While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth. Offshore renewable projects achieved an estimated record project sanctioning of US$56bn, which, for the first time, represents a higher amount than offshore oil and gas.
Welcome to the fifth edition of Watson Farley & Williams’ maritime disputes newsletter – a publication designed to help you get to grips with the latest developments in English maritime law.
On 10 June 2021, the German Parliament (Bundestag) adopted the Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) of the European Union, setting the framework for the online formation and registration of branches of new businesses in Germany.
In a recent judgment of the English Commercial Court, The M/V Smart , which will be welcomed by owners, Mr Justice Butcher held that a shipowner could demand direct payment of freight under a bill of lading even though the bill of lading stated that the freight was payable “as per charterparty” and the vessel’s time charterer was not in default.
In three recent cases, the English courts have provided a series of warnings on the uses and abuses of expert evidence, from guidance on the avoidance of conflicts to the implications of a failure by experts to comply with their duties.
WFW is delighted to announce the relocation of Partner Alan Polivnick from Bangkok to Sydney, where he joins Robert Williams, Sydney Office Head and Head of WFW’s Asia Pacific Hotels & Hospitality team.
We advised Viking Line Abp on the negotiation of a bareboat hire/purchase agreement relating to the M/v ro-ro vessel “Mega Regina” with France’s Corsica Ferries S.A.S.
Hogan Lovells and WFW advised on two separate Korea Trade Insurance Corporation backed green financings for Hapag-Lloyd AG with a combined value of US$1bn+.
Lindsey’s WIBLA win follows on from being named one of Lloyd’s List’s Top 10 Maritime Lawyers 2019 and reaffirms her standing as one of the leading legal advisors to the shipping industry worldwide.
The deal was named “Structured Finance Deal of the Year” 2021 by leading international maritime sector publication Marine Money.
Corporate and M&A Partners Daniel Saunders and Mark Tooke, in a feature article for Bunkerspot, discuss the increase in M&A, joint venture and direct investment activity in maritime technology from investors both within and outside of the maritime industry.
Highlighting once again the firm’s standing as the ‘go to’ law firm for the shipping industry worldwide.