Maritime: shipbuilding, sale and purchase, and financing of vessels

Studio Dardani has specific experience in the fields of shipbuilding, sale and purchase of vessels and the necessary financing instruments.

We support our customers in all of the various phases of these operations, from the definition of the contractual structure to the negotiations, from the care taken over fulfilment and documentation to processing and implementation.

In particular, we routinely assist our clients (major shipowners, shipyards and financial backers) in the following operations:

  • Construction of vessel (either by free negotiation or by means of contractual standard forms such as NEWBUILDCON, SAJ, AWES or others)
  • Sale of vessel (either by free negotiation or by means of contractual standard forms such as NSF 1993, NSF 2012, NIPPONSALE 1999 or other forms)
  • The sale and purchase of yachts and their construction
  • Constitution of a suitable corporate structure through a financial vehicle corporation and relative holding company
  • Registration of the vessel or the yacht according to the flag requested
  • Management of payments of advances and related guarantees
  • Closing and performance of contracts
  • Ship mortgage
  • Financing through loan and guarantee system
  • Corporate financing by the formation of joint ventures
  • Leasing and bareboat chartering of a vessel
  • Taxation of individual transactions

Thanks to our experience in litigation, Studio Dardani also assists its clients in any dispute arising in relation to shipbuilding, purchase and sale of a vessel, or its financing.

 

BUILDING OF SIX BULK CARRIERS IN CHINA

Assistance to a ship-owning group based in Cyprus for the building and financing of 6 bulk carriers at a shipyard in China: drafting and negotiation of shipbuilding contracts, delivery, constitution of the corporate group by means of the constitution of a vehicle company, financing through a bank loan and related guarantees

SPANISH TAX LEASE FOR THE BUILDING OF SIX CHEMICAL TANKERS

Assistance to an Italian shipowner for the building and financing, through the instrument of the Spanish tax lease, of 6 product carriers at a shipyard in Galicia: Drafting and negotiation of shipbuilding con-tracts, delivery, financing through chain leasing and bareboat contracts with the gradual transfer of ownership of the vessels

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EXPANSION AND RENOVATION OF A FLEET

Assistance to a primary Italian shipowner for the modernisation of the whole fleet through the acquisition of new units: drafting and negotiation of contracts of sale and purchase, and of shipbuilding contracts in Romania, Turkey and Korea, closing, delivery, financing by forming ad hoc financial structures, loan agreements and related guarantees

JOINT VENTURE FOR THE PURCHASE OF FIVE CHEMICAL TANKERS

Assistance to a Panamanian shipowner for the creation of a joint venture with a North American fund for the purchase of 5 chemical tankers: drafting and negotiating of the joint venture contract, constitution of the corporate group by means of the constitution of a vehicle company, financing through bank loan and related guarantees. Drafting and negotiation of contracts of sale and purchase and participation in each closing of contract

PURCHASE OF A CHEMICAL TANKER THROUGH A 'KS' FINANCIAL STRUCTURE

Assistance to an Italian shipowner for the purchase of a chemical tanker through 'KS' financing structure: negotiation of contracts for purchase, for resale to the vehicle company, for lease back under bareboat charter, closing, linked contracts and guarantees. Registration of the vessel under the Italian flag

DISPOSAL OF WHOLE FLEET AS PART OF RESTRUCTURING PLANS

Assistance to an Italian shipping company for the disposal of the whole fleet as part of the debt re-structuring plan with the banks: negotiation of contracts of sale, closing, cancellation from the Italian ship register