Arm yourself and your team with the knowledge to make the right decisions in the sale or purchase of ships or other maritime assets. With markets poised for AfCFTA shipping, a new seaport and refinery in Lagos, deregulated petroleum products supply under the Petroleum Industry Act, and disbursement of the Cabotage Vessel Financing Fund, it is good business to be prepared. An understanding of risks, options, procedures and implications attendant to acquisition or disposal of maritime assets is essential. Get insights on the following crucial posers:
- What are the key features and stages of a ship sale/purchase transaction?
- What risk management steps are relevant to the ship sale/purchase transaction?
- What considerations should inform edits to the standard Nipponsale form?
- What is the nature of a ship mortgage and how can it be secured?
- What should be done when a ship finance loan is going (or has gone) bad?
- What is the role of the flag in the loan or sale/purchase transaction?
- How does the court intervene to enforce the ship mortgage?
- What constitutes a forced sale and how does it apply to the transaction?
- What compliance issues are implicated when the ship being sold/purchased is intended for Cabotage/Nigerian Content operations?
- What are the implications of the AfCFTA to regional and continental ship acquisition landscapes?
Join a specialist faculty led by Dr. Emeka Akabogu Esq. at the Masterclass on Ship Acquisition and Maritime Finance to get answers and more. The Masterclass will hold from 11th – 12th April 2023 at the Lagos Oriental Hotel Lekki Lagos.
For enquiries and consultation on ship sale/purchase or issues arising from sea carriage, ports, freight, marine services and international trade, contact us.
,