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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

Are-shipowners-liable-for-their-employees-wrongful-and-reckless-acts
Jan
2018

The English courts have had to consider whether the owners of the Lady M were liable for the wrongful or reckless act of their employee in the context of a cargo claim, brought by cargo owners (Glencore).

The impact of GDPR in the Shipping Industry
Jan
2018

From May 2018, the General Data Protection Regulation “GDPR” will come into effect for the purpose of harmonizing national data protection laws across the EU states.

Our Shipping & Yachting specialists

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