Ship Registration and Finance

Paralelaw is recognized for representing the world’s most prestigious shipping companies and leading maritime financing institutions. We regularly advise clients on financing transactions, including drafting corporate resolutions for Panamanian companies, preparing and registering security documentation in accordance with Panamanian law, assisting in transaction closings, providing legal opinions on the capacity of Panamanian entities to execute contracts and grant security, and ensuring enforceability of such guarantees under Panamanian law. Additionally, we assist with the registration and recording of ship mortgages.

Our expertise extends beyond vessel financing to include the financing of platforms registered in Panama, offering comprehensive services in all areas of maritime financing. We represent clients in the registration and recording of ship mortgages, ensuring that all legal aspects are handled in accordance with applicable local and international regulations.

We serve as registered agents in Panama for a vast number of vessels flying the Panamanian flag. With a global network of offices in London, Hong Kong, and Panama, and a highly specialized team, we facilitate the registration of ships and mortgages for clients worldwide. Over the years, we have played a key role in modernizing Panama’s maritime laws, actively participating in drafting legislation on ship registration and financing.

In addition to our expertise in ship registration and financing, we represent port operators and assist in negotiating port concessions, acquiring maritime companies, and operating businesses that provide maritime services in free zones.