The National Bank of Greece is a global banking and financial services company and one of the leading banks in Greece, with which WFW enjoys a long-standing relationship.
Dinos Konstantinos will work closely with our New York colleagues, Partners John Benson and Steve Hollander, who practise Marshall Islands law to provide advice of the highest quality to our clients.
Our authors look at the key issues for shipowners in contracts for the acquisition, transport, installation and commissioning of scrubbers to meet IMO 2020 sulphur requirements.
Star Bulk can now refinance part of the fleet it acquired from Augustea and York last year and ensures that their fleet will comply with the highest environmental standards through their retrofitting of scrubbers.
“It was a pleasure working with DNB on this important transaction which enables Star Bulk to not only consolidate their existing debt…, but also ensures their fleet will comply with the highest environmental standards through their retrofitting of scrubbers”.
We advised Danaos Corporation on the comprehensive restructuring and refinancing of its US$2.2bn debt maturing 31 December 2018 with certain of its lenders including Citibank, Credit Suisse, HSH Nordbank and RBS.
The facility is secured on 14 of First Ship Lease Trust’s vessels flagged in either the Bahamas or Singapore.
“It has been a pleasure working with the Starbulk team on one of the most interesting M&A deals in the shipping sector this year. “
The facility was used to partially refinance four credit facilities and is secured on 35 vessels owned by subsidiaries of CPLP, comprising almost the entirety of its fleet.
We are pleased to have been instructed by Alpha Bank on this important and complex transaction.