WFW advises NAI on purchase of eight vessels from Vassholmen6 April 2023
Watson Farley & Williams advised Nai Int. Ltd. on the purchase of eight vessels from Vassholmen Shipping Ltd.
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Commercial Disputes Weekly – Issue 1574 April 2023
Representation from a range of courts in this issue of Commercial Disputes Weekly with cases on contract formation and interpretation, a decision on the basis of interest claims on US dollar judgments and when time starts running in deceit claims.
CDW will return on Tuesday 18 April 2023 after a short break.
WFW advises Societe Generale on financing and delivery of vessel “Lech Kaczyński”4 April 2023
The vessel is subject to financing by way of crédit-bail, partially backed by Export Credit Agency K-SURE (Korea Trade Insurance Corporation).
Collaboration is key – ESG focussed joint ventures are on the rise in shipping30 March 2023
On 23 March 2023, we published part two of ‘The Sustainability Imperative’. One of the key findings in the follow-up report is that shipowners have become more collaborative. In 2021, two-thirds said they would like to form partnerships to pursue innovation. Now, 56% are already in an ESG-linked tie-up.
WFW advises SNAM on commercial contracts for “BW Singapore” FSRU30 March 2023
The vessel will be based out of the port of Ravenna, Italy, in the northern Adriatic Sea.
Commercial Disputes Weekly – Issue 15628 March 2023
A strong transport theme for this issue of Commercial Disputes Weekly, with a decision on the impact of sanctions on aircraft leasing standby letters of credit and two maritime decisions on unseaworthiness and recovery of standby charges. We round it off with a look at whether recent damage from a WWII bomb falls within the war exclusion of an insurance policy.
Regulating the collection and transfer of API Data to strengthen EU border controls27 March 2023
In this article, we discuss the EU Commission’s proposal to repeal Council Directive 2004/82/EC of 29 April 2004 requiring carriers to communicate passenger data for the purposes of enhancing border control and tackling illegal immigration.
WFW advises Anglo American on its Maritime Transportation Strategy24 March 2023
The vessel is the first in a series of ten 190,000 deadweight LNG dual-fuelled bulk carriers.
WFW advises Navigator on ‘women in leadership’ linked loan23 March 2023
The senior term loan facility, which expires in 2029, was signed to refinance two existing facilities.
The Sustainability Imperative – Part 222 March 2023
Drawing on a series of in-depth interviews and a global survey of circa 500 senior industry leaders, our follow-up report examines the shipping world’s views on ESG and what actions it is taking as a result.
UK Tonnage Tax – Positive Changes Announced in Budget22 March 2023
This short article looks at the new UK Tonnage Tax measures and their impacts on the shipping industry in the UK.
Capital allowances – full expensing17 March 2023
One of the main tax giveaways in the UK budget this week was the introduction of full expensing of capital allowances for the next three years.