The Cayman Islands are an attractive choice for ship owners seeking financing for their vessels and for financiers looking for security in relation to their investment due to the well-established, highly experienced and client-focused shipping registry as well as a legal and political system which creates a strong, stable and creditor friendly jurisdiction.
In the latest issue of Marine Money magazine Counsel Barnabas Finnigan explains the 10 Things You Need To Know About Taking Security over a Cayman Islands Flagged Vessel.
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10 Things You Need To Know About Taking Security Over a Cayman Islands Flagged Vessel
This article was originally published in Marine Money magazine.