Debt Recovery 3C

Marine Finance

If you’re looking for help with marine finance our experienced lawyers can offer you the expert legal advice on every aspect of this specialist area.

How we can help

We have an in-depth understanding of all areas of marine finance, and have the knowledge to deal with any issues that arise including:

  • Loan agreements and other facility documents
  • Security documentation, including registered and unregistered mortgages, deeds of covenant, personal guarantees, debentures, assignments of insurance and of the rights under build contracts
  • Events of default, including what constitutes default
  • Enforcement of security, including action to take possession of the vessel and managing the process in other jurisdictions through a comprehensive network of foreign correspondent lawyers
  • Recovery of any shortfall following the realisation of the asset (vessel)

So, whether you’re entering into a marine loan facility, securing a loan against a vessel, or dealing with a default we can guide you through the legalities and give you confidence in your investment.

Latest News & Blogs

Cargo Claims and the Application of the NYPE Inter-Club Agreement
Aug
2017

In a recent London arbitration the tribunal had the opportunity to review the apportionment between owners and charterers for damages caused by sweaty cargo.

Discharging Cargo against Electronic PIN Codes
Jul
2017

In a recent case, the Court of Appeal has considered discharge of cargo against PIN Codes and whether the provision of PIN Codes amounted to “delivery” of cargo, or a “Delivery Order”.

Our Shipping & Yachting specialists

Sign up to our newsletters - receive updates on our latest legal topics and news