On October 10, 2019, the Marshall Islands was removed from the European Union’s blacklist of non-cooperative jurisdictions for tax purposes.
Our LNG experts across the world deliver a seamless and consistent service to companies trading in this international marketplace.
In our role as legal advisers to the whole maritime sector, we’ve seen the LNG market evolve from traditional point-to-point trade to full integration with the entire upstream, midstream and downstream supply chain. As the LNG sector has matured, we have acquired a thorough understanding of its global interdependencies, interactions and business drivers.
Drawing on this unrivalled experience, we provide commercial, market-savvy advice to industry participants and financiers active in LNG liquefaction, LNG trade and transportation and regasification. We advise on finance, project development, sale and purchase, shipbuilding and commercial contracts, leases and charters, corporate, tax, employment and competition/regulatory law, as well as dispute resolution.
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Following the completion of the transaction, Hoegh LNG is now fully funded with both equity and debt for its current newbuilding programme, which will be completed with the delivery of Hoegh Galleon