Post by Admiralty News

Stefanos Roulakis, the founder of Scholasticus Law who has acted on transactions for other shipping companies, said that large owners typically do “several layers of due diligence”. “There are several layers to this: sanctions risks, as well as track record of the buyer and the intended use. As a seller you have to ask, ‘Who is buying my ship? What do they intend to do with it?’” https://lnkd.in/ec-xJg_6