A Greener Voyage: Fit for 5513 October 2021
This article focusses on the proposals made by the European Commission regarding the extension of the European Emissions Trading Scheme to the maritime sector.
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WFW on sustainability-focussed US$25m dry bulk carrier financing11 October 2021
The transaction involved drafting of a margin adjustment mechanism based on carbon intensity rating as an incentive for the owners to reduce the carriers’ carbon emissions.
WFW advises new rail leasing company Nexrail on acquisition and financing of rolling stock8 October 2021
WFW advised on all aspects of the transaction, including structuring and the purchase agreements for both new build rolling stock and an existing pool of locomotives purchased by Nexrail.
Energy Insights Webinar: COP26 Special Edition13 October 2021
With serious climate-related disasters on the rise globally, the appetite, and indeed need, to tackle climate change and build a more sustainable future has never been higher on the personal, economic and political agendas. But what can we really expect from COP26 and will it deliver its ambitious goals? To find out, join our webinar!
WFW advises VPK on acquisition of DA Alizay to create a sustainable development hub22 September 2021
VPK and DAH will convert the Alizay paper mill into a recycled paper-based production site which will notably include VPK’s converted paper mill and the IPP recycling plant for waste paper.
WFW advises Societe Generale on financing of two hybrid power vessels21 September 2021
Built at Norway’s Ulstein Verft shipyard and initially delivered in 2012, the ‘Hermit Fighter’ and ‘Hermit Prosper’ were the first PX121 design vessels from Ulstein Design & Solutions.
WFW Sustainability Imperative – Part 1 report wins Green Finance award16 September 2021
The Sustainability Imperative report draws on a series of in-depth interviews and a global survey of 545 senior industry leaders, to explore the shipping world’s views on sustainability and governance and what actions it is taking as a result.
Legal Issues in Supplying and Financing Maritime Energy Saving Technology9 August 2021
The development and use of energy saving technology (EST) in ships is likely to play a significant part in the transition towards sustainability. However, the installation and financing of EST on ships may present several challenges, particularly with existing ship financiers.
ESG and Logistics – Powering the future4 August 2021
In the first of our series of articles focussing on logistics real estate, we explore the themes of green power generation and power management in logistics buildings as a means of tackling climate change.
WFW joins Greener Litigation Initiative2 August 2021
The firm has joined fellow law firms, barristers’ chambers and other disputes professionals in signing the ‘Greener Litigation Pledge’ an initiative which aims to reduce the environmental impact of dispute resolution practices across the UK.
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.
A Greener Voyage: Navigating Emissions Trading Schemes for the maritime sector7 June 2021
As the reduction in carbon emissions becomes an increasing international priority, managing emissions in the maritime sector is particularly under the spotlight. This article explains how the EU emissions trading scheme is expected to apply to the shipping industry, the current status of the UK emissions trading scheme and the legal and commercial issues that may arise.