Ship Finance Law

Scope of the Course

This Unique Course aims at familiarizing the attendees with the core legal issues arising in bank ship finance.

It is a Specialized offering created from a seasoned practitioner in the subject.

Many insights and industry standards are covered in the course, not to be found in regular textbooks or other introductory courses.

Although it cannot exclude the need for expert legal advice in cases of out-of-the-ordinary issues, the course accommodates the need for understanding core legal aspects of shipping finance.

Taking into account that understanding law entails understanding notions, it is a demanding course that starts with explaining fundamental legal concepts and then evolves to examine where such concepts become part of the bank financing of a shipping business.  Legal terminology acquaintance also runs through the whole course.

The Course is Addressed to:

  • Shipping market practitioners whether or not they are directly engaged in chartering practice.
  • Students with career interests in the shipping industry and particularly in the fields of chartering and ship operation.

Course Outcomes

After Course completion, the participants will be able to:

  • Understand fundamental legal concepts that arise in bank ship finance.
  • Pinpoint the most crucial terms to be negotiated with a bank offering ship finance.
  • Get assured that what has been agreed with the bank is accurately reflected in loan and security documentation.
  • Familiarize with the procedure of selling and purchasing ships when a mortgagee bank is involved.

Course Structure

Module 1: GENERAL OVERVIEW
  • Applicable Laws
  • Bank Ship Finance Fundamental Concepts from a Legal Perspective
  • Fields of Negotiation from a Legal Perspective
Module 2: NEGOTIATION AND AGREEMENT OF A SHIPPING LOAN FROM A LEGAL PERSPECTIVE
  • Termsheet: Terms & Conditions
  • Commitment Letter: Terms & Conditions
  • Loan Agreement: Terms & Conditions
  • Security Documents: Ship Mortgages, Guarantees & Other Securities
  • Fields of Dispute
Module 3: THE SHIP’S LEGAL DELIVERY “CLOSING”
  • Drawdown of the Loan
  • Duties & Liabilities of the Parties
Module 4: REMEDIAL ACTION MANAGEMENT FROM A LEGAL PERSPECTIVE
  • Events of Default
  • Bank’s Alternative Courses of Remedial Action
  • Loan Restructuring
  • Enforcement of Collaterals
  • Private Sale vs. Judicial Sale of a Vessel
  • Case studies available for all modules

Course Instructor

Dr. Katerina Athanasiou, LL.M., is a lawyer with multi-year ongoing professional experience in the Maritime Industry. She has been working for 23 years as an in-house lawyer for a major Greek bank’s shipping division.  She has negotiated and drafted hundreds of loan and security documentation for ship finance, attended many S&P deliveries around the world, as well as engaged in large-scale litigation for NPLs.  She holds a Ph.D. in Banking Law from the University of Bristol in UK, and has also worked as a course instructor for Shipping Law in the BCA College and Metropolitan College.

Delivered Fully Online

View your course from any device online, at your own pace and time frame

Online Exams

Receive your Successful Attendance Certificate by completing your evaluation exam, when ready

Instructor Always Available

Your course instructor will always reply to your queries within 48 hours

Early Adopter Benefits

Receive discount on your first course and additional discount on any other course you purchase in the future

High Quality Videos

High Quality educational videos with unparalleled functionality and content

Join the Community

Create your free membership account and connect with other Industry practitioners of our Community

Hello
Review your order and billing details here
Email address: [email protected]

Have A Promotional Code?

Billing details

Your Products

Product
Quantity
Price
Ship Finance Law (#12107)
789.00 591.75

Your order

Product Total
Ship Finance Law  × 1 789.00
Subtotal 789.00
Total 789.00

Your personal data will be used to process your order, support your experience throughout this website, and for other purposes described in our privacy policy.

Loading...

Processing Order...

Please wait while we process your payment...

Please wait while we redirect you...