WFW advises EnTrust Global on OMP Acquisition7 May 2024
OMP’s will continue managing the existing portfolio and now has access to capital from Blue Ocean.
OMP’s will continue managing the existing portfolio and now has access to capital from Blue Ocean.
Partner Kavita Shah had the pleasure of joining Lloyd’s List podcast discussing prospects for lenders and borrowers in the shipping industry.
The acquired portfolio includes a diversified portfolio of 15 equity joint venture investments, consisting of a fleet of circa 76 high-quality vessels within the product/chemical tanker, dry bulk, LPG, container and offshore services segments.
The cross-border WFW Maritime team that advised the bank on the transaction was led by London Partner Kavita Shah, with New York Partner John Benson leading on the US law aspects of the transaction.
Seamax operates a fleet of 12 modern, post-Panamax container ships and provides the world’s top shipping lines with over 1.2m deadweight tonnage in carrying capacity.
The loan is secured over three large container ships operated by Maersk A/S, a subsidiary of AP Moller Maersk.
This webinar will look at “US Sanctions”, “Force Majeure/Frustration & Commercial/Shipping contracts” and “Ship Finance Update: changes in the market and documentation”.
We advised Citibank and Nordea on ECA backed loan restatement resulting from Euronav/Gener8 merger and the sale of six VLCCs to International Seaways.
International law firm Watson Farley & Williams (“WFW”) has advised a group of 27 international and. . .