Ship-owning joint ventures are a common occurrence in today’s market. This article explores the “Steel Split”, a mechanism that is somewhat unique to maritime joint venture documents.
As the maritime sector increasingly turns its attention to environmental, social and corporate governance issues, our latest article explores seafarer welfare, particularly during the COVID-19 pandemic, and how employers can promote the wellbeing of seafarers.
His new role will focus on supporting the clients he has worked so closely with for many years; while continuing to assist partners and their teams and remaining a strong advocate and ambassador for the firm.
Kate Silverstein and Emily Widdrington have written a feature article in the March 2021 edition of Maritime Risk International on the first annual report of the Poseidon Principles.
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 article examines a recent UK Admiralty Court decision, in which we acted for the successful shipowner, on ship arrests for claims against bareboat charterers.
WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape15 February 2021
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.
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?
Well-known maritime disputes expert Mike Phillips has joined the firm as a Partner in London. He moves from Stephenson Harwood, where he has been a partner for 12 years.