WHAT WE DO / BUSINESS & FINANCE / FINANCE / SHIP FINANCE
"This firm maintains a strong reputation for its expert knowledge of the shipping industry. The team "understands the commercial nuances" of transactions due to its strong relationships with shipowners and other main players in the area." Chambers & Partners, 2012
"Ince & Co strikes a ‘good balance between experience and cost’, and advises a varied mix of banks, shipyards and owners" Legal 500, 2011
“Syndicated loan arrangements, offshore refinancings, tanker newbuild construction deals, and debt and equity and lease financing all feature in the group’s workload …” Chambers & Partners, 2009
Ince & Co’s team of specialist ship finance lawyers are involved in all aspects of asset financing for clients in the shipping and offshore oil and gas industries globally advising a diverse range of international clients including banks, owners and operators.
Our advice to clients covers the spectrum of non-contentious shipping work including ship finance and leasing transactions, corporate structures for ship ownership and joint ventures, complex structured and syndicated financings, ship sale and purchase, ship construction, ship and mortgage registration and work-outs on defaulting loans and new buildings.
Our expertise extends to conventional ships, offshore drilling and production units and other specialist vessels.
The economic recession has had a significant impact on ship financing and we have been actively involved in advising banks and owners in relation to the restructuring of existing financings.
Our finance lawyers work closely alongside our casualty, corporate and specialist insurance teams to evaluate the whole range of risks and advise on strategies to minimise exposure on transactions.
CASE STUDY: Financing For LNG Vessels
CASE STUDY: Islamic Shipping Fund Safeena