Penningtons Manches Cooper has assisted high-speed ferry operator Condor Ferries in the latest stage of its fleet renewal programme with the sale of the high-speed catamaran Condor Rapide to Spanish operator Trasmapi and chartering of the new Condor Voyager from affiliate operator Brittany Ferries.
Members of Penningtons Manches Cooper’s passenger shipping team, led by partners James Severn and Grant Eldred and associate Ellis van der Vos, advised Condor on the sale and delivery of the Condor Rapide, which will now be operated in the Balearic Islands under the name INCAT 045 following her previous years of service in the Channel Islands. Despite the ongoing disruption resulting from the coronavirus pandemic and constantly changing government travel guidance, the sale completed successfully in July.
Condor’s services between the UK and the Channel Islands will now be conducted on the Condor Voyager and Condor Liberation, following the completion of charter arrangements between Condor and its minority shareholder, French operator Brittany Ferries.
The vessels will now be used to operate high-speed voyages connecting the UK and Channel Islands, with each capable of carrying hundreds of passengers and vehicles.
Grant Eldred, James Severn and Ellis van der Vos assisted Condor in connection with the charter terms, arrangements with financiers and in respect of Athens Convention implications arising from the charters.