|
|
SHIP SALE & PURCHASE/FINANCE
We have an experienced team to advise on all aspects of the sale, purchase and finance of commercial tonnage and luxury yachts and superyachts. We deal with transactions involving market standard forms with amendments.
Our experience covers:
• Arrangement of structures through special purpose vehicles and primary/secondary registrations
• Contract issues for sale and purchase agreements
• Registration and flagging requirements
• Mortgages, assignments, pledges, guarantees and other security-taking arrangements
• Classification, valuation and technical/condition surveys
• Insurance, bank, flag state, pre-purchase survey, MOA, hire-off survey and buyer/seller closing deliverables
• Arrangements for deposit holding/release
• Closing process and mechanics
• Post-delivery chartering, management and supervision
|
