SERVICES - Asset Protection

There are times when it becomes necessary for vessel creditors to intervene and take direct control of their shipping industry assets and when this occurs Sunscot is ready to help.

Sunscot's staff has extensive experience in assisting leading international and regional banks and other financial institutions in handling arrangements for return of ship assets to creditors. We work with attorneys, courts and government port authorities to arrange swift and efficient arrest of vessels, which is followed by full protection of creditor assets through arrangements for competent interim vessel management during the period the ship is under arrest. We then further assist our clients by working with all concerned parties to obtain the highest possible price at the vessel's eventual sale, thus ensuring maximum benefit for the creditor.

Shipping financers are invited to contact us at any time for a private and confidential discussion as to how Sunscot can assist your organization to ensure asset protection for your shipping portfolio.