WFW advises Societe Generale on financing and delivery of vessel “Lech Kaczyński”4 April 2023
The vessel is subject to financing by way of crédit-bail, partially backed by Export Credit Agency K-SURE (Korea Trade Insurance Corporation).
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The Financing and Bankability of Offshore Wind Vessels21 July 2022
In the second part of our series of articles on offshore wind and the maritime sector, London Partners Richard Smith explore the financing and bankability of offshore wind installation vessels.
WFW advises Societe Generale on financing of two hybrid power vessels21 September 2021
Built at Norway’s Ulstein Verft shipyard and initially delivered in 2012, the ‘Hermit Fighter’ and ‘Hermit Prosper’ were the first PX121 design vessels from Ulstein Design & Solutions.
WFW advises North Star Renewables on Dogger Bank SOV financing15 September 2021
Dogger Bank is being developed in three phases which, when operational, will be the world’s largest offshore wind farm with a total installed capacity of 3.6 GW.
WFW advises Virgin on delivery of cruise ship Valiant Lady12 August 2021
Valiant Lady is the second of four cruise ships ordered by Virgin and is expected to be based in the Mediterranean by 2022.
Offshore Wind and Shipping – The importance of the interplay between Shipbuilding Contracts and Charters15 July 2021
While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth. Offshore renewable projects achieved an estimated record project sanctioning of US$56bn, which, for the first time, represents a higher amount than offshore oil and gas.
Maritime Webinar Series – Episode 211 May 2021
Join Watson Farley & Williams for to the second episode of our Maritime Webinar Series on 11 May.
WFW advises SMBC Leasing and EDR on €42m vessel financing2 February 2021
We advised SMBC Leasing as lender on a €32m senior loan granted to Centrus Asset Management.
WFW advises TUIC on financing and implementation of US$1.3bn acquisition of HL Cruises10 July 2020
The transaction was approved, subject to conditions, earlier in the year and involved the financial and commercial arrangements relating to the acquisition by TUIC of the HL Cruises’ business, including its luxury and expedition fleet, consisting of two five-star plus category luxury vessels and three expedition cruise ships.
WFW makes up six new Partners for 202023 April 2020
The promotion of these six lawyers takes the firm’s total number of partners to 173.
WFW advises TUI Cruises on US$1.3bn acquisition of Hapag-Lloyd Cruises12 February 2020
The deal includes the acquisition of HL Cruises’ luxury and expedition fleet, consisting of two five-star plus luxury vessels and three expedition cruise ships, by TUI Cruises.
WFW advises Globalstar on US$199m refinancing agreements2 December 2019
A six-year loan facility will primarily be used towards the prepayment of existing credit payments, amounting to US$152m, as well as to pay off a US$66m bridge facility raised in June 2019.
