SOUTHPORT ATLANTIC - as U.S.based international ship sale and
purchase brokers we specialize in contracting for construction of newbuildings,
sales of second hand vessels for continued operation and demolition sales of old
and redundant tonnage.
We started out in 1989 as Atlantic Shipbrokers Inc. and entered into a
cooperation agreement with tanker brokers Southport Maritime in 1998
when we moved with them into new offices and began trading under the
name Southport Atlantic.
Our international clientele is spread world wide but concentrated
mainly in North and South America. We have concluded ship sale
transactions or newbuilding contracts for independent ship owners,
major oil companies, chemical operators, leading fruit producers,
American flag operators, offshore support companies and others.
We are also specialists in sales of second hand and newbuilding
floating drydocks to and from shipyards around the world.
Our day to day presence in the ship sale and purchase market
provides an ideal perspective to act as appraisers of ships and
floating drydocks; we carry out regular valuations for shipowners,
financial institutions and government agencies and have conducted
fleet valuations for bond issues and IPOs. On occasion members of our
team have been appointed to act as expert witnesses on ship values in
Some highlights of our business in recent years:
- We established a tanker pool for major European chemical operators;
- We contracted for the construction of a series of offshore supply
vessels in China, recently delivered;
- We handled the purchases of several secondhand Panamax tankers
for a major conversion project;
- We delivered several modern stainless steel chemical tankers
to client shipowners;
- We placed an order on behalf of a leading U.S. defense contractor
for a large newbuilding floating drydock;
- We arranged substantial refurbishment and newbuilding contracts
with a Black Sea shipyard on behalf of U.S. clients;
Our team of brokers combine many years experience in world shipping markets:
Andrew Watson began his career in tanker chartering in London and subsequently held shipbroking positions in Hong Kong and Sweden. Since moving to the United States in 1980 he has concentrated on second hand sale and purchase and contracting of newbuildings.
Howard Yaffe is a graduate Naval Architect, having previous experience in naval and commercial ship design along with operating and commercial experience of foreign and American flag vessels, including Great Lakes. Today he focuses on floating drydock business, in both second hand sales and contracting of newbuildings.
2401 PGA Blvd., Suite 236
Palm Beach Gardens, Florida 33410