29 Oct 2025

"Stephenson Harwood Facilitates Historic Vessel Sales from Hellenic Dry Bulk Ventures to Bangladesh Shipping Corporation"

"Stephenson Harwood LLP has advised Hellenic Dry Bulk Ventures LLC on the sale of two bulk carrier vessels to Bangladesh Shipping Corporation (BSC). This marks BSC's first self-funded vessel acquisition, enhancing its fleet and operational independence as it continues to expand in the global shipping industry. The transaction is significant for both companies, with BSC achieving record profits and advancing its fleet growth plan. The deal was facilitated by a team from Stephenson Harwood, led by Ian Mace."

On 29 October 2025, law firm Stephenson Harwood LLP advised Hellenic Dry Bulk Ventures LLC in the sales of two bulk carrier vessels to Bangladesh Shipping Corporation (BSC). This transaction marks a significant milestone for BSC as it represents the first self-funded acquisition of vessels in the corporation's history, enhancing its fleet and supporting its expansion in the global shipping industry. The vessels, each with a capacity of 63,500 deadweight tonnes, will contribute to BSC's ongoing growth, particularly as the corporation reports record profits. The Stephenson Harwood team was led by Ian Mace, Partner and Global Head of Maritime, Trade and Offshore Finance, alongside Partner Emma Nowell and Associates Hannah Marriott and George Lawrence.
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