Skip to content




Delivering cash buying solutions to the global shipping and offshore industries.

The cash buying industry is changing and the role of the cash buyer is driven by ongoing environmental changes and long-term sustainability.

ISHIPS are an established Group – dealing with some of the  largest ship recycling facilities in the world. ISHIPS are market leaders when it comes to recycling both ships and offshore units.

ISHIPS was established  with a vision to become the leading recycling operation for both ships and offshore units worldwide. We draw inspiration from the foundations already laid in India in 1999 and demand continued growth and success to provide all round service to our clients.

The expansion of our business and continued growth as a cash buyer compliments our intention to be world leaders in this field, underpinned by our extensive access to facilities and expertise.

Negotiated Annually
1 +
Worth USD
$ 1 M
Planned Purchase 2023
$ 0 M


Next Generation of Cash Buying Solutions

We have an experienced team, who understand the demands of owners and the ever changing environmental regulations affecting this industry.

We have the financial resources not only to do the biggest deals, but also to do multiple deals and successfully deliver on these projects at any one time.

Our objective is to provide solutions to owners with a high level of customer service.

IShips have access to established recycling facilities across the Indian Sub-Continent and Turkey and are in partnership with  some of the best HKC Green Recycling yards in the industry

IShips provide an important distribution function for the global shipping and offshore industries. We have the financial resources to purchase ships and offshore units on both AS-IS Where is and Delivered basis.

IShip Maritime Cash Buyer Ships and Offshore Units

Alang India

Gadani Pakistan

Chattogram Bangladesh

Aliaga Turkey


Ship Recycling Experience

Over twenty years of recycling experience.

Established Recycling Facilities

Access to established yards/recycling facilities across the Indian Sub-Continent.

Owner and Operator

Vast experience not only as a cash buyer but also an owner and operator of ships and off shore units

Financial Strength

Financial strength and depth, that far exceeds the majority of our competitors in this marketplace.

Team of Skilled Professionals

A team of highly skilled, experienced professionals in the corporate, financial and technical aspects of the industry.

Green Recycling

Access to HKC compliant class Approved facilities

ISO certified
EU regulated


We provide solutions for owners and deal with your concerns

We understand the ever changing environment that we operate in. Understanding recycling is a challenge faced by many owners and ISHIPS provides service and facilities to fulfil current and future global standards and demands.

ISHIPS are looking for long term partnerships with owners and operators to fulfil a critical service for the industry as a whole and address your concerns.

Concerns around non-performance of contracts and delayed delivery to the recycling facility.

Forced to deal with multiple yard owners and being forced to manage multiple buyer relations.

Uncertainty around the options open to owners and the stress of navigating towards the optimal solution.

Unfamiliarity with complex contractual questions and evolving industry norms.

The reputational risk associated with the responsible disposal of ships and offshore units.

Lack of in-house expertise to resolve these issues in a way that mitigates risk.


Imran Malek

CEO & Founder

CEO & Founder of ISHIPS. Mr Malek is a highly experienced individual in the ship recycling sector with a passion to make changes to meet the demands of the shipping industry. He has significant background knowledge and extensive experience both as a Buyer (recycler), Owner, Seller, and Principle. 

Business is conducted with some of the biggest ship owners in the world including many stock listed companies providing professional services in the ship recycling space. Significant investment has been made into the group which has excellent support from both Banks and the international community. He proposes to continue to make changes to the way we safely recycle vessels to become the lead in this marketplace.

Steve Wansell

Sale & Purchase

Experienced individual in the Ship Recycling sector having significant background knowledge and extensive experience both as a lender and principle in the industry. He is a specialist in handling sale and purchase of both vessels and offshore units through the international ship-broking market, with key broker owner contacts across the globe in regards to sourcing tonnage.  Steve has a lifetime of experiences in this marketplace and will be one of the few who has such in depth knowledge from an all-round perspective. His in-depth knowledge of the industry makes me the ideal person to provide insight and analysis into key industry trends and to offer an insiders view of the future

Capt. Peer Muhammed


Peer heads the technical team for the group and has over 20 years of sea going and technical experience. He is a highly skilled Superintendent that specialises in ships and offshore units for recycling. He has an excellent marine background having served on Containers, Bulk, Car carriers, Oil Tankers, Multi- purpose and General cargo vessels with reputed owners.

He has developed a high level of commercial awareness with the aim to have incident free operations on board. Peer has the ability to find solutions to challenging situations even when working in remote locations. He possesses an excellent rounded working knowledge of various shipboard systems and is able to fine tune them to meet requirements of PSC, vessel trading patterns and respective owners.

Peer and his team undertake all related Pre-purchase inspections worldwide for the group.


Experienced in Participating in Joint Ventures

Apart from our core business of recycling ships and offshore units, ISHIPS has owned and operated over 30 further trading ships. With our knowledge and expertise across all areas of maritime transportation, we are in a position to put in place partnerships with owners. ISHIPS places great emphasis on cooperating and working with business partners that promote high standards and good business practice in line with our own values. This puts us in position to participate in a wide range of projects through a JV structure.


Any questions, please complete the form below or give us a call to get a comprehensive quotation for your ship and offshore units .
Get in touch

London / United Kingdom Office

About us

Global Buyer of Ships and Offshore Units for Recycling

Where to find us

Registered Office: Office 10, 1st Floor, Shams, Sharjah, UAE

Corporate Office: Suite 620, Level 6, Block B, Business Village, Near Deira Clock Tower, Port Saeed ,Dubai, UAE