Due to their sturdy construction and unmatched efficiencies, RORO shipping vessels are attracting investments from several shipping companies today. Not only can these carry both goods and passengers, but RORO carriers facilitate hassle-free loading and unloading of goods without any aid of equipment. Whether it is agriculture machinery or factory equipment, RORO ships can transport extra heavy loads and enjoy broad applications prospects. If you are planning to buy RORO vessels for sale, there are some factors you must consider to derive maximum utilities out of it.
Consulting Ship Brokers –
Investing in the maritime vessel is not a trivial matter. After all, you are going to invest your hard-earned money in procuring the first-rate ferry. As such, you want to make the right investment decision and ensure the good value of money. For these reasons, consulting expert shipbrokers becomes extremely essential. Being your trusted advisor, a professional shipbroker imparts trustworthy recommendations and helps you make the right purchase decision. Fulfilling the role of negotiator, a broker can facilitate your communication with the prospective ship seller thereby bagging the best deal for you.
Understand Market Trends –
Do you know the global market of marine vessels is expected to touch $220.18 by 2026 (globenewswire.com)? With this promising statistic, we can expect that the market of RORO vessels will further consolidate in the upcoming years. However, at times complying with IMO regulations can bring in a few challenges such as higher costs, increased transit time, and reduced capacity (unctad.org). Needless to say, when you are buying RORO vessels for sale, you have to keep in mind these types of market volatilities. Consulting with a shipbroker is definitely recommended, but a little research on your part can take you a long way.
Equipped with Modern Amenities –
The fleet of RORO vessels boasts of tremendous advancements. That is so because these vessels are used in the transportation of passengers as well as sensitive substances like gas, chemicals, rolling stock, petroleum products, and vehicles among others. Bow ramp, bow door, stern ramp/doors, flood control doors, and internals ramps are some essential features found on RORO. These cargo handling features facilitate easy access & transfer of equipment through load/unload operation. So, look for these mandatory features before buying a recycled ship.
Must-have Green Features –
ROROs are already running on alternative energies, but the construction of Finnline’s hybrid RORO ferries is going to take sustainable cargo shipping to the next level. The newest eco-friendly RORO vessels will be integrated with efficiency engines, lithium-ion batteries, and an advanced air lubrication system. All these features will help in reducing hull resistance and allow zero-emission operations at the port. Remember, green shipping is the ultimate trend in the maritime industry today. Hence, you have to be sanguine about at least major green features before purchasing RORO vessels for sale.
Conclusion –
Beaming with growth, the global RORO market is attracting several investment opportunities today. Due to the global pandemic, the market came to a standstill for a while but it is now ready for a perfect bounce back. To make the right investment decision and save yourself from market volatilities, you should consider the aforementioned factors before purchasing a RORO vessel. Do you any questions or queries? Talk to the experts, Norwegian Ship Sales, one of the leading shipbroker companies.
