ARTICLE · 26 JANUARY 2022
9 Benefits Of Offshore Maritime Structuring
As part of their international financing structures, Lisa Grant, Director, explains why entities such as banks and asset managers, commercial ship owners, fund managers, commercial ship managers and joint ventures, ...
As part of their international financing
structures, Lisa Grant, Director,
explains why entities such as banks and asset managers, commercial
ship owners, fund managers, commercial ship managers and joint
ventures, often choose to use offshore arrangements for
administering and holding their maritime investments.
There are a number of benefits of holding vessels through
offshore structures. These include:
- Mitigating risk - By using offshore
structures, both costs and risks are ring-fenced. In the event of
any litigation or claim in relation to the vessel, legal ownership
stands alone and in view of the structure, removing the client from
the front line. In addition to protecting the client, offshore
structures also provide protection to the executives and the
offshore owning entities within the structure.
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