In this brief update, we consider how leaked amendments to the draft EU Maritime Emissions Trading System (ETS) proposal could impact the apportionment of ETS costs and liabilities in the maritime sector.
With our bench strength, experience and international presence, we are strongly placed to advise on every aspect of commercial shipping across all maritime classes.
Our highly experienced team provides commercial and regulatory advice for stakeholders in all maritime classes including tankers, bulk-carriers, gas carriers (LNG, LPG), offshore units, supply and support vessels as well as specialised areas such as ferries, cruise ships and seismic surveying.
With a reputation for a commercially aware, practical approach, our lawyers cover the whole gamut of commercial shipping requirements including newbuilding contracts, sale & purchase contracts, chartering, supply, service and installation and regulatory and sanctions advice (from IMO compliance issues to recycling and establishment of NGOs).
We are recognised industry leaders in current complex issues such as sanctions, scrubbers (purchase, sale, installation and financing) and other bespoke contractual arrangements.
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Watson Farley & Williams acted as English law counsel to CPLP Shipping Holdings PLC on the issuance and public offering of a US$150m corporate bond on the Athens Stock Exchange, guaranteed by Capital Product Partners L.P.
In Support of Maritime Arbitrations (Part 2): The courts’ powers to preserve evidence, property and assets and order attendance of witnesses
In the second article of this series, Partner Mike Phillips and Associate Sylvie Allen discuss the courts’ powers under the Arbitration Act 1996 to preserve evidence, property and assets and order the attendance of witnesses in LMAA arbitrations.