Reviews & Ratings for the Rolls-I

In a groundbreaking maritime transaction, the 'Cape Beira' has officially changed hands in a fully remote sale, now taking on the name 'Rolls I' under new ownership from Monaco. This sale marks a historic milestone as the first ship to be sold via e-closing, with all negotiations conducted seamlessly through video conferencing. In a collaborative effort, various companies, banking institutions, and legal teams connected through Zoom, engaging in marathon discussions that facilitated the real-time exchange of all necessary documentation, including guarantees and payment confirmations. The acquisition was finalized in Gibraltar by Sea World Management of Monte Carlo, with their Managing Director Roberto Corvetta at the helm. Following the purchase, the tanker has been chartered for a year with an option to extend for another, focusing its operations primarily in the Mediterranean and Northern European regions. Supporting the successful transaction were ship financing lawyers Marco Manzone from the Dardani law firm in Genoa, representing the buyer, and the Allen & Gledill firm from Singapore. The tanker is currently en route from Conakry to Marsaxlokk, with an estimated arrival on May 11, 2020.