Mandrescu Mihai

JPC Shipping

JPC Shipping is leading ship cash-buyer. We provide ships for demolition purpose to ship breakers (recyclers). Currently we only provide our services to India ship recycling yard. Cash-buyer plays important role in bridging gap between ship owner and ship-breaker. A "CASH BUYER" as the name suggests, is an entity that purchases a vessel for "Cash" and delivers it to a recycling yard for the purpose of recycling. Broadly speaking, business functions performed by a CASH BUYER include sales (selling), financing (taking title of the vessel against payment), market evaluation (forecasting future prices, demand/supply factors and other relevant business-specific issues) and risk management (underwriting market, operational, currency, demand/supply, and other risks).