WFW advises Navigazione Montanari and Intesa Sanpaolo on tanker acquisition and financing21 October 2024
WFW also acted for Intesa Sanpaolo S.p.A. as a lender on a loan.
WFW also acted for Intesa Sanpaolo S.p.A. as a lender on a loan.
Archagelos Michael is currently registered by Red Coral in the Maltese Register of Shipping.
Valle di Nervion was built in South Korea in 2004.
Coscos, a joint venture established by the Fratelli Cosulich Group and Cosco Shipping.
The loan recapitalises Rimorchiatori Augusta following its purchase of Italian-flagged tugboat “CITTÀ DI SIRACUSA”.
The loan cancels all the outstanding debt owed to BPS relating to the purchase of bulk carrier Saturnia from Ocean Trader V LLC.
The Liberty K vessel was sold to the buyers at market price.
Watson Farley & Williams advised Nai Int. Ltd. on the purchase of eight vessels from Vassholmen Shipping Ltd.
The main purpose of the loan is to refinance the existing financial debt relating to Bulk Malta’s Hampton Bridge Panamax bulk carrier vessel built in Korea in 2013.
Watson Farley & Williams has advised Navigazione Montanari S.p.A. and Nai Int Ltd on the sale of the Vallermosa and Valtamed tankers.
The 5,300-ton vessel will be equipped with electric propulsion systems as well as dual technology power generators.
The Golar Tundra will contribute circa 6.5% of Italy’s gas needs, bringing the Italian regasification capacity to more than 25% of demand.