Clyde & Co has advised on the largest ever merger of independent, third party ship management companies; advising Anglo-Eastern Ship Management Group on its global merger with Univan Ship Management Group.
The merged entity is to be known as the Anglo-Eastern Univan Group. With Anglo-Eastern having already placed in the top three global ship management companies, the merger has created an industry leader with over 1,700 shore-based staff, 24,000 seafarers, 600 ships under full management, and 100 ships under crew management only.
Clyde & Co's corporate and commercial team in Hong Kong led the transaction, with support from offices in other key jurisdictions, including Singapore and India. Clyde & Co has one of the world's foremost marine sector legal practices, with a network of 39 offices in key trading hubs across 6 continents.
The transaction was headed by corporate...