Myton Law assists boat builder on contracts for vessels worth more than £5 million

Myton Law assists boat builder on contracts for vessels worth more than £5 million

Hull-based Myton Law has acted for Whitby boat builder Parkol Marine Engineering to negotiate build contracts, worth more than £5 million in total, for two new vessels just launched for sea trials.

Members of Parkol Marine Engineering’s 80-strong team launched the 200-ton, twin-rig trawler Reliance III at Whitby Harbour on 4 September. The trawler is destined for Banffshire where it will work netting prawns and white fish.

The 260-ton Havara (pictured) was launched at Middlesbrough on 10 September. A salmon feed support vessel, it will eventually head for the Shetland Islands.

Specialist shipping, rail and logistics law firm Myton Law has written and negotiated boat build contracts for Parkol Marine Engineering for a number of years.

Shipping lawyer John Habergham said: “Parkol is widely recognised as one of the leading boat builders in this sector in the UK and Myton Law is proud to advise the highly regarded Parkol team. After working on the contract detail for these two vessels, it is exciting to see them take to the water.”

Director Sally Atkinson, who is Parkol Marine Engineering’s project manager, said “It is always a pleasure to work with John and his team. We have completed numerous contracts together, some of which have been very challenging. We have always been able to rely on Myton Law to provide a professional service and to have our best interests at heart.”

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Mark Dugdale

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