Terms & Conditions
Effective Date: 23 September 2025
Last Updated: 12 February 2026
These Terms govern the use of the website www.master-ocean.com, the Master Ocean mobile application, and all services provided by Master Ocean Ltd.
These Terms constitute a public offer in accordance with applicable law.
By using the platform, the user confirms their agreement with these Terms and accepts them in full.
1. Company Information
1.1 Company name: Master Ocean Ltd.
1.2 The Company is registered in England and Wales.
1.3 Registered office address:
71–75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ.
1.4 Email: info@master-ocean.com
1.5 The Company operates internationally across Europe, the USA, the Middle East, Asia, and other regions worldwide.
2. Platform and Digital Services
2.1 The Company’s services are provided through the official website www.master-ocean.com, the Master Ocean mobile application, and other digital channels operated by the Company.
2.2 The mobile application and website form part of a unified digital infrastructure of Master Ocean and function as an integrated platform for the provision of services, listing of offers, and transaction support.
2.3 Access to certain platform features may require registration, identity verification, and compliance with the Company’s internal procedures.
2.4 All digital services, tools, and functionalities are governed by these Terms and any additional agreements, where applicable.
2.5 The Company reserves the right to upgrade, modify, expand, or restrict platform functionality in order to develop the platform, enhance security, and improve service quality.
2.6 Use of the platform constitutes acceptance of the current version of the Terms and the Company’s internal regulations.
3. Services Provided
3.1 The Company provides international brokerage, transaction support, and deal structuring services within the maritime sector.
3.2 The Company operates in the international market in accordance with professional industry standards, ensuring confidentiality and protection of clients’ interests.
3.3 The Company may support cross-border transactions, including matters related to vessel registration, change of flag, international settlements, and interaction with relevant jurisdictions.
3.4 The Company provides sale and transaction support services for the following categories of vessels:
3.4.1 motor yachts;
3.4.2 sailing yachts;
3.4.3 catamarans;
3.4.4 motor catamarans;
3.4.5 power yachts;
3.4.6 electric vessels;
3.4.7 hybrid vessels;
3.4.8 high-speed vessels;
3.4.9 luxury yachts;
3.4.10 recreational boats;
3.4.11 tenders and auxiliary vessels;
3.4.12 inflatable boats;
3.4.13 composite vessels;
3.4.14 commercial vessels;
3.4.15 new vessels;
3.4.16 pre-owned vessels.
3.5 The Company provides vessel charter services with or without crew.
3.6 The Company provides technical and commercial vessel management services.
3.7 The Company organizes events on board vessels.
3.8 The Company implements maritime investment projects.
3.9 The Company cooperates with professional brokers, shipyards, vessel owners, and other market participants on a contractual basis.
3.10 The Company ensures confidentiality of commercial information in accordance with concluded agreements and internal standards.
4. Vessel Verification Prior to Listing
4.1 Prior to being listed on the platform, each vessel undergoes an internal preliminary review in accordance with the Company’s standards.
4.2 The verification process may include:
4.2.1 review of registration and title documents;
4.2.2 confirmation of ownership and seller authority;
4.2.3 review of the vessel’s legal status;
4.2.4 analysis of technical documentation provided;
4.2.5 assessment of ownership and operational history where available.
4.3 A vessel may be listed only upon completion of internal review and confirmation of compliance with established requirements.
4.4 The Company reserves the right to refuse listing in the event of inconsistencies, incomplete information, or elevated risk.
4.5 Upon the buyer’s request, the Company may arrange an independent technical survey, inspection, or valuation by accredited specialists.
4.6 The final decision to purchase a vessel is made by the buyer, taking into account the results of conducted reviews and signed contractual terms.
5. Role of the Company
5.1 The Company acts as a professional broker, intermediary, and transaction coordinator in the sale, charter, management, and leasing of vessels.
5.2 The Company searches for and selects vessels in accordance with the client’s request, including market analysis, evaluation of available offers, and preparation of recommendations.
5.3 Prior to arranging a transaction, the Company conducts a preliminary vessel review, which may include:
5.3.1 review of registration data;
5.3.2 ownership verification;
5.3.3 review of legal status;
5.3.4 evaluation of provided technical documentation;
5.3.5 coordination of inspections and independent surveys upon client request.
5.4 The Company organizes and coordinates negotiations between the parties, agreement of terms, preparation of contractual documentation, and coordination of settlements.
5.5 The sale and purchase agreement or other transaction agreement is concluded directly between the parties unless otherwise expressly provided in a separate agreement.
5.6 The Company provides organizational, administrative, and legal transaction support within the scope of its undertaken obligations.
6. Cooperation
6.1 Cooperation with Master Ocean Ltd is possible only after an official request to the Company’s administration and preliminary agreement of the terms of cooperation.
6.2 Potential partners, brokers, representatives, agents, franchisees, and other persons are subject to document verification, reputation assessment, and compliance review in accordance with the Company’s internal standards.
6.3 Official cooperation becomes effective only after signing a written agreement, partnership agreement, or other legally executed document.
6.4 Prior to signing such agreement, a person is not entitled to:
6.4.1 represent the interests of the Company;
6.4.2 use the Master Ocean brand, logo, or business reputation;
6.4.3 publish information on behalf of the Company;
6.4.4 attract clients or conduct negotiations on behalf of the Company.
6.5 Any use of the Master Ocean brand, name, or intellectual property without a signed agreement and written authorization is prohibited and may result in legal consequences.
