Arias, Fábrega & Fábrega acted as Panamanian counsel to Summit Ridge Capital Partners and Panorama Capital Partners, in a US$94 million financing to Compagnie Maritime Monegasque (CMM), secured by three (3) offshore platform supply vessels flagged in Panama.

ARIFA's expertise in maritime financing was crucial in navigating the complexities of this deal, providing Summit Ridge and Panorama with the confidence that the transaction adheres to all applicable regulations and best practices, and that the security interest of the lenders over the offshore platform supply vessels were duly perfected under Panama law.

This financing is a pivotal step for CMM in restructuring its shareholder composition and expanding its fleet with innovative ethanol-powered Platform Supply Vessels in Brazil. This move not only emphasizes CMM's commitment to sustainable maritime operations but also positions the company as a leader in eco-friendly initiatives within the industry.