Maritime
Yamakoğlu & İşgören is one of the few law firms in Turkey which provides full range of legal services related with maritime and shipping-related legal matters. Our main client portfolio includes ship owners, charterers, underwriters.
Our maritime law practice covers the following points:
- Sale and transfer ownership of the vessels and the registry of the vessel.
- Escrow services for the sale
- Contracts of carriage and charter parties
- Marine insurance and reinsurance
- Cargo carriage claims, disputes and litigations
- Commercial/contractual claims (including charter parties); bill of lading disputes
- Collision cases, salvage matters
We have experience in all aspects of sale and purchase of vessels and specifically acting as escrow agents in the sale transactions in order to facilitate the sale of vessels. The escrow mechanism provides opportunity to the parties of the sale of vessel to make the price transfers in a more secure way by keeping the payment hold in our accounts as the escrow agent until the completion of all formalities of the sale. We shall proceed to the performance of all the necessary arrangements to hold assets in escrow and disburse them only when the ownership of the vessels is transferred to the buyer at the closing.