6.6 The Company reserves the right to refuse cooperation without providing reasons, within the limits of applicable law.
7. Client Verification and Financial Control
7.1 The Company applies identification and financial control procedures in accordance with international KYC and AML standards, as well as applicable legal requirements.
7.2 All transaction participants are subject to mandatory verification, including buyers, sellers, investors, partners, representatives, and ultimate beneficial owners.
7.3 The verification procedure may include:
7.3.1 confirmation of identity and legal capacity;
7.3.2 verification of corporate structure and ultimate beneficial ownership;
7.3.3 confirmation of the source of funds;
7.3.4 assessment of financial and reputational risks;
7.3.5 screening against international sanctions lists.
7.4 The Company reserves the right to request additional documents and information as part of risk assessment and legal compliance.
7.5 The Company may suspend, restrict, or refuse to proceed with a transaction in the event of inconsistencies, elevated risk levels, or insufficient documentation.
7.6 Transactions shall not be conducted without completion of KYC and AML procedures.
8. Financial Control and Transaction Monitoring
8.1 The Company conducts financial transaction reviews to ensure compliance with legal requirements and internal security standards.
8.2 As part of financial control, the Company analyzes the transaction structure, participants, and nature of settlements.
8.3 The Company may request documents and information confirming the legitimacy of the transaction and the origin of funds.
8.4 Where necessary, the Company may suspend a transaction until completion of the review process.
8.5 The Company reserves the right to refuse transaction support in cases of:
8.5.1 incomplete or inaccurate information;
8.5.2 absence of supporting documentation;
8.5.3 identification of significant risks or inconsistencies.
8.6 Transactions may proceed only upon compliance with established verification procedures.
9. Insurance
9.1 As part of transaction support, the Company may arrange insurance coverage through licensed insurance providers operating in accordance with applicable law.
9.2 Insurance support may include:
9.2.1 hull insurance;
9.2.2 third-party liability insurance;
9.2.3 operational risk insurance;
9.2.4 investment participation insurance;
9.2.5 other types of coverage depending on the transaction structure.
9.3 The terms of insurance, scope of coverage, insured amount, and coverage period are defined in a separate insurance agreement between the client and the insurance provider.
9.4 The Company coordinates the insurance process within the framework of transaction support; however, insurance obligations arise directly between the client and the insurance company.
9.5 The availability of insurance coverage depends on the specific transaction terms and is agreed separately by the parties.
10. Payments and Settlements
10.1 Transaction payments shall be made through bank accounts, specialized settlement mechanisms, or other agreed financial instruments in accordance with the terms of the agreement.
10.2 By agreement of the parties, settlements may be conducted using escrow accounts, settlement agents, or other secure payment structures.
10.3 The Company coordinates settlement procedures and ensures transparency of financial operations within the scope of its contractual obligations.
10.4 All payments shall be made in the currency agreed by the parties, in compliance with applicable law and banking regulations.
10.5 Taxes, registration fees, duties, and other mandatory payments shall be allocated between the parties in accordance with signed agreements.
10.6 The Company does not hold or store client funds unless expressly provided in a separate written agreement.
11. Liability of the Company and the Parties
11.1 The Company acts in good faith and professionally in accordance with applicable law, providing transaction support within the scope of its undertaken obligations.
11.2 The Company’s liability is determined by the terms of concluded agreements and applies to the quality and accuracy of services rendered.
11.3 The Company is responsible only for actions carried out directly by it within the framework of a signed agreement.
11.4 The transaction parties bear independent responsibility for the accuracy of information provided, fulfillment of their obligations, and compliance with signed agreements.
11.5 The Company shall not be liable for actions or omissions of third parties involved in a transaction, unless otherwise expressly provided in a separate agreement.
11.6 Any disputes shall be resolved through negotiations with the aim of protecting the legitimate interests of both parties.
12. Third-Party Services
12.1 In the course of providing services, the Company may engage and cooperate with professional brokers, shipyards, technical experts, surveyors, banks, insurance companies, legal advisors, service providers, and other specialized market participants.
12.2 The involvement of third parties is intended to ensure comprehensive and professional transaction support, enhance service quality, and protect the interests of the parties.
12.3 Cooperation with third parties is carried out on a contractual basis and in accordance with applicable law.
12.4 The Company coordinates interactions between the parties and engaged specialists within the scope of its obligations; however, third parties operate independently.
12.5 Third parties bear responsibility for their services within the limits of their contractual obligations.
12.6 Where third parties are involved, the terms of their participation are communicated to the client within the framework of transaction support.
13. Vessel Leasing
13.1 The Company may arrange vessel leasing in accordance with applicable law.
13.2 Leasing terms are determined by a separate agreement between the parties.
13.3 Leasing transactions may involve financial institutions and insurance companies.
13.4 Leasing structures may include phased payments, transfer of ownership, and other conditions agreed by the parties.
13.5 All leasing transactions are subject to KYC and AML verification procedures.
14. Governing Law
14.1 These Terms are governed by the laws of England and Wales.
14.2 Any disputes arising in connection with the use of the Company’s services shall be considered in accordance with the laws of England and Wales.
14.3 The parties shall seek to resolve any disputes through negotiations and constructive cooperation.
15. Contact Information
15.1 Company name: Master Ocean Ltd
15.2 Registered office: 71–75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ
15.3 Email: info@master-ocean.com
15.4 Official website: www.master-ocean.com