Judicial Sale of Ships on Course to Legal Certainty – The Beijing Convention31 May 2023
A gap in international law concerning the international effects of judicial sales of ships is on the verge of being closed.
A gap in international law concerning the international effects of judicial sales of ships is on the verge of being closed.
The project and financing agreements were signed on 21 April 2023.
The four vessels will be constructed at HD Hyundai Heavy Industries Co. Ltd. and will be completed in sequence during 2027.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.
Philip’s practice focusses on emerging market and development finance lending, including blended finance and ESG.
In the Global Ports Report 2023, Partners Florian Kutzbach, Sarah Ellington and Christina Howard discuss how those seeking financing for any such investment need to take into account the ever-intensifying focus on the ESG credentials of the wider shipping industry, and in particular the push for decarbonisation.
The acquisition constituted a reverse takeover under the AIM Rules.
Watson Farley & Williams has advised Mauritius Commercial Bank as agent and lender on an up to US$110m reserve-based lending facility and an up to US$30m working capital facility granted to Afentra Ltd for the acquisition from INA-Industrija d.d. of 4% interests in Block 3/05 and Block 3/05A offshore Angola in the Lower Congo Basin.
Five Senior Associates have been promoted to Counsel.
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