Dede’s Law and Business Series:

Roles, responsibilities of main parties to a syndicated loan for financing vessel purchase, operations (2)

Roles, responsibilities of main parties to a syndicated loan for financing vessel purchase, operations (2)

By Foluke Akinmoladun The term sheet details the amount of the loan, repayment schedule, interest rate, duration of the loan and…
Roles, responsibilities of main parties to a syndicated loan for financing vessel purchase, operations (1)

Roles, responsibilities of main parties to a syndicated loan for financing vessel purchase, operations (1)

By Foluke Akinmoladun Syndicated loans became a feature in shipping finance because it became harder and harder for single lenders…
A brief comparison on liner ship and tramp ship operations (2)

A brief comparison on liner ship and tramp ship operations (2)

By Foluke Akinmoladun The main differences between Liner and Tramp could be noted in the type of contract of carriage…
A brief comparison on liner ship and tramp ship operations (1)

A brief comparison on liner ship and tramp ship operations (1)

By Foluke Akinmoladun In the engagement of vessels for the carriage of cargo, be it dry bulk cargo, liquid bulk…
Equity Financing in Funding Shipping Activities-A Focus On Private Placements (2)

Equity Financing in Funding Shipping Activities-A Focus On Private Placements (2)

By Foluke Akinmoladun Private placements are typically “buy-and-hold,”-long term investments so the shipping company would benefit from having a long-term…
Equity Financing in Funding Shipping Activities- A Focus On Private Placements (1)

Equity Financing in Funding Shipping Activities- A Focus On Private Placements (1)

By Foluke Akinmoladun Equity by definition refers to the interest holding in monetary terms, of an investor in a company’s…
Liner trade in maritime business

Liner trade in maritime business

By Foluke Akinmoladun In the engagement of vessels for the carriage of cargo, be it dry bulk cargo, liquid bulk…
Tramp Services in maritime business

Tramp Services in maritime business

By Foluke Akinmoladun A Tramp Service or tramper, on the other hand, is a ship that has no fixed routing…
The Very Large Crude Carrier and the factors that lead to its development(2)

The Very Large Crude Carrier and the factors that lead to its development(2)

By Foluke Akinmoladun The VLCC can also ply between the Arabian Gulf and various ports around the Indian Ocean and…
The Very Large Crude Carrier and the factors that lead to its development (1)

The Very Large Crude Carrier and the factors that lead to its development (1)

By Foluke Aknmoladun The development of oil tankers in general started with the movement of oil from the place of…
To proceed in an action in rem and action in personam- which way oh claimant? (2)

To proceed in an action in rem and action in personam- which way oh claimant? (2)

By Foluke Akinmoladun In Nigeria, a common law jurisdiction, the “relevant person” is defined by Section 25 of the Admiralty…
To proceed in an action in rem and action in personam- which way oh claimant? (1)

To proceed in an action in rem and action in personam- which way oh claimant? (1)

By Foluke Akinmoladun In the establishment of a maritime claim, a claimant must first be sure that the claim is…
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