Today's global shipping industry is as volatile as the sea itself. Trade volumes decline in the wake of tough economic times and demand spikes from a confluence of global forces. In this environment, you need a partner who can help you navigate uncertainty with proven experience and fresh ideas.

Whether you're a global bank, ship operator or equity investor, Dentons works closely with you to creatively overcome obstacles and identify opportunities. Steeped in industry knowledge and equipped with the skill to succeed when the stakes are highest, we understand your perspective and share your passion.

Collaborate with us to navigate the full spectrum of marine and ship financing options, from the straightforward to high value, cross-border transactions. Structure multivessel financings and securitizations with a team not just well-versed in complex transactions, but also aware of what makes your needs unique. Lease a fleet with an insightful partner you trust. Develop bespoke debt and equity structures for Islamic financing with an advisor who opens your business to the world and whose world is your business. Work with us to maximize your recoveries and protect your interests when restructuring or enforcement becomes an imperative.

Insights

Light at the end of the tunnel – A case study of a successful restructuring

October 3, 2022

Singapore: In his opening remarks at the SICC INSOL seminar on debt restructuring in the Asia-Pacific held on 22 September 2022, Second Minister for Law Edwin Tong SC cited the court sanctioned schemes of arrangement of Singapore-listed Pacific Radiance group as an example of the Singapore insolvency framework facilitating successful outcomes. This article is a case study of a debt restructuring success story, and the long journey that we walked with our client.

Sanctions – how can financiers of yachts and private jets stay ahead of the game?

July 14, 2022

Following Russia's invasion of Ukraine in February 2022, global sanctions lists have expanded dramatically and additions are being made regularly. New sanctions have taken aim not only at Russia's war machine, but also those closely connected to the Kremlin, Russia's central bank and Russia's broader economy. Some sanctions and export restrictions go so far as to target persons "connected with" Russia or equipment operating in or from Russia. The immediate impact of these sanctions upon oligarchs' private yachts and jets is well publicised, with images of seized yachts and jets splashed across the press.

No oral modification clauses: Perspectives from Singapore

October 19, 2021

Singapore: No oral modification clauses (NOM clauses) are a common feature of commercial contracts. They seek to invalidate modifications to a contract unless they are made in writing. An enlarged five-judge coram of Singapore’s highest court (the Court of Appeal (SGCA)) has recently considered the vexed question of whether NOM clauses should be strictly applied. This update examines the SGCA’s decision and provides key takeaways.

View all insights for Ship and Marine Finance

News and Events

Recent Press Releases

Dentons advises syndicate of financiers on a landmark Shari'a-compliant syndicated ship financing for the construction of three new state-of-the-art VLGCs

March 28, 2024

United Arab Emirates: Dentons has acted as legal counsel to the syndicate of financiers on a landmark Shari'a-compliant syndicated ship financing totalling US$235 million for an Al Seer Marine and BGN joint venture, ABGC. The financing marks the second tranche of a larger syndicated financing totalling US$370 million for the delivery of five dual-fuel-efficient vessels in total. 

Dentons advises on innovative ship finance deal

May 13, 2022

Dentons has advised Abu Dhabi Islamic Bank as the arrangers on a US$135 million Islamic pre- and post-delivery financing for a joint venture company incorporated by Al Seer Marine Supplies and Equipment Company PJSC and BGN INT DMCC.

Dentons advises on one of the largest ship finance deals

May 27, 2015

Dentons has advised on a US$550 million conventional and Islamic multi-tranche facility to Dubai-based oilfield services firm Topaz Energy and Marine, completed on 30 April 2015.