Our work covers legal review of the vessel’s status and documentation, as well as coordination of technical survey where the condition of the vessel is relevant to the transaction. Where needed, we can involve a master mariner from our team to support the technical assessment of the vessel.
Why it matters
Vessel transactions require more than a review of the sale documentation alone. Proper due diligence helps identify legal, regulatory and practical issues that may affect ownership, registration, financing, use of the vessel or the overall security of the transaction. We advise clients on vessel due diligence with a focus on identifying material risks early and supporting informed commercial decisions.
Our work covers legal review of the vessel’s status and documentation, as well as coordination of technical survey where the condition of the vessel is relevant to the transaction. Where needed, we can involve a master mariner from our team to support the technical assessment of the vessel.
We assist with:
- review of title, ownership and registration status;
- identification of mortgages, liens, encumbrances and other registered or apparent burdens;
- review of corporate authority, transaction documents and key supporting records;
- assessment of legal and transactional risks affecting the acquisition, financing or use of the vessel;
- review of compliance-related and documentary issues relevant to the transaction;
- coordination of technical survey of the vessel where required;
- combined legal and practical assessment of issues affecting the transaction structure;
- support in addressing identified issues through contractual protections, conditions precedent or related transaction mechanisms.
We act for:
- buyers, investors, financiers, shipowners and other parties involved in vessel acquisitions, financing and related transactions.
