Baker & McKenzie Advises Costa Crociere on Floating Hotel for Sochi Winter Olympics

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. 

Founded in 1949, Baker & McKenzie advises many of the world’s most dynamic and successful business organizations through more than 4,100 locally qualified lawyers and 6,000 professional staff in 74 offices in 46 countries. The Firm is known for its global perspective, deep understanding of the local language and culture of business, uncompromising commitment to excellence, and world-class fluency in its client service. Global revenues for the fiscal year ended 30 June 2013 were USD 2.419 billion. Eduardo Leite is chairman of the Executive Committee. (www.bakermckenzie.com) 

 Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a “partner” means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an “office” means an office of any such law firm.