WHAT WE DO?

In order to meet requirements of our clients, Abaco’s professional and confidential services encompass a complete spectrum of legal and consultancy services relating to shipping industry.

We are specialized in the following types of services:

Marine Insurance Claims

Having in-depth knowledge of claims and insurance theory and practices, with great success and efficiency we represent our clients in court and out of court legal recourse for insurance compensation. We are also acting as external advisors to a number of the world’s largest marine insurers and reinsurers.

Ship Arrest & Release

We have pioneered ship arrests in Montenegro and have been actively using ships arrest warrants to secure claims raised against ship owners/managers. Our clients can also appreciate the utmost best practice of ship release or prevention from arrest.

Consulting and legal services in the Yachting sector

In recent years, Montenegro has become a glamorous yachting destination. The firm also has top expertise in delivering commercially focused legal advice on all yacht related matters

Maritime Dispute Resolution

Since 1990, we have provided legal assistance by representing a large number of foreign and national ship owning corporations, marine creditors and insurance companies before the Montenegrin courts of law, using our wealth of experience and proactive approach in settling maritime disputes.

Ship & Yacht Registration

Our team has expertise in advising on matters regarding the ship & yacht registrations under the Montenegrin flag. Our services include but are not limited to new vessel registration, change of ownership registration, changes of vessel name, mortgage registration, mortgage release registration, renewals, obtaining of Transcript of Registry.

P&I claims (Cargo claims, Personal Injury & Crew Claims)

We have gained extensive experience in P&I claims handling, acting as correspondents for some of the biggest members of the International Group of Protection & Indemnity Clubs. We are also instructed by various P&I Clubs or their members for claims related activity and mostly for cargo claims, ship repair yards and marine ports in Montenegro for claims incidental to that activity.
Over the past few years, with great success we have provided our comprehensive legal services to seafarers by handling their claims against ship owners/operators and their liability insurers.

Ship & Yacht Sale & Purchase

We regularly advise and represent our clients in ship sale and purchase transactions.
We have also acted for banks and borrowers as well in ship financing transactions.
Our experience in advising on such transactions ranges from simple pleasure boats to common commercial sea-going vessels and superyachts and even vessels and structures in the shipbuilding industry such as floating docks. Furthermore, the firm has dealt with a range of transactions concerning port and shipping assets