Walkers' maritime finance team provides Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Irish and Jersey law advice on the financing of a range of maritime assets and on sale and purchases, restructurings, workouts and enforcements.
- We have a team of specialists drawn mainly from the leading international firms with extensive experience in complex ship, offshore vessel/equipment and yacht finance matters.
- We are familiar with the full range of structures used in ship, offshore and yacht finance and advise on their commercial, onshore tax and securities law implications.
- We apply an innovative and practical approach to ensure that deal structures are fully aligned with our clients’ commercial requirements.
- We offer efficient and cost-effective turnaround of transactional documentation.
Walkers provides expert legal advice to financiers, arrangers, private equity and hedge funds, ship owners and charterers active in the ship and offshore vessel markets on a wide range of matters including in relation to:
- Secured commercial debt and ECA backed financings for the construction and/or purchase of vessels
- The establishment of shipping funds and private equity lending platforms
- Loan portfolio acquisitions
- Off-balance sheet structures for leasing or warehouse deals
- Islamic financing
- Joint ventures
- Capital market products
- Mergers and acquisitions
- Sale and purchase of vessels and/or vessel owning companies
- Shipping restructurings and workouts
- Enforcement and repossession
- Registration of title and security
Walkers' dedicated yacht team through its global network of offices works with a range of financiers, onshore law firms, brokers and managers on yacht deals involving our offshore jurisdictions. We assist on the full life cycle of transaction work including incorporation, local representative services, yacht registration and financing as well as restructuring, enforcement and a range of other matters.
Bermuda Shipping and Maritime Authority
British Virgin Islands Shipping Registry
Cayman Islands Shipping Registry
States of Guernsey Registry of British Ships
Irish Maritime Administration
British Register of Ships in Jersey