On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
COSCO Tanker and COSCO Shipping Tanker (Dalian) Seaman and Ship Management Co., as well as four other Chinese companies, have been placed on the list of “Specially Designated Nationals and Blocked Persons by the US Office of Foreign Assets Control. This article looks into the effects of these sanctions.
Shanghai-based CMBFL provides financial leasing solutions to large, medium and small businesses across China. It is a subsidiary of China Merchants Bank, the first share-holding commercial bank wholly owned by corporate legal entities in China.
Under this joint venture, ZEABORN and MPC will combine their global activities for the chartering and commercial management of 160 container and bulk carriers.
This article looks at ways in which a lease can in some respects be potentially more favourable to a creditor who is also a lessor as compared with the position of a secured lender.
Our Global Head of Maritime, Lindsey Keeble moderated a panel… Read more
How can we ensure the future success of both the maritime industry and the environment? We will be exploring this question at London International Shipping Week, the UK’s leading annual industry gathering.
On August 5, 2019, US President Donald Trump continued to escalate US sanctions on Venezuela by imposing direct blocking sanctions on the Government of Venezuela.
Our breakfast briefing will explore the key issues stakeholders need to be aware of when navigating the law and evolving practice relating to environmental compliance.
We advised EnTrust Global’s Blue Ocean Funds on their US$150m sale and leaseback transaction of two container vessels acquired from and chartered back to two subsidiaries of Danaos Corporation.