A Hull law firm with a strong maritime specialism has found a new niche - superyachts.
Andrew Jackson’s shipping and transport team has acted for Turkish law firm AKT Law, on registering a run of luxury vessels under the º£½ÇÊÓƵ flag.
The Istanbul solicitors initially engaged the firm in relation to the preparation of security over a superyacht. Since then a further seven have been registered, ranging in length from 12m to 42m, transferring from the Marshall Islands, Cyprus, and The British Virgin Islands.
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Dominic Ward, head of shipping and transport at Andrew Jackson Solicitors, based by the city's marina, said: “We are delighted to have assisted AKT Law and to act as their trusted º£½ÇÊÓƵ partner on the registration and security of their clients’ yachts onto the º£½ÇÊÓƵ flag.
“We are ideally placed to provide a timely service, particularly as my colleague Rebecca Forder has expertise in the registration process and an excellent working relationship with the º£½ÇÊÓƵ Register, which has developed over many years and numerous transactions involving vessels of all descriptions.â€
The United Nations Convention on the Law of the Sea requires vessels to rest with a flag state, ensuring it falls under regulatory control. It is normal procedure to fly under the flag of the owner’s country.
Rona Kaspi, partner at AKT Law, said: “The team at Andrew Jackson has a fantastic response time and provides us with an excellent service; we know that our clients are in good hands when they wish to transfer vessels to the English flag.â€
