It seems that activity is finally on the up in the second hand market. We are on our fifth deal of the year. The legal work associated with these transactions can be handled efficiently and at a relatively low cost but attention to detail is critical. At BDM we offer an MOA review and escrow services to clients. We also ensure that our clients comply with their documentary and regulatory obligations so that problems do not arise. We can also oversee the deletion and registration of the vessel under new flag and sometimes our remit is extended to representing the finance interests.
We offer all the above on a competitive fixed price basis so please get in touch if you need an experienced shipping lawyer to look over your sale or purchase documentation.
