Passenger Cum Cargo Vessel for Sale in India (Scrap Value Opportunity)
India’s maritime industry includes thousands of operational vessels across ferry transport, coastal cargo movement, offshore services, and tourism operations. However, not every vessel on the market is sold as a fully operational craft. In many cases, vessels are offered at scrap value or refurbishment value, presenting a unique opportunity for marine investors, shipyards, and maritime contractors.
These types of vessels often retain valuable marine components such as engines, steel hull structures, propulsion systems, and onboard equipment, even if the vessel itself is no longer fully operational.
For buyers who understand marine asset recovery, refurbishment projects, or steel vessel repurposing, such opportunities can represent significant value compared to new vessel construction costs.
Currently, Marinage has two such vessels available — both passenger and cargo vessels being sold at scrap-value pricing, while still retaining key structural and mechanical components that may be suitable for refurbishment, conversion, or salvage.
Available Passenger & Cargo Vessel for Sale in India
Below are two steel vessels currently listed on Marinage.
Steel Passenger & Cargo Vessel
Type: Passenger / Cargo Transport Vessel
Condition
- Pre-Owned
- Vessel currently non-operational
- Structural steel hull intact
- Engine and multiple marine components still present
- Being offered at scrap-value pricing
Specifications
| Specification | Details |
|---|---|
| Vessel Type | Passenger & Cargo Vessel |
| Hull Material | Marine Grade Steel |
| Construction | Heavy Commercial Vessel |
| Operational Status | Currently Non-Operational |
| Asset Value | Hull, engine, and marine components |
Possible Use
- Vessel refurbishment project
- Marine asset recovery
- Shipbreaking or steel recycling
- Conversion into workboat or cargo vessel
- Spare parts recovery for marine operations
Key Highlights
- Large marine-grade steel hull with salvage value
- Commercial vessel design platform
- Potential value in engine and onboard equipment
- Suitable for shipyards and marine contractors
- Opportunity for refurbishment or component recovery
Owner Terms
- Vessel sold as-is condition
- Price: ₹3 Crore (Negotiable)
- Being offered at scrap-value pricing
- Buyer responsible for inspection before purchase
- Transport and documentation to be arranged by buyer
- Marinage acts as marketplace facilitator
Passenger Cum Cargo Vessel
Type: Passenger / Cargo Vessel
Condition
- Pre-Owned
- Vessel currently not operational
- Steel hull structure remains intact
- Engine and some marine systems present
- Being sold primarily for asset recovery or refurbishment
Specifications
| Specification | Details |
|---|---|
| Vessel Type | Passenger Cum Cargo Vessel |
| Hull Material | Marine Grade Steel |
| Construction | Heavy Steel Vessel |
| Operational Status | Non-Operational |
| Asset Value | Steel hull and mechanical components |
Possible Use
- Passenger ferry refurbishment project
- Cargo vessel conversion
- Marine steel asset recovery
- Shipyard refurbishment investment
- Spare parts recovery for marine operations
Key Highlights
- Heavy marine steel hull construction
- Commercial passenger and cargo vessel design
- Potential refurbishment project for marine operators
- Opportunity for shipyards and marine asset buyers
- Valuable onboard components may still be recoverable
Owner Terms
- Price: ₹3 Crore (Negotiable)
- Vessel sold as-is where-is condition
- Currently non-operational
- Buyer responsible for inspection and due diligence
- Suitable for refurbishment or marine asset recovery
- Marinage facilitates connection between buyer and seller
Why Scrap-Value Vessels Can Be Valuable
Experienced maritime buyers often look for vessels that can be acquired at scrap or distressed asset pricing because they may still contain valuable components such as:
- marine engines
- propulsion systems
- steel hull structures
- navigation equipment
- electrical systems
In many cases, the value of recoverable components or steel alone can represent a significant portion of the acquisition cost.
For shipyards, marine contractors, and refurbishers, such vessels can become profitable refurbishment or asset recovery projects.
Marinage Market Insight
India’s maritime marketplace remains largely fragmented, with many vessel transactions still happening through private broker networks or informal industry contacts.
Marinage aims to bring transparency to this ecosystem by creating a platform where buyers can discover not only operational vessels but also marine assets, refurbishment opportunities, and distressed maritime assets.
These listings are particularly relevant for:
- ship recycling companies
- marine contractors
- shipyards
- maritime investors
- vessel refurbishment specialists
Conclusion
While many buyers search for fully operational boats, others actively look for marine assets offered at scrap-value pricing that still contain valuable components or structural potential.
The two vessels currently listed on Marinage represent such opportunities — suitable for buyers interested in refurbishment projects, marine asset recovery, or steel vessel repurposing.
For experienced maritime operators, opportunities like these can provide significant value compared to acquiring a new vessel or purchasing components individually.
Call To Action
Interested in inspecting these marine assets?
Contact Marinage for vessel enquiries.
Serious buyers can request:
- additional vessel photos
- inspection coordination
- component details
- seller introductions