"BRAX SHIPHOLDING REDERI AB "

Brax Shipping was established in January 1982 and is located in Gothenburg on the Swedish west coast. We are a team of shipbrokers that are specialized in a niche segment involving:

Roro:s Passenger ferries RoPax Cruise vessels High Speed / Fast ferries We offer advice as consultants, valuation expertise, S&P, secondhand chartering options and new building possibilities.

Our mission at Brax is to engage and interact with our clients and make sure together as a team we can reach all the way. Our vision is to leave a positive footprint and we aim for a long lasting business relations. Our track record when it comes to finding solutions is a sign of our aptitude and professionalism. We are a NOW organization which means we aim to go above and beyond, no matter what the scope is. We conduct our work with the highest integrity and transparency, always with a swift turnaround.

Environmentally we are taking action for our future by promoting and adopting environmental friendly solutions, renewable and sustainable energy sources. Together with companies we are developing new and exciting projects in order to minimize our “sea print” on the ocean.

As a company we embrace the 17 UN sustainability development goals and involve the same in or daily work and procedures. We have together with students from the Chalmers University of technology, Gothenburg, made an assessment on our present status and are focusing on improving the compliance of the goals.

VALUATIONS Brax shipping is a NOW organisation with a vast international network that has developed a unique valuation method for the shipping industry which follows the highest international quality standards and requirements. As brokers we are experienced in and have extensive knowledge in a niche segment of the market involving RoRo's, ferries, cruise ships and hi-speed vessels, these segments consist of unique assets with large variations in characteristics and the way they trade. Our everyday work involves interacting and analysing the current market conditions by performing a range of market analysis, reports and valuations of your vessels.

Our method is defined and based on the International Valuation Standards Councils well recognized definitions in order to provide an as unbiased and objective angle for you and your company as possible. Our valuation services cover both desktop appraisals, based on our extensive market knowledge, as well as onboard inspections to make complete assessments of ships’ overall conditions. This, combined with our accumulated database on vessel transactions, means we can ensure that we provide a valuation that is in line with the prevailing market conditions and the singular characteristics of the vessel at hand.

When valuating a vessel we establish a market value through a market or cost approach or a combination of both, where the unique asset details are put in to relation to our extensive market knowledge. The market value is based on an asset transaction between a willing buyer and a willing seller, where both parties are knowledgeable, sensible and the transaction is without compulsion or attached charters or other income.

Our vision is to leave a positive footprint and insure you the highest quality of service throughout the whole process together with utmost client confidentiality.

For complete terms contact us;

S&P AND CHARTER Extensive knowledge of our markets, market actors and technology combined with a vast international network enables us to provide information and know-how to actively support the entire process from decision making via negotiations to the finalization and follow-through of an acquisition or a charter.