Silent World - another successful sale managed

Dawson & Associates were privileged to act to for the buyer of the SY Sweet Caroline, now renamed Silent World. The sale closed in Bimini, Bahamas earlier this month. The vessel is currently being lifted by SevenStar to Malta, to commence her new life as a Mediterranean charter vessel based out of Croatia under the Maltese flag. 

Thanks to Ben Croucher at Ahoy Club for his tireless efforts in bringing the sale to a close. We also acknowledge Tom Blampied of Citadel Insurance, who was able to place full insurance coverage for the vessel with very short lead time. Finally, a shout out to Anthony Galea of AG Advisory in Malta for his invaluable input on flag and commercial registration of the vessel on the Maltese flag.

If you have any questions about buying or selling a vessel, the importation duty and sales tax implications, ownership structures, registration, or anything else to do with a vessel transaction, or want advice on a transaction you are considering entering into, please contact Peter Dawson by email peter@maritimelaw.co.nz; phone +64 27 229 9624 or Troy Stade by email troy@maritimelaw.co.nz; phone +64 27 368 6730.