The facility is secured on 14 of First Ship Lease Trust’s vessels flagged in either the Bahamas or Singapore.
We advised long-standing client MSC Cruises on the €1.5bn ECA-backed financing for two new Seaside EVO class cruise ships.
“We are once again delighted to have worked with ING, a longstanding client, on this new financing to Latsco, one of the highest quality operators in the product tanker sector”.
Charles Buss and Nick Payne discuss the recent decision of the Admiralty Court in London, Natwest Markets Plc v Stallion Eight Shipping Co. S.A., in which we acted for the successful party. Has the recent decision confirmed the attractiveness of England as a jurisdiction for the arrest of ships?
WFW advises TUI Cruises GmbH on building contracts for two new InTUItion class passenger cruise ships
To be involved in the negotiation and conclusion of the building contracts for these two newbuilds was a great pleasure for WFW
We advised Grindrod Shipping Holdings, the shipping arm of South African transportation and logistics provider Grindrod, on its spin-off from its parent and its US$320m primary listing on NASDAQ and secondary listing on the Johannesburg Stock Exchange.
advised PB Vessels Holding Ltd on a US$325m secured revolving credit facility for the refinancing of 50 vessels.
We advised an industry leader on their first ever maritime listing, especially given that they are set to become the Alafouzos family’s primary vehicle for tanker activities.
The outcome of Sevylor Shipping v Altfadul Company held an owner liable to a bill of lading holders for its full damages claim. Read on to find out why this outcome could be difficult to reconcile with key principles of English law.
The Euronav and Gener8 merger is a notable event for the maritime industry.