Frequently Asked Questions (FAQs)
What is the commission structure for Landrock Vessel in a transaction?
Landrock Vessel applies a 6% commission to the asking price provided by the equipment owner.
Does Landrock Vessel represent the buyer or the seller?
Landrock Vessel acts strictly as a facilitator.
We do not represent either the buyer or the seller as an agent. Our role is to relay information between parties and assist in coordinating negotiations.
Does Landrock Vessel offer lease-purchase options?
Yes. Landrock Vessel is open to discussing lease-purchase arrangements for equipment of interest. An internal credit review form may be issued for evaluation purposes.
Does Landrock Vessel source equipment from across Nigeria?
Yes. We maintain relationships with vessel owners and operators across Nigeria and regional maritime markets.
Can Landrock Vessel assist with relocating equipment?
Yes. Through established towing and marine logistics relationships, we can assist in obtaining cost estimates and coordinating relocation where required.
Does Landrock Vessel source both inland and offshore (blue water) equipment?
Yes. Our team sources inland waterway vessels as well as offshore and ocean-going marine equipment, both locally and internationally.
How extensive is Landrock Vessel’s marketing network?
Landrock Vessel maintains a broad network of marine operators, vessel owners, project managers, and industry contacts. We also engage directly with qualified buyers whose operational needs align with the equipment being marketed.
How do I confirm equipment location and arrange inspection?
Landrock Vessel requires buyer information, including company details and authorized representative information, in order to formally register the buyer with the equipment owner.
Once registration is completed and any non-circumvention considerations are addressed, location details will be released. We can also assist in coordinating inspection visits where necessary.
How can I purchase equipment from another country?
The process remains largely the same. However, where a buyer cannot travel to inspect equipment located abroad, Landrock Vessel can assist by recommending:
Independent third-party inspection services
Independent escrow legal services for secure fund transfers
Delivery providers for self-propelled vessels
Towing companies for non-self-propelled vessels
Can Landrock Vessel assist with financing?
Landrock Vessel may conduct an internal review to explore potential financing assistance, subject to project scope and credit evaluation. We can also refer clients to marine financing institutions where appropriate.