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
Approach voyages and voyage charterparties
In a recent case, the English Court was asked to consider the nature of the obligations on the owners of the vessel on an approach voyage, when the charterparty did not include any ETA dates for the ship for the delivery port, but did include a cancelling date.
Containers – sweating cargo and the defences available to a carrier
A legal dispute concerning a cargo of Columbian green coffee beans, which were carried in 20 unventilated containers to Germany, has made its way up to the Court of Appeal.
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