Special Situations & Asset Protection

When the existing structure has stopped working.

Prime Oceans is engaged where a vessel, transaction or project is at risk, stalled or deadlocked and where the commercial, contractual, financial, technical and operational positions need to be assessed together rather than independently.

Situations may include

  • Stalled acquisitions, disposals or projects
  • Troubled newbuildings and shipyard disputes
  • Vessel detention, payment defaults and commercial claims
  • Shareholder and joint-venture deadlock
  • Distressed or underperforming assets
  • Ownership or financing restructuring

Prime Oceans assesses the situation as a whole and works with the relevant stakeholders and specialist advisers to establish an executable solution.

In selected cases, and where it supports the resolution of the situation, Prime Oceans may participate as principal or co-investor.

Tell us the situation.

Whether it is a transaction, a newbuilding, a chartering or financing issue, a strategic decision or a situation without an obvious solution, contact Prime Oceans directly.

Contact Prime Oceans