Frontline used the proceeds to fund the acquisition of the ten vessels from Trafigura Maritime Logistics.
They establish a framework for assessing whether ship finance portfolios align with the IMO’s goal of reducing shipping’s total annual greenhouse gas emissions by at least 50% by 2050.
We helped to develop the Poseidon Principles, supporting the IMO’s goal to reduce shipping’s total annual greenhouse gas emissions by at least 50% by 2050.
We advised long-standing client Teekay Tankers Ltd. on the sale-and-leaseback for six Aframax tankers, improving its net liquidity position by US$60m after the repayment of outstanding related debt.
“We are once again delighted to have worked with ING, a longstanding client, on this new financing to Latsco, one of the highest quality operators in the product tanker sector”.
Federal Superior Court of Justice in Brasilia overturns lower court’s decision refusing to enforce Liberian mortgage against FPSO operating in Brazilian waters.
WFW advises Teekay LNG joint venture on US$1.6bn financing for innovative icebreaker LNG carrier newbuildings
The Yamal LNG project in Arctic Russia is one of the largest and most complex LNG projects in the world.
We are delighted to have assisted longstanding client Teekay LNG in concluding further significant long-term financings for its exciting newbuilding programme in the LNG sector.
We are delighted to have assisted Teekay LNG in concluding further significant long-term financings for its exciting newbuilding programme in the LNG sector.
WFW Chairman Nigel Thomas and Head of New York Daniel Rodgers moderate Offshore Asset Finance panel at Marine Money Brazil Offshore Finance Forum
The panel discussed the challenges of and where opportunities exist for the financing of offshore oil and gas assets in today’s turbulent market.