Asset Protection & Recovery
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Fairwind has specialised for over 27 years in assisting Banks and Financial Institutions initially, in the reconstruction of their troubled loans, followed by utilising their Loan Agreements to provide protection of their assets, up to and including the location and recovery of the asset in the event of a continuing uncooperative Borrower.
In these regards:
- Fairwind can arrange inspections of the assets to verify the condition and thus likely value of them
- Further with the large number of ships that Fairwind has had arrested, they have considerable experience of the relative advantages of different jurisdictions.
- Fairwind can recommend and set up Ownership structures to bid for ships at Auction to protect the value of the mortgage
- Following acquisition of the ship, Fairwind can provide as full Owner, all its operations (Technical and Commercial) including the sale of the unit when deemed appropriate
For more information view Fairwind Shipping's website
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