Baker & McKenzie advised Costa Crociere S.p.A. on a time charter of its Grand Holiday cruise ship to Rosmorport, a Russian state-owned company responsible for the development of Russian marine transport.
The cruise ship will be used as a floating hotel during the 2014 Winter Olympics in Sochi. The 12-deck liner, built in 1986, will offer 726 four-star rooms to spectators and temporary staff. The vessel is to be moored in the cargo area of the Sochi seaport. The advice given to Costa Crociere S.p.A included assistance with preparation for participation in the tender and finalizing the charter agreement.
The Baker & McKenzie team was led by Moscow partners Sergei Voitishkin, Andrei Afanasiev and Arseny Seidov with key input from associates Sergey Krokhalev, Vladimir Efremov, Anastasia Kovalevskaya (Moscow) and James Stephens (London).
Costa Crociere S.p.A. is a major cruise company based in Genoa, Italy and a member of the Carnival group.
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