The ZouZou – If the owner’s marine insurers decline cover for a total loss, will the lender’s mortgagee’s interest insurance policy come to the rescue?
The development and use of energy saving technology (EST) in ships is likely to play a significant part in the transition towards sustainability. However, the installation and financing of EST on ships may present several challenges, particularly with existing ship financiers.
English High Court confirms that banks can enforce security by relying on breach of loan to value ratio covenant in ship finance agreement.
This briefing examines recent IMO guidance relating to delays of ship deliveries due to COVID-19.
In this article we discuss the recent case of Begum (on behalf of Mollah) v Maran (UK) Limited and the potential implications for the entire industry regarding ongoing liability in relation to ship recycling.
This briefing will discuss the potential effect of the COVID-19 crisis on borrowers and lenders and their English law loan facilities.
Frontline used the proceeds to fund the acquisition of the ten vessels from Trafigura Maritime Logistics.
Read to find out about the potential challenges in relation to the financing of retrofitted scrubbers on an asset finance basis.
In the second of a seven-part series on the application of US sanctions to the shipping community, this article focuses on the comprehensive sanctions regimes against Iran, Syria and North Korea.
In this article, we examine recent steps taken by the Government of India to pave the way for lessors to set up operations in the country.