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.
We are delighted to offer a series of webinars looking at some of the notable issues shipowners and operators face in the near to medium term, with insight from our leading experts in issues of maritime environmental, tax and employment law.
We are pleased to announce that Sovcomflot’s US$550m Initial Public Offering on which we acted as maritime counsel won the ‘Deal of the Year’ Editorial Choice Award at the 2021 Seatrade Maritime Awards.
A number of important governance, accounting and commercial considerations that any privately-held shipowner pursuing an IPO or looking to issue bonds for the first time should bear in mind.
A Smart judgment for owners: An owner can demand payment of freight under a Bill of Lading even if head charterers have paid hire in full8 July 2021
In a recent judgment of the English Commercial Court, The M/V Smart , which will be welcomed by owners, Mr Justice Butcher held that a shipowner could demand direct payment of freight under a bill of lading even though the bill of lading stated that the freight was payable “as per charterparty” and the vessel’s time charterer was not in default.
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.
Watson Farley & Williams have acted as maritime counsel to leading Russian shipowner Sovcomflot on their US$550m Initial Public Offering.