Commercial shipping

  • Sale & purchase

Sale and purchase of a ship encompasses numerous legal and practical challenges and with careful planning and execution, our team at Michael Kyprianou & Co. LLC we assure a smooth completion. Our expert team can deal with the contractual framework of the sale and purchase of the vessel, by negotiating all the related terms carefully drafting the respective clauses and coordinating the procedure from A-Z.

  • Flag registrations and transfers

At Michael Kyprianou & Co. LLC, our team ensures a smooth flag registration of commercial vessels for our clients, whether it is a first registration or transfer of flag, by taking the lead in the proceedings and executing all documentation and processes involved for effecting the registration. Due to the bureaucracy involved in the registration of a vessel, we aim to build a strong relationship with our clients by being by their side from the beginning to effective completion.

Another advantage in such proceeding, is that our international network of offices and associate representatives, allows us to serve our clients at various time zones, as well as register vessels in numerous jurisdictions, accommodating our clients’ best interests.

  • Charterparties

Our specialist industry knowledge enables us to provide clients with the swiftest, most-effective solution to disputes arising from charterparties or/and advise them on the drafting and negotiation of such agreements. Moreover, our team, having an invaluable core industry perspective, is in a position to anticipate any potential problem that may arise in the foreseeable future and take preventative steps by drafting respective clauses.

  • International transactional work

Our expert team is formed by lawyers with thorough experience and in-depth knowledge on the broader scope of transactional work in the shipping market, across the globe. Our services include ship finance loan and lease transactions, shipping industry taxation issues, maritime commercial disputes, cross-border asset recovery, corporate maritime transactions and much more. Having a grasp understanding of how this industry works, we provide our clients with commercially focused advice, aiming to facilitate them in respect of any issue related to international transactional work.

  • Sanctions

In a world where political tensions are using sanction and trade war policies as a negotiating tool, it is vital to ensure that your legal strategy is adequate to adapt and swiftly respond to operational disturbances. At Michael Kyprianou & Co. LLC, our expert team provides comprehensive sanction screening, advises our clients on how to be prepared and resolves any issues/disputes related to the impact of regulations imposed by Governmental bodies and international associations.

Our team assists clients in developing sanction resilient legal strategies, providing professional legal advice on sanction’s regimes, while additionally, we advise on payment issues occurring in relation to sanctions, as well as draft suitable contractual provisions and policies in this respect.