Top 10 of 84 law firms for Maritime Finance, Maritime Law

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Maritime finance covers the funding, security and administration of ship ownership and operation. It includes arranging and documenting facilities to buy, mortgage or refinance vessels, negotiating intercreditor arrangements, and securing lenders through ship mortgages, charges and guarantees. A solicitor drafts facilities agreements, ship mortgages, charterparty finance documents, and related security, reviews risk allocations, and coordinates registration and perfection of security, ensuring compliance with applicable maritime and financial law.

What a solicitor handles in these matters

The transactions involve specific ship finance instruments, registration and perfection of security, and layered creditor rights, making specialist drafting and risk allocation essential. A solicitor ensures the security package remains enforceable, navigates intercreditor arrangements, and handles post-closing perfection and remedies in case of default, all while aligning with maritime practice and applicable statutes.

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