SHIPPING & LOGISTICS

Shipping and logistics issues account for a significant proportion of AKT’s activity. The team has an exceptional track record.

AKT has market-leading experience in sales and purchasing transactions of ships and yachts. This enables the team to anticipate and identify any possible risks, from the initial term sheet and negotiation stage through the completion of the transaction. In addition, each AKT member is dedicated to find personalised and pragmatic solutions for concluding transactions by protecting the interests of all concerned parties. The scope of work generally includes:

• Drafting and negotiating the contracts of sale and purchase of ships and yachts
• Ship and yacht registrations
• Drafting loan agreements and security documents
• Providing legal opinions
• Drafting agreements regarding design, building, conversion, and repair of vessels
• Attending closings.

AKT has extensive experience in handling dry and wet shipping matters in both domestic and international jurisdictions. AKT provides advice and counsel on a wide range of matters including:

• Ship arrests
• Cargo claims 
• Casualties
• Charter-party disputes
• Marine insurance
• Shipbuilding disputes
• Third party liability claims for personal injury and property damage

AKT also provides legal assistance to insurance companies, freight forwarders, and commodities traders relating to corporate, commercial, and regulatory issues, including air and road transport chain of responsibility.