Seward & Kissel LLP, a leading law firm in advising on a broad range of maritime financing and capital markets transactions, represented New York headquartered Norvic Shipping Group, a global operator of drybulk vessels in connection with a $42.5M Revolving Credit Facility. Norvic Shipping is a provider of freight and logistical services to transport dry bulk commodities around the world, with subsidiaries and operations in the U.S., UAE, Singapore, India, Canada, China, Denmark and Brazil, among other jurisdictions, and received a revolving credit facility from a syndicate of US Banks.
The Seward & Kissel team was led by Mike Timpone and Sophia Agathis.