Maritime Insights 202612 February 2026
Join our leading Middle East dispute resolution and maritime team for an interactive session on how to exit or renegotiate Joint Venture Agreements.
Insights
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WFW advises CMC on landmark LNG carrier joint ventures2 February 2026
WFW advised CMC and GBAFM on a series of joint ventures with a global financial institution.
Collaboration is key – ESG focussed joint ventures are on the rise in shipping30 March 2023
On 23 March 2023, we published part two of ‘The Sustainability Imperative’. One of the key findings in the follow-up report is that shipowners have become more collaborative. In 2021, two-thirds said they would like to form partnerships to pursue innovation. Now, 56% are already in an ESG-linked tie-up.
WFW advises Kenergy on Spanish joint venture with Reden8 July 2021
We advised Kenergy Ventures BV on the formation and implementation of a joint venture agreement with Reden Development Spain S.L. to develop photovoltaic projects in Spain. This joint venture is the first step in a long-term alliance between Kenergy and Reden Solar to develop renewable energy projects in Spain.
WFW advises SGI on launch of joint HyBRIDS project with SCB2 July 2021
The HyBRIDS project’s primary objective is introducing green hydrogen into the Italian gas network through the use of innovative technologies aimed at making hydrogen produced from renewable sources and with low emissions more easily usable by civil and industrial users.
Collective Action21 June 2021
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.
WFW advises NAB on US$140.2m JOLCO financing25 May 2021
This ground-breaking transaction represents the first JOLCO involving a joint venture between ICBC Leasing and China Merchants Energy Shipping, with the vessels in question commissioned for a long-term contract of affreightment with Brazilian conglomerate Vale.
“Splitting the Steel” in Shipping Joint Venture Agreements9 April 2021
Ship-owning joint ventures are a common occurrence in today’s market. This article explores the “Steel Split”, a mechanism that is somewhat unique to maritime joint venture documents.
Growing pains in construction joint venture agreements6 November 2019
The English Technology and Construction Court has held that the operation of a pain/gain mechanism in an NEC3 Option C (target cost) form of contract was only to be applied once works had completed, and not on an interim basis.
