Marine Energy Solutions Secures New Oil Tanker with Expert Legal Advice
Deal News | May 22, 2025 | CEE Legal Matters
Marine Energy Solutions, a company that supplies vessels with marine fuels at Estonian ports, has successfully acquired the PRIME oil tanker. The acquisition was facilitated by legal advisory services from Pohla & Hallmagi, who collaborated with Wikborg Rein for the process. The sellers of the oil tanker were advised by Reed Smith, although they remain unidentified. This strategic acquisition will likely enhance the capabilities of Marine Energy Solutions in serving its clients more efficiently. Partner Martin Mannik from Pohla & Hallmagi played a pivotal role in the advisory team.
Sectors
- Marine and Shipping
- Legal Advisory
Geography
- Estonia – Marine Energy Solutions operates in Estonian ports, making Estonia the primary geographical focus of the business activities described.
- International – The legal advisory firms involved, namely Wikborg Rein and Reed Smith, have international operations, indicating a broader geographic context to the legal teams engaged in the acquisition.
Industry
- Marine and Shipping – Marine Energy Solutions operates within the marine and shipping industry, supplying fuels to vessels in ports, which emphasizes the transportation and maritime logistics sector.
- Legal Advisory – Pohla & Hallmagi and Wikborg Rein provided legal advisory services, which are critical for acquisition processes in the corporate environment.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Marine Energy Solutions | Buyer | Company | A company that supplies marine fuels to vessels in Estonian ports. |
| PRIME | Target | Company | An oil tanker acquired by Marine Energy Solutions. |
| Pohla & Hallmagi | Legal Advisor | Company | Provided legal advisory services to Marine Energy Solutions for the acquisition of the PRIME oil tanker. |
| Wikborg Rein | Legal Advisor | Company | Collaborated with Pohla & Hallmagi to advise Marine Energy Solutions. |
| Reed Smith | Legal Advisor | Company | Provided legal advisory services to the unidentified sellers of the PRIME oil tanker. |
| Unidentified Sellers | Seller | Company | The sellers of the PRIME oil tanker; advised by Reed Smith. |
| Martin Mannik | Partner | Person | Partner at Pohla & Hallmagi, involved in advising Marine Energy Solutions. |