Ship Sale and Purchase
Somap has been trading in Ship, Sale and Purchase since 1995. This has been the core business of the company since establishment. Over last 20 years, it has delivered more than 900 ships for ship breaking to countries like India, Bangladesh and Pakistan.
A commodity market is a market that trades in primary economic sector rather than manufactured products.
Soft commodities are agricultural products such as wheat, coffee, cocoa and sugar. Hard commodities are mined, such as gold and oil.Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered.
Somap is a company whose main business is holding securities for investment purposes. Somap invest money on behalf of their clients who, in turn, share in the profits and losses.