Our clients are always exploring new and creative alternative methods of financing for their vessel acquisitions. We have helped many shipowners in this region
Our non-contentious shipping transactions including ship finance and leasing transactions, corporate structures for ship ownership and joint ventures, complex structured financings, ship sale and purchase, ship construction, ship and securities including mortgage registration.
The structure of ship finance consists of three layers: (1) senior loan (2) mezzanine finance or junior loan and (3) equity.
Some of our expertise are:
- debt and equity financing
- pre- and post-delivery financing of newbuildings
- sale and purchase
- flagging issues
- commercial, technical or management and agency agreements
- joint venture agreements and special projects
- formation or acquisition of shipping companies.
- private and alternative investments in shipping companies
Private Investments in the Shipping sector
For many years international banks were the main source of ship finance. This is no longer the case.
Currently, there appears to be a gap in the supply of available capital to the shipping industry, and that has created an opportunity for non-traditional capital sources. Shipping companies are increasingly exploring alternative financing options, and our firm has successfully advised shipowners to apply many alternative financing models to their benefit.
With the client's confidence in our counsel, the firm has also created and successfully implemented new types of finance structures.
We advise shipowners to access funds available from private investors through the use of joint ownership venture, finance lease, or structured financing transactions where investors can take junior and subordinate positions.
Private investors can either participate through equity or lend money directly to shipping companies. We have acted for private investors seeking the opportunity to:
- equity investment opportunities in the maritime sector.
- provide debt to the shipping space through fixed income structures.
- Representing the purchasers of a 70 percent ownership interest in two new vessels financed by a bank group secured loan to be repaid from revenue provided by time charters of the two vessels for use by a Saudi oil producer.
- Providing counsel to a shipping company renegotiating and restructuring a co-ownership joint venture with individual private investors.