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

implications of brexit logistics shipping
14
Feb
2017

LA Marine is hosting a joint seminar with Coleman Insurance Brokers on 22 February 2017 from 16.00 at their office in Bournemouth; “The Implications of Brexit on your Import and Export Business”.

Discharging cargo without production of Bills of Lading
6
Feb
2017

In Oldendorff GmbH & Co KG v. Sea powerful II Special Maritime Enterprises (The “Zagora”) [2016] EWHC 3212, the Commercial Court considered where liability lay arising from the discharge of cargo to a nominated agent without the production of bills of lading.

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