Ship and offshore finance

Accommodation rig

Assisting an U.S. incorporated investment fund with the amendment of a post-delivery loan facility made in relation to the acquisition of an offshore accommodation rig.

US$100 million tanker fleet refinancing

Representing the lead arranger in the refinancing of a fleet of aframax tankers ultimately owned by a Southeast Asian investment corporation and on long-term charters to an international oil major.

Loan facilities / deliveries

Acting for different shipowners in relation to security release, amendment of loan facilities or loan administrative matters as well as newbuilding deliveries

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Banks and banking

VLOC refinancing

Acting for a syndicate of Korean banks in the context of the refinancing of three Very Large Ore Carriers (VLOCs) on long-term charter to an international commodities conglomerate. 

US$28.8 million refinancing facility

Representing a Hong Kong based lender in relation to a refinancing and the reflagging of four bulk carriers.

Scrubber-fitted newbuildings

Advising a European bank in relation to the post-delivery financing and delivery of four specialised, scrubber-fitted bulk carriers. The mandate included a review of the ship building contracts, the scrubber purchase and installation contracts as well as necessary arrangements under the finance documentation.