The Corporate team at Coffin Mew has advised Stamford Maritime Limited in connection with its appointment as strategic and market adviser to Guernsey domiciled, Nimrod Sea Assets Limited.

Nimrod Sea Assets is an investment company with the objective of acquiring interests in special purpose holding companies which own, operate and charter marine assets supporting the offshore oil and gas industry.

Simultaneous with the appointment of Stamford Maritime, $130,000,000 of shares in Nimrod Sea Assets were placed by Nimrod Capital LLP, and the shares subsequently admitted to trading on the Specialist Fund Market of the London Stock Exchange.

Legal advice on the transaction was provided to Stamford Maritime by Richard Swain of Coffin Mew, who is based at the firm’s Southampton office.