WFW advises Snam on acquisition of BW Singapore FSRU5 December 2023
The BW Singapore can operate both as an LNG carrier and FSRU.
The BW Singapore can operate both as an LNG carrier and FSRU.
The loan was structured in three tranches.
The loan recapitalises Rimorchiatori Augusta following its purchase of Italian-flagged tugboat “CITTÀ DI SIRACUSA”.
The purchase of AF Mia was financed through a capital increase as well as the loan.
The vessel will be based out of the port of Ravenna, Italy, in the northern Adriatic Sea.
Watson Farley & Williams has advised Navigazione Montanari S.p.A. and Nai Int Ltd on the sale of the Vallermosa and Valtamed tankers.
With the acquisition of the Burgundy, Kalypso increases its fleet to four vessels.
The vessel, which was built in 2015, has been deployed as an FSRU, but can also operate as an LNG carrier for the transportation of liquefied natural gas.
The Golar Tundra will contribute circa 6.5% of Italy’s gas needs, bringing the Italian regasification capacity to more than 25% of demand.
All five vessels will fly the Italian flag and operate in the oil, product, chemical tanker and bulker segments.
One of the loans is guaranteed by a SACE guarantee on the basis of the liquidity decree (no. 23/2020) under the “Garanzia Italia” programme.
We advised Viking Line Abp on the negotiation of a bareboat hire/purchase agreement relating to the M/v ro-ro vessel “Mega Regina” with France’s Corsica Ferries S.A.S.