WFW advised Navigator Holdings Ltd on its agreement with Ultranav to merge the business and fleet of the latter’s subsidiary Ultragas ApS.
Corporate and M&A Partners Daniel Saunders and Mark Tooke, in a feature article for Bunkerspot, discuss the increase in M&A, joint venture and direct investment activity in maritime technology from investors both within and outside of the maritime industry.
We advised PointState Capital regarding its participation in Taylor Maritime’s oversubscribed US$253.7m initial public offering on the London Stock Exchange.
Join Watson Farley & Williams and other industry leading advisors to hear them discuss trends and issues in maritime M&A including market drivers, deal structures, pricing and areas of risk and reward you should be attuned to when approaching maritime M&A transactions.
Located in Norfolk, England, Redstow has a total capacity of 4.5 MW Combined Heat and Power (CHP) and currently processes circa 75,000 tonnes of energy crop each year.
This article highlights some of the main additional risks for buyers and sellers during vessel-focussed M&A transactions structured as sales of ship-owning companies rather than asset sales.
In view of current extraordinary circumstances, we will be hosting our annual Owners’ Day in a series of three webinars. The format of a webinar will allow our clients across the globe to participate in this event.
WFW advises Teekay Tankers on US$533m revolving credit facility and sale of its non-U.S. STS transfer support business30 January 2020
The credit facility will be used to refinance 31 vessels as well as repay circa US$455m of Teekay Tankers’ existing debt and extend balloon maturities from 2020/2021 until the end of 2024.
WFW advises Ridgebury and Tufton on US$40.6m acquisition of two Suezmax tankers with Euronav10 December 2019
The joint venture acquired two Suezmax tankers for a combined consideration of US$40.6m.
We’re delighted that the ground-breaking Vessel Technology Assessment System Project, of which we are proud to be an advisor, has finished its development stage and is set to go live as an independent advisory service and new venture backed by its joint founders BMT and Black & Veatch as of 19 May 2019.