maritime charge exposure, priced and resolved.
Riffington provides confidential valuation, liquidity, and resolution infrastructure for demurrage, detention, terminal storage, and related maritime charge portfolios. The firm acts as principal, funded from its own balance sheet, and carries matters to finality through retained maritime counsel.
Riffington prices maritime charge exposure, provides liquidity against documented portfolios, and carries assigned matters to resolution. The firm operates as principal, on a true-sale and non-recourse basis, from its own balance sheet.
Counterparties receive a known timetable and a single point of contact. Pricing, recovery posture, and counterparty detail remain confidential.
Billing parties
Terminals, carriers, NVOCCs, and logistics firms seeking liquidity against aged, documented charge portfolios.
Billed parties
Shippers, importers, forwarders, and 3PLs seeking confidential review of disputed, paid, or absorbed charge exposure.
Capital partners
Selective allocators seeking exposure to maritime-charge-linked receivables on a principal basis.
Counsel & advisors
Maritime counsel and restructuring advisors supporting clients through charge resolution.
Submission
A redacted portfolio or charge schedule is provided to the firm under NDA.
Review
The firm prices the portfolio against documentation, age, jurisdiction, and counterparty posture, and responds within three business days.
Resolution
On acceptance, an Assignment of Claims is executed, cash is wired, and the matter is carried to finality in the firm's name through retained maritime counsel.
Riffington has evaluated aged maritime receivable portfolios across North American, transatlantic, and cross-border fact patterns. Recent reviews have included demurrage, detention, terminal storage, and related receivables held by terminal operators, ocean carriers, and logistics firms.
- Claim types reviewed
- Demurrage, detention, terminal storage, and related maritime receivables
- Typical face value reviewed
- $250K to $5M+
- Typical claim age
- 9 to 36 months
- Counterparty types
- Importers, forwarders, NVOCCs, motor carriers, mixed counterparties
- Outcomes
- Acquired, settled, declined, or held for further documentation
- Closing timeline
- Often within 5 to 15 business days after complete documentation
Transaction details are generalized to protect creditor, counterparty, and counsel confidentiality. Riffington does not publicly identify sellers, debtors, counsel, or matter-specific recovery activity.
Submissions, valuations, and engagements are confidential. Counterparty, debtor, and pricing detail are never disclosed publicly. Diligence materials are exchanged under mutual NDA.