Jet Cat introduced in 1991
International Broking Services.
International Broking Services Pty Ltd (IBS) was founded in 1974 as a general commercial marine brokerage. In 1993 the company elected to develop fast ferry sales and charters as its core business whilst retaining involvement in the patrol boat and workboat areas of the industry.
Ferry sales and charters are now conducted through the company and associates worldwide and IBS is frequently called on to provide advice on market value of vessels for owners, buyers, and financial institutions. The company has now become recognised as the world’s leading fast ferry sales and advisory agency.
A memorable moment within in our business was the purchase and sale of the Sydney Ferries Jet Cats. The purchase by IBS was purely speculative after bidding in two tenders, finally gaining success after eight months when a second tender was called.
It is well over eighteen months since the three Sydney Ferries Jet Cats departed from Sydney Harbour where they operated between Circular Quay and Manly for eighteen years.
The Sea Eagle slipped out of Sydney Harbour at 4am on 19th September 2009 for Port Kembla where she was loaded aboard the Cape Delgardo bound for Korea. The Blue Fin and Sir David Martin did likewise in the early morning of 15th October 2009, to be loaded aboard the Cape Darnley for Cebu, Philippines. A quiet departure after years of high iconic visibility.
The Sea Eagle operated on a local route in Busan after a refit at a local shipyard, while the other two sisters operated on local island routes from Cebu after interior passenger seating additions were made to the upper decks.
When we consider the ease by which these vessels were loaded aboard the carrier ships by way of lifting lugs we cannot understand why lugs are not incorporated in the design of all aluminium ferries, it would certainly avoid many loading mishaps with resulting hull damage from incorrectly located lifting straps.
Today, the ex “Sea Eagle” has changed hands from the Korean owner and is now based in Kazakhstan.
After leaving Australian shores as the “Sea Eagle” she became known as “Arcadia” in Korea and was renamed to “CM Jet 5” when it last changed hands. The Korean Registry of Shipping Class was replaced with Bureau Veritas
Both “Sir David Martin” and “Blue Fin”, now known as “Supercat 38” and “Supercat 39” respectively, continue to operate in the Philippines with SuperCat Fast Ferry Corporation. Both vessels are in current IACS Class (Lloyd’s).
The Supercat group is one of Asia’s largest operators and IBS have had around 14 ferry sales with them over the past 20 years.
To learn more about IBS please visit our website.