"Stephenson Harwood Advises StraitNZ on Successful Sale of MV Strait Feronia to Pan Marine"

"Stephenson Harwood (Singapore) Alliance has advised StraitNZ on the sale of its ro-pax ferry, MV Strait Feronia, to Egyptian shipping company Pan Marine. The complex transaction involved deregistering the vessel from New Zealand and re-flagging it under Panama. This sale is part of StraitNZ's strategy to modernize its fleet, which now includes two newer ferries, MV Connemara and MV Livia. The legal team was led by Partner Pedram Norton and Associate Jonathan Simpson."

On 16 October 2025, law firm Stephenson Harwood (Singapore) Alliance advised StraitNZ in the sale of its ro-pax ferry, MV Strait Feronia, to Egyptian shipping conglomerate Pan Marine. The transaction involved several complex elements, including the unwinding of an existing security package, the deregistration of the vessel from the New Zealand ship registry, and the re-flagging of the vessel under the Panama flag on the same day. This required the Stephenson Harwood team to coordinate with ship registries and correspondent counsel across multiple jurisdictions. The legal team from Stephenson Harwood was led by Singapore-based Partner Pedram Norton, with support from Associate Jonathan Simpson.

"Stephenson Harwood Advises StraitNZ on Successful Sale of MV Strait Feronia to Pan Marine"

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