GANADO Advocates Concludes Deal on the Sale of m.v. Amber 1

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GANADO Advocates has been actively involved in the conclusion of a deal concerning the sale of the Vessel Amber 1 to a Latin American buyer. The closing meeting and final negotiations were hosted at GANADO Advocates’ offices in Valletta and involved three days of intensive meetings.

The transaction was concluded successfully on the 20th of January 2016, in the presence of representatives from the buyer’s and seller’s side, who came to Malta specifically for the signing from Chile and Poland respectively. The physical delivery of the vessel took place in the Port of Augusta Sicily.