Illeon International is a Canada-based cash buyer specializing in the acquisition of end-of-life vessels for responsible recycling. We work closely with shipowners, shipbrokers and recycling yards across the Indian subcontinent to deliver secure, efficient and transparent transactions from initial negotiation through to final delivery.
Backed by more than two decades of industry experience, our team combines commercial, banking and maritime expertise to manage every stage of the sale and purchase process. We understand that every transaction requires careful planning, timely execution and close coordination between all parties to ensure a smooth, transparent and commercially efficient outcome.
Illeon purchases a wide range of vessel types, including bulk carriers, tankers, container vessels, offshore support vessels, general cargo vessels and other commercial ships that have reached the end of their operational life. Through established relationships with leading recycling yards across the Indian subcontinent, we provide commercially competitive recycling solutions while maintaining a strong focus on regulatory compliance, responsible recycling practices and efficient transaction execution.
Our approach is built on professionalism, transparency and long-term relationships. We recognize that the sale of a vessel for recycling is a significant commercial decision, and we are committed to providing clear communication and dedicated support throughout every stage of the transaction.
At Illeon, our objective is to deliver commercially sound solutions that inspire confidence among shipowners, brokers and recycling partners through professionalism, transparency and reliable execution.