Ship fires and Electric Vehicles – The Evolving Risks of the Energy Transition12 August 2025
As the global economy moves towards decarbonisation, the maritime sector is both a facilitator and casualty of the energy transition.
As the global economy moves towards decarbonisation, the maritime sector is both a facilitator and casualty of the energy transition.
Greenwashing is rising amid ESG pressures, leaving both financiers and businesses exposed to regulatory and consumer scrutiny. Regulators are enforcing stricter standards, exposing companies to reputational, legal, and financial risks for misleading sustainability claims.
Watson Farley & Williams (“WFW”) advised Prow Capital, who manage the Green Shipping Fund (“GSF”), regarding a senior secured post-delivery financing granted to Liberty Lines S.p.A. (“Liberty Lines”).
The ruling clarifies the limits of equitable set-off and confirms the strict enforceability of “pay now, argue later” obligations.
WFW advised Pacific Basin on a US$250m sustainability-linked seven-year senior secured committed revolving credit facility.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
WFW was named the “Law Firm of the Year 2025 – Transportation and Logistics” at the China Business Law Awards organised by the China Business Law Journal.
WFW advised ING on a term loan facility provided to TCIF, a subsidiary of a sub-fund managed by FAC, for the acquisition of stainless steel tank containers.
WFW advised MPCC on two transactions as part of the implementation of its fleet strategy.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
Unclear payment mechanics in ship sale transactions increase legal and financial risk – early coordination with banks and mortgagees is now crucial.
The recent increasing turmoil in the Middle East has led to renewed threats by Iran to close the Strait of Hormuz.
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