Arias, Fábrega & Fábrega represented DVB Bank America N.V in connection with a US$38.4 million loan facility granted to the Panamanian incorporated company Linford Trading Inc., to purchase the acquisition of two (2) supply vessels of Panamanian registry "Up Agate" and "Up Coral", through its shipowning subsidiaries Leeward Shipping Inc. and Jura Shipping Inc. 

The financing was secured by, among other security, pledges over Linford Trading Inc., Leeward Shipping Inc. and  Jura Shipping Inc. In addition, first Panamanian naval mortgage were granted over each of "Up Agate" and "Up Coral".

The firm actively paricipated in the overall transaction, ensuring all corporate and maritime legal matters were duly covered in connection with the financing and the security interest being created.