R O C K V I L L E & C O .

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08137774540

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08137774540

Vessel Financing

Since inception, we have actively participated in 200+ vessel financing transactions. We advise top Nigerian financial institutions on financing transactions secured by floating devices and assets. Our involvement spans from the initial stages: from negotiating with shipbuilders, owner-sellers, charge-holder and registries to perfecting the rights over the secured assets.
Rockville & Co. maintains strategic alliances with global law firms in a bid to ensure seamless processes in open ship registry jurisdictions worldwide. In the below transactions, we acted as counselto:
  • Nigerian Bankp class="text-warning"> $19.5 million

    Financing for the purchase of two(2)new tug boats from the wuxi suyang shipyard, China
  • First Bank Nigeria PLC

    $44.2 million

    Secured financing for two(2) 40k GRT Oil Tankers-with changes secured at an offshore ship registry.
  • Union Bank Plc

    $50 million

    Financing the purchase of two tug boats and a Derrick pipelaying Barge. We finalised execution of all security documents.
  • GTBank PLC

    $11 million

    Financing for a Nigerian Shipping Company for the acquisition of a 27,645/12,616 GRT/NRT Greek flagged oil Tanker.
  • Sterling Bank PLC

    $12 miliion

    Co-financing for the acquisition of a pipe laying/accomodation/work Barge.
  • Nigerian Bank

    $7.5 million

    Ship financing transaction for part acquisition of GRT 4999-Panamanian registered oil tanker from Greece.
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