Serving as a transaction intermediary agent company that works with ship owning companies and the ship recycling yards to complete the process of ship deliveries both logistically and financially. The business transactions are concluded on a cash basis with ship owners and by negotiating and discounting letters of credit issued by banks in India and Bangladesh with ship recycling yards. It is a critical requirement of this type of business part that we can rely on a first class network of banks for our business to ensure timely and seamless completion of the transactions.

BL Shipping maintains a specific purpose to focus on sustainable and environmentally friendly ship recycling. Our mission is to partner with, and source ships for recycling yards which maintain facilities that are certified to the highest regulatory standards. Our corporate strategy is to select reputable ship owners who believe in safe and green ship recycling methods and build a relationship on this foundation. Our ship owner relationships strictly adhere to the international regulations for safe recycling of ships and continuously advocate for improvements to reach the highest standards in this regard.

We have over a decade of experience in the shipping industry; our team and advisors bring unrivalled expertise and knowledge, along with a trusted network of recycling yard buyers, ship owning companies, sale and purchase brokers, insurance groups and banks.