The pandemic has highlighted the importance of being able to adapt and improve.
In terms of sale and purchase, shipbrokers and broking are flexible things, constantly adapting to changes in the market, a client’s needs or indeed to finding a way to “get the deal done”.
Independent inspection reports, novating crewing contracts and lengthy “Covid clauses” have fast become S&P standards, ensuring that ships continued to change hands at the peak of the pandemic, and enabling high volumes of S&P transactions today.