WFW advises Teekay Offshore on US$550m fleet refinancings28 May 2019
We advised Teekay Offshore Partners on two separate fleet refinancings with a combined value of US$550m.
We advised Teekay Offshore Partners on two separate fleet refinancings with a combined value of US$550m.
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.
ZEABORN expands its ship management activities beyond its traditional focus on container ships, heavy-lift and bulk carriers.
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.
Star Bulk can now refinance part of the fleet it acquired from Augustea and York last year and ensures that their fleet will comply with the highest environmental standards through their retrofitting of scrubbers.
With near perfect timing, the administrators of UK tonnage tax have cleverly and conveniently solved one potential Brexit problem. Read to find out more.
We advised Armamento Setramar on the sale of the vessel “Pietro Benedetti”.
In light of the new IMO 2020 sulphur cap regulations, we recently advised BNP Paribas on the $439m SINOSURE-backed financing of 86 MSC scrubbers.
The English High Court has given helpful guidance on the protection offered by sanction clauses in a marine cargo insurance policy.
We advised Danaos Corporation on the comprehensive restructuring and refinancing of its US$2.2bn debt maturing 31 December 2018 with certain of its lenders including Citibank, Credit Suisse, HSH Nordbank and RBS.
On 7 August 2018, both the first wave of re-imposed US secondary sanctions, and the EU Blocking Statute took effect: how can we comply with two incompatible laws at the same time?
In Sea Masters Shipping Inc v Arab Bank (Switzerland) Ltd, the Court ruled that the holder of a bill of lading which includes or incorporates an arbitration agreement will be subject to the jurisdiction of a tribunal formed under the arbitration agreement.