Marshall Islands removed from EU blacklist; economic substance guidelines forthcoming
On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
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London International Shipping Week9 September 2019
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.
WFW advised Credit Agricole on US$91m financing for Landbridge leased VLCCs
“We are extremely pleased to have worked on this transaction, which represents a trend towards more structured financings involving new players in the Asian maritime markets such as investment firms.”
Anti-suit injunctions – Chinese shipowner restrains cargo interests’ Chinese court action
The English courts have recently granted an interim anti-suit injunction… Read more
All decked out – English High Court clarifies deck exclusion clauses
Antonis Lagadianos and Tamara Ristic dicuss the repercussions of the English High Court’s recent decision regarding exclusion clauses.
WFW advises Star Bulk on acquisition of 11 vessels from Delphin Shipping
We advised NASDAQ listed Star Bulk on the acquisition of 11 dry bulk vessels from Delphin Shipping in a shares and cash transaction.
WFW advises Teekay Offshore on US$550m fleet refinancings
We advised Teekay Offshore Partners on two separate fleet refinancings with a combined value of US$550m.
WFW advises EnTrust Global on US$150m sale and leaseback to Danaos Corporation
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.
WFW advises ZEABORN on acquisition of CPO Tankschiffreederei
ZEABORN expands its ship management activities beyond its traditional focus on container ships, heavy-lift and bulk carriers.
IMO 2020 sulphur requirements: Key contract issues for shipowners to consider
Our authors look at the key issues for shipowners in contracts for the acquisition, transport, installation and commissioning of scrubbers to meet IMO 2020 sulphur requirements.