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Naval Finance

Naval Financing & Ship Mortgages: Security Done Right

Capital is the engine of modern shipping, and the instrument that protects that capital is the ship mortgage. For nearly three decades, Gerli & Co. has drafted and registered naval mortgages — a body of practice and a volume of registrations that are themselves the best evidence of our competence. Banks and financial institutions return to this firm precisely because our work safeguards the rights of mortgagee and mortgagor alike, every time, without exception.

Lender Confidence

Why Banks Prefer Gerli & Co.

Lenders value certainty above all. A mortgage that is defective, mis-recorded or vulnerable to challenge is worse than no security at all. Our maritime finance team drafts instruments that hold up — correctly ranked, properly recorded, and enforceable — and we remain present throughout the life of the facility, from registration to discharge. The Gerli brand on a transaction is a signal to the financing party that the security interest will be honoured.

Scope of Practice

What We Handle

Mortgages. Drafting and registration of preferred / naval ship mortgages in Panama and the Marshall Islands.
Share pledges. Share-pledge agreements over the owning company's shares as collateral.
Legal opinions. Legal opinions for lenders on the validity, ranking and enforceability of security.
Lifecycle. Registration, amendment, assignment and discharge of mortgages, and ranking confirmations.
Closings. Coordination with sale-and-purchase closings so financing and delivery happen in lock-step.
For Owners

For Owners Seeking Capital

Our role is not only to protect lenders; it is to give owners a clean, professional path to finance. By presenting a properly structured, well-documented vessel and owning company, we make the asset financeable — reducing friction, accelerating closings, and helping owners obtain the capital they need to grow their fleets.

Ready When You Are

Structure Your Vessel Financing

Structure Your Vessel Financing