Norton Rose Fulbright advises on the financing of three container ship giants; largest in world

Global legal practice Norton Rose Fulbright has advised Minsheng Financial Leasing Co., Ltd on the financing and leasing of three 19,224 TEU container vessels. These “mega box carriers” are the largest container ships in the world.

The size of one 19,224 TEU carrier is equivalent to 4 combined football fields.

Delivery of the first vessel took place on 19 August 2015 in Okpo, Korea, with all parties present.

Jonathan Silver, partner, Norton Rose Fulbright commented:

“This was one of the most challenging but rewarding deals we’ve done. The transaction involved a very complex asset and lease finance structure. Multiple parties worked together to ensure that the vessel was delivered smoothly and on schedule against a very tight deadline.”

The Norton Rose Fulbright team was led by Hong Kong partner Jonathan Silver assisted by senior associate Rachel Wong and paralegals Edwin Lo and Maggie Wang.

For further information please contact:

Agnese Rone, Marketing and Communications Executive, Asia
Tel: +852 3405 2445
agnese.rone@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global legal practice. We provide the world’s pre-eminent corporations and financial institutions with a full business law service. We have more than 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.