Transportation: Shipping/Maritime: Finance
USA Guide 2024 : USA - Nationwide
Band 2
Contact number
+1 212 509 9400About
Provided by Cozen O'Connor
Cozen O’Connor’s Maritime Corporate and Finance attorneys represent foreign and domestic vessel owners, offshore energy rig owners, maritime-related investors, and financial institutions in complex cross-border and domestic transactions. We assist owners of all types of vessels engaged in the maritime trades and work with banks, private equity funds, individual investors, and other lending institutions whose portfolios include foreign and/or domestic maritime-related assets.
Our practice covers traditional asset-backed ship finance, leasing transactions and other custom-tailored financings valued in the billions of dollars. We help clients raise capital through private lending institutions, the issuance of publicly traded debt and securities, private placement of government guaranteed loans, and secured and unsecured debt obligations.
We advise clients on the Maritime Administration Title XI Loan Guarantee Program, Maritime Security Program, Capital Construction Fund, U.S. cargo preference programs, Export-Import Bank lending, and all relevant maritime regulations, including the Jones Act, dredging, fisheries, other cabotage laws, U.S. build requirements, and environmental protection laws. We have significant experience negotiating and drafting contracts with shipyards and other vendors engaged in vessel construction. We also frequently serve as special counsel in mergers and acquisitions that involve maritime-related assets.
Chambers Review
Cozen O'Connor is a strong group noted for advising vessel owners and operators, as well as financial institutions and investors, on a host of shipping finance issues. The firm regularly acts on issues involving leasing transactions, credit facilities, maritime M&A and restructuring. The team boasts US flag shipping expertise, including guaranteed loans and Jones Act issues. The firm is further noted for competencies in Marshall Islands and Liberian law.
Work Highlights
- Cozen O'Connor represented Easterly Tankers Holders and its Marshall Islands subsidiaries in connection with a senior secured loan of up to $75 million provided by Macquarie Bank.
Strengths
Provided by Chambers
"Cozen O'Connors' team always provides very fast responses."
"The firm has a wide range of industry experts."
"Cozen O'Connors' team always provides very fast responses."
"The firm has a wide range of industry experts."
Notable Practitioners
Geoffrey Ferrer handles shipping finance matters for a range of owner, operator and financial institution clients.
"Geoffrey is a wonderful practitioner."
"He is smart, reliable and easy to work with."