Shipping

Our office has a distinctive expertise in the shipping sector. We have been instructed several times to act for ship owners and their financing banks in connection with legal aspects of shipbuilding contracts and ship deliveries. We have also dealt with legal aspects of the financing of shipbuilding operations, including with regard to loan agreements and related security documents. We have participated in multiple crude oil tankers delivery procedures.

We advised for example ship owner LMZ Transoil Shipping Enterprises in two subsequent vessel acquisitions from Daewoo Mangalia Heavy Industries shipyard in total value of € 60 million under a syndicated loan of ABN Amro Bank N.V. and Emporiki Bank. We acted both times together with Piraeus office of Norton Rose (worked closely with financing banks in connection with ship title, ship pledge, title and export clearance, delivery procedure etc.). Our experience also includes assistance of European Bank for Reconstruction and Development on €25 million revolving refund guarantee and working capital facility to the Romania based shipyard Daewoo Mangalia Heavy Industries (including due diligence work regarding the shipyard). We also advised in connection with €30 million loan agreement from Hamburgische Landesbank-Girozentrale to Jumbo Navigation N.V. for the construction of ships by Damen Shipyards Cargo Vessels B.V. of Netherland at Galati shipyard (including work related to shipbuilding contract, ship title and pledges etc.). Our previous experience also includes assistance of Romanian ship owner Navrom in connection with vessel arrests in various harbors.

 

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Roman | Partners advised media and entertainment developer in $20 million agreement with The Walt Disney Company

Roman | Partners undertook legal work for a United Arab Emirates based company in connection with separate cross-border acquisitions from the USA, UK and China of heavy and sensitive equipment for outdoor advertising, including on terms and conditions of shipment and warranty

Roman | Partners advised a Danish transport and logistics company and its insurer on Romanian road transportation law, tort, contractual responsibility and insurance issues, including on aspects related to Geneva CMR Convention on the Contract for the International Carriage of Goods by Road. The firm has acted together with Danish law firm Birch Windahl

Roman | Partners advised Singapore ship owner / operator Oscar Shipping Pte Ltd / JSK Singapore Pte Limited on Romanian maritime law aspects. The firm acted together with Singapore office of UK law firm Hill Dickinson LLP

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