The Strait of Hormuz: How to get out of a contract by frustration21 July 2025
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
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Pitfalls of payments or: how hard can it be to make a payment?21 July 2025
Unclear payment mechanics in ship sale transactions increase legal and financial risk – early coordination with banks and mortgagees is now crucial.
The Strait of Hormuz: to trade or not to trade? Insurance implications of a potential closure of the Strait17 July 2025
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
The Strait of Hormuz: How to deal with contractual issues, rights and obligations16 July 2025
This first article in the series discusses the contractual issues arising in the event that the Strait of Hormuz is closed.
Double Trouble – Appeal in Relation to Competing Arbitration Agreements26 June 2025
This unusual case involved a successful appeal of a GAFTA arbitral award under sections 67, 68 and 69 of the Arbitration Act 1996.
Demystifying Structured Trade Finance18 June 2025
The commodity-backed structured trade finance industry, or “STF”, has stepped in to address the gap in the market.
WFW deal wins Transport Export Finance Deal of the Year and Global Deal of the Year at TXF Perfect 10 Awards12 June 2025
By recognising only ten outstanding transactions in export finance across the world, the TXF Perfect 10 Awards are the industry gold-standard for excellence.
The new Green Loan Rider14 May 2025
The article explores the new LMA Green Loan Rider, the extent to which it implements existing Green Loan principles and its application to shipping loans.
WFW advises Navigator Gas on US$300M Secured Loan Facility12 May 2025
WFW advised Navigator Holdings Ltd on its new US$300m loan facility agreement with a syndicate of lenders led by Nordea Bank.
U.S. Bankruptcy Court Enforces Independent Director Consent Requirements1 May 2025
Bankruptcy remote structures are most often used for valuable assets, such as drill ships, FSRUs, commercial aircraft and real estate.
WFW advises NAI on bareboat charterparty and sale of M/v Aethalia16 April 2025
Its sale and charter aligns with both NAI and Transgas Shipping’s strategic goals, enhancing their market position.
Late Redelivery and Lost Opportunities: Key Lessons from Hapag-Lloyd AG v Skyros Maritime Corp14 April 2025
Shipowners should be aware that where charterers redeliver late, their ability to claim substantial damages could be limited by the existence of any contractual obligations that prevent entry into further fixtures.
