Gordon Brothers appointed Exclusive Selling Agent for Tall Ship Lord Nelson
by Gordon Brothers 5 Oct 2022 19:55 AEDT
Tall Ship Lord Nelson © Gordon Brothers
Gordon Brothers, the global advisory, restructuring and investment firm, has been appointed as the exclusive selling agent for the tall ship Lord Nelson on behalf of Jubilee Sailing Trust Limited after the company was placed into Administration.
Gordon Brothers is managing the disposition of Lord Nelson and marketing it for sale to the international marine and yacht markets.
Lord Nelson was built in 1985 and is the first tall ship in the world designed to accommodate personnel of all physical abilities to sail alongside the ship's crew. Between 2012 and 2014, the ship completed a circumnavigation of the world with a full complement of sailors of various abilities on board. Lord Nelson was used for training purposes on behalf of charitable organisations when the ship wasn't sailing at various races and regattas.
"Lord Nelson presents prospective buyers within the marine and shipping industry a unique opportunity to purchase a ship designed to accommodate any individual who sails," said Simon Bamford, Director, Commercial & Industrial at Gordon Brothers. "As we continue to grow within the marine, shipping and offshore markets, we leverage our in-house sector expertise backed by decades of asset experience for engagements like Lord Nelson."
"We're pleased to partner with Gordon Brothers on this engagement," said Joint Administrator Richard Lewis of Grant Thornton UK LLP. "Given their many years of buying, selling and valuing assets, they were a natural choice to help us realise value for the benefit of the company's creditors."
For more information about Lord Nelson and ship specifications, please visit Gordon Brothers' website.
Gordon Brothers has established a dedicated marine services and valuations practice that leverages decades of experience buying, selling and valuing assets in the commercial and industrial economy across Australia, Brazil, Canada, the U.K., Europe, Japan and the U.S. The firm provides advisory services including fleet and vessel renewal analysis, disposition and investment strategies.