NKD Maritime “NKD” is an UK-based Cash Buying company, servicing recycling clients in India, Pakistan, Turkey and Bangladesh. Established since 2003, NKD has a proven track record and invaluable experience with some of the largest and most respected ship owners in the world. As a result of NKD’s wealth of experience in Green Recycling, they are the leading specialist in environmentally friendly recycling in India.
NKD has an exclusive partnership with Shree Ram Group, Sachdeva Group and Lakshmi Green Ship Recyclers. Their facilities in Alang, West Coast India are renowned for being the best Green Recycling facilities in the Indian subcontinent.
NKD works closely with owners to ensure a safe and professional delivery of vessels. Over the years, they have proven their ability to facilitate prompt payment and maintain full confidentiality on all transactions. This is the reason owners and brokers alike do not look beyond NKD to sell their vessels for recycling purposes.
NKD has developed close links with several owners, including but not limited to :
In 2023, NKD was selected as cashbuyers for tanker Maritime LIRA. NKD sold to a yard compliant with COC of EU SSR.
In 2019, NKD were selected by Transocean as cashbuyer to recycle their first offshore asset “Jack Bates” into India.
In 2018, NKD were selected by MISC as cashbuyer to recycle their first ever offshore asset “FSO Abu” into India.
In 2016, NKD were selected by USA-based Diamond Offshore Co LTD as cashbuyer to recycle their Drill ship “Diamond Clipper” and their Oil Rig “Ocean General”.
In 2015, NKD was exclusively selected to recycle the Mitsui OSK-owned “LNG Aries”, the first Moss-type LNG to be recycled outside China. Their relationship with Mitsui OSK dates back to 2010, when NKD was selected by Mitsui OSK to recycle the 3 Double Hull VLCCs, “Atlantic Liberty”, “Orion Trader” and “Ohminesan”. Since then, NKD has recycled 2 further VLCCs and a Suezmax and remains the only cash buyer to have concluded tanker tonnage with this owner.
NKD has recycled 18 vessels for Mitsui OSK to date.
KIWIRAIL, the New Zealand Government rail company, selected NKD to recycle their RORO ferry “Ararhura”.
NKD has recycled 25 vessels for Stolt Tankers to date.