MI and SI Proposed Carbon Tax: Contractual Considerations23 March 2021
The Marshall Islands and the Solomon Islands have recently proposed that the International Maritime Organization (“IMO”) impose a levy on carbon emissions by ships.
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WFW advises TORM on purchase of eight MR product tankers from TEAM Tankers10 March 2021
The market value of the acquired vessels is assessed at US$148m. They will be financed by increasing TORM’s existing syndicated loan facility with a new revolving facility and new term facility.
The Sustainability Imperative – Part 123 February 2021
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.
The Sustainability Imperative – Part 1: Webinar 211 March 2021
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.
The Sustainability Imperative – Part 1: Webinar 19 March 2021
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.
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.
Scope 3 emissions: how the freight industry will transition to net zero11 February 2021
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.
WFW Italy wins Milano Finanza Transport Law Firm and Lawyer of the Year double5 February 2021
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’.
Sustainable Finance and Shipping4 February 2021
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?
WFW further expands Maritime Disputes practice with new London Partner hire4 January 2021
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.
A year in shipping: 202021 December 2020
Italy Partner Furio Samela has written a feature piece on Italy’s shipping finance market for online Italian magazine Shipping Italy as part of the publication’s overview of the industry over past year.
WFW advises Nordea on Exmar LPG US$310m loan facility21 December 2020
The loan facility refinanced two existing loan facilities secured on a number of LPG vessels and provides working capital to the owner. It is secured on 11 LPG vessels registered on Belgian flag.
