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Home > Services > Shipping & Transport > Ship Finance

Ship Finance

The ship finance team has unique experience to offer lenders to shipping companies.

We have acted in the funding of construction and sale or purchase of over 50 vessels in the last three years, across a dozen different jurisdictions. Boasting this wealth of ship owner experience, we understand the relevant issues from the borrower's perspective, in addition to providing individual lending institutions and syndicates with a first rate securities package.

Our team drafts and negotiates all ship finance documents relating to vessels in all leading jurisdictions. Our network of close contacts with local agents means we can co-ordinate the registration of vessels and ship mortgages worldwide.

Our knowledge of the practical issues and the security concerns of a lender, together with a close understanding of the ship owner's requirements, we believe sets our team apart. We can offer a dedicated and specialist professional service, combining shipping expertise and banking principles in a way which traditional banking lawyers cannot match. Closely linked to the successful result is our ability to co-ordinate and manage the registration of the vessel and the essential fixed securities that the lender requires.

We advise financiers upon obtaining the most appropriate security at every stage of the construction of newbuild vessels, or the completion of a sale and purchase transaction anywhere in the world.

Highlights:

  • Advising in connection with a $72m loan facility for purchase of four vessels dual registered in the Cayman Islands and Republic of Azerbaijan
  • Advising clients in relation to $50m Islamic finance facility in relation to the construction of eight newbuildings intended for operation in the North Caspian Sea
Contact details:

Edinburgh
Edward Watt Tel: 0131 222 9843 Email: EWatt@hbj-gw.com
James Lowe Tel: 0131 222 9841 Email: JLowe@hbj-gw.com
Alan Shanks Tel: 0131 222 9805 Email: AShanks@hbj-gw.com
 
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