WFW advises Genco on en bloc asset swap24 March 2021
We advised Genco Shipping & Trading Limited on a fleet-for-fleet asset swap, exchanging six Handysize vessels for three modern, eco Ultramax bulk carriers with a trading partner.
We advised Genco Shipping & Trading Limited on a fleet-for-fleet asset swap, exchanging six Handysize vessels for three modern, eco Ultramax bulk carriers with a trading partner.
The Marshall Islands and the Solomon Islands have recently proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships.
This continues the cooperation between WFW and Star Bulk, previously advising them in 2018 on the acquisition of multiple vessels from both Augustea and E.R. Schiffarts and the 2019 acquisitions from Delphin.
Drawing on a series of in-depth interviews and a global survey of 545 senior industry leaders, our report examines the shipping world’s views on sustainability and governance and what actions it is taking as result.
We are delighted to invite you to join our second upcoming webinar where a panel of highly regarded industry-experts will discuss our new thought leadership report “The Sustainability Imperative: ESG – Reshaping the funding and governance of shipping”, which launched on Wednesday 24 February.
We are delighted to invite you to join our upcoming webinar where a panel of highly regarded industry-experts will discuss our new thought leadership report “The Sustainability Imperative: ESG – Reshaping the funding and governance of shipping”, which launched on Wednesday 24 February.
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.
The new unit “Grande Texas” was delivered on 26 January 2021 and is the sixth of seven car carriers ordered by Grimaldi Euromed from the Yangfan shipyard in Zhoushan, China.
Collaboration across the entire value chain is required to achieve a reduction in Scope 3 emissions and this is resulting in action from market participants on a scale not previously seen.
The firm was awarded ‘Law Firm of the Year 2021’ in the Transport sector while Partner Furio Samela was also named ‘Lawyer of the Year 2021 – Transport’.
Pressure is mounting on ways for the shipping industry to tackle the decarbonisation challenge, but will the maritime sector keep pace with other industries in terms of decarbonisation?
Seamax operates a fleet of 12 modern, post-Panamax container ships and provides the world’s top shipping lines with over 1.2m deadweight tonnage in carrying capacity.