Since 1989 MRM SA has been the premier Asset Recovery specialist, acting on behalf of most international banks, financial institutions, bondholders and their lawyers. The range of services available to banking clients is comprehensive, professional, experienced, cost-effective and dedicated to recovering and safeguarding the vessel

Specifically, our all-embracing service includes:

• Tracing and recovering the vessel using qualified and experienced professionals only
• Re-locating the vessel to an appropriate and sympathetic jurisdiction
• Fulfilling any outstanding Charter committments
• Full or partial close-out service
• Detailed budgeting and accounting
• Regular reporting
• Acting as Mortgagee´s Superintendents
• Acting on behalf of Mortgagee in Possession when required
• Full repatriation of original crew and negotiating wage settlements
• Appointment of local Agents
• Liaising with Harbour Authorities, Courts, Lawyers
• Attending to bunkering, stores, maintenance and general vessel husbandry
• Expediting vessel inspections (by potential buyers)

Twenty years of Asset Recovery experience by fully qualified staff ensures that a client´s asset remains under control and in the best possible condition for eventual disposal. This may or may not include exercising a hot or cold lay-up service, in accordance with client´s requirements and specific needs.