The former head of United Arab Chemical Carriers (UACC) CEO Per Wistoft has returned to the industry with an exciting new platform that promises to revolutionise the trading of ships worldwide.
The Tonnage Exchange offers opportunities to swap tonnage on sale, sale/leaseback and charter party terms and is aimed at shipowners and operators, oil companies, traders, banks, private equity investors and shipyards.
“When considering your company’s asset position, you often find yourself restricted and unable to act because of for instance book values exceeding market values, assets not being suitably located geographically or your risk position limiting a desire to explore strategic changes. The Tonnage Exchange is a strategic management tool and platform for moving and optimising assets. It provides new ideas and alternative solutions on how to deal with these well known, but often complicated, business challenges,” commented founder Wistoft. The platform was co-founded by Michel Deleuran, a long term Maersk employee who also worked for Qatari owner Milaha in the past.
Asset registration is free of charge and the exchange does not broker the tonnage. After registering as a user, with subsequent registration of vessel availabilities and requirements, the platform reacts with swap suggestions. Banks and other financial institutions are also able to indicate the availability of sale/leaseback transactions.
Several maritime companies have committed to register tonnage availabilities and requirements from the outset.
