Merchant Shipping
& Financing
The Bahamas is the world's third largest shipping
registry and clear leader in tonnage of passenger ships.
The firm has acted in the registration and financing of
much of the tonnage presently on the Bahamian Registry.
The Cayman office is also experienced in
registering pleasure yachts and commercial vessels and
has strong links with the Cayman Islands Shipping
Registry Member of the Red Ensign Group of British
Registries and holds a Category 1 status, which
facilitates the registration of vessels of any size or
type provided that quality standards are met.
The firm works
with the leading shipping Firms in London and elsewhere
to provide efficient and cost effective
service to shipping clients. With an awareness of
time pressures which usually accompany these transactions,
the Shipping department is organised to accommodate
these time constraints.
Higgs & Johnson has advised on a variety of matters
involving clients' aviation concerns including
acquisition and registration of aircraft, aircraft
mortgages and the use of corporate structures in
multi-jurisdictional transactions, to facilitate
aircraft leasing and financing consistent with
requirements of Western and Middle Eastern financial
institutions.
Our attorneys are able to counsel
clients in:
• registration of ships and aircraft;
• mortgages of ships, including the preparation
of security documents and deeds of covenant;
• sale or purchase of Bahamian registered ships;
• advice on title of Bahamian registered ships;
and
• advice on aircraft registration and aviation
financing.
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