Approved Nasdaq Board Diversity Rules25 August 2021
This article reviews the new Nasdaq listing rules relating to board diversity and disclosure that were approved by the Securities and Exchange Commission on August 6, 2021.
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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.
New German Govt. Act on setting up businesses online14 July 2021
On 10 June 2021, the German Parliament (Bundestag) adopted the Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) of the European Union, setting the framework for the online formation and registration of branches of new businesses in Germany.
WFW advises Berenberg on “Structured Finance Deal of the Year”24 June 2021
The deal was named “Structured Finance Deal of the Year” 2021 by leading international maritime sector publication Marine Money.
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 deals garner six Marine Money ‘Deal of the Year 2021’ awards17 June 2021
Highlighting once again the firm’s standing as the ‘go to’ law firm for the shipping industry worldwide.
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.
A Global Minimum Tax Rate – How Special is Shipping (and Does Anyone Care)?1 June 2021
Ambitious proposals from the OECD to restructure the system of global taxation of multinational companies are gaining real momentum. This article discusses these proposed reforms, their potential to cut through tax policies applied to shipping and whether shipping will gain an exemption from the global minimum effective tax rate.
Alternative Fuels – What does the future hold for Shipping?12 May 2021
Drawing on the findings of our recent report “The Sustainability Imperative”, this article takes a look at some of the possible fuels to replace heavy fuel oil in the shipping industry. While some of these alternative fuels may eventually prove to be intermediate solutions, they remain an essential part of the industry’s journey to its carbon neutral future.
WFW advises Euromont and Navigazione Montanari on €35m product tanker acquisition financing11 May 2021
The six-year loan is backed by Italian export credit agency SACE through its “Garanzia Italia” facility and was partly used by Euromont for the purchase of two product tankers.
Digitalising Singapore: the new ETA and its impact on e-Bills of Lading7 May 2021
This article discusses some key benefits of Singapore’s Electronic Transactions (Amendment) Act 2021 and its impact on the maritime sector, focusing on e-bills of lading with a Q&A at the end.