales documents.
Want to sell? List your vessel with us or contact us for a confidential discussion.
Buying a dredger or marine equipment
Buyers rely on us to find the right equipment for a project, not only what happens to be listed. Tell us the type, the main specifications, your budget and the working area, and we will:
- check our current listings for sale, including vessels that are not published online;
- approach owners in our network who operate the type you need and ask whether a sale is open for discussion;
- collect specifications, class records and inspection reports and advise you on their technical and commercial merits;
- negotiate on your behalf and handle the agreement, delivery and transfer of ownership.
We work on cutter suction dredgers, trailing suction hopper dredgers, backhoe dredgers, split hopper barges, multicats, pontoons, jack-up barges and tugs. If a purchase is not the right option, we can also look at chartering.
Why a specialist broker for dredging equipment
Dredgers are not standard ships. Most are custom-built or built in small series, the dredging installation represents a large part of the value, and the market is small: a limited number of owners and buyers worldwide, few published transactions and no price indices. Selling or buying well therefore depends on knowing the equipment and knowing who is in the market.
Boogaard Brokers has done nothing else for more than a century. We combine in-house technical knowledge of dredging equipment with an extensive database of vessels, owners and transactions, and a network that reaches dredging contractors, shipyards, financiers and insurers in every region where dredging takes place. The same knowledge supports our work as an EMCI-registered valuer.
Discretion
Many sales in this market are confidential. We present a vessel anonymously when the owner asks for it, disclose details only to serious parties, and treat the identity of buyers and sellers with care until both sides agree to be introduced.
Frequently asked questions
Who pays the broker's commission?
In a sale and purchase transaction the commission is normally paid by the seller out of the purchase price, as agreed in the Memorandum of Agreement. We confirm the arrangement with you before the vessel is marketed.
How long does it take to sell a dredger?
That depends on the type, the price and the condition of the vessel and on the market at that moment. Standard, well-maintained units in demand sizes can sell within weeks; specialised or large units take longer. We give you a realistic expectation at the start.
Can you deliver a vessel to another continent?
Yes. Self-propelled vessels sail to the buyer on their own keel; modular dredgers and smaller units are shipped as deck cargo or are being towed.
Do you also handle chartering?
Yes, see our chartering page.
To discuss a sale or purchase, contact us at mail@boogaardbrokers.com or +31 (0) 184 41 51 44.