WFW advises Okeanis on NYSE Dual Listing11 December 2023
We advised Okeanis Eco Tankers Corp., as U.S. securities and Marshall Islands legal counsel, on its listing of common shares on the New York Stock Exchange.
We advised Okeanis Eco Tankers Corp., as U.S. securities and Marshall Islands legal counsel, on its listing of common shares on the New York Stock Exchange.
Through this acquisition, Pangaea will expand its North American terminal network to include the mid-Atlantic and south-eastern US.
The combined transport platform will manage shipping and transport investments across the capital structure and will have assets under management and capital commitments of more than US$4bn.
UOG’s acquisition of United Arab Chemical Carriers Limited, on which WFW advised, has the award for Middle East ‘M&A Deal of the Year 2021’.
This article explores the increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through establishing a joint venture with an established shipowner.
WFW has advised Borealis on its agreement to sell 12 containerships to GSL for an aggregate price of US$233.9m.
We advised Genco Shipping & Trading Limited on a fleet-for-fleet asset swap, exchanging six Handysize vessels for three modern, eco Ultramax bulk carriers with a trading partner.
The acquisition was structured by way of a reverse triangular merger with the financing for the acquisition provided by alternative investment firm, EnTrust Global and will be the first such merger to be effected under the Companies Law of the DIFC.
WFW advised on matters of Marshall Islands, Liberian, Thai and maritime law and also, through our formal law alliance in Singapore with Wong Tan & Molly Lim LLC, Singapore law.
Each Class A warrant is immediately exercisable for one common share at an exercise price of $0.35 per share and will expire five years from issuance.
Royal Caribbean announced that it intends to use the combined net proceeds from the offerings of the Notes for general corporate purposes, which may include the repayment of indebtedness.
The Marshall Islands has adopted a regulation permitting shareholders to participate remotely in annual shareholder meetings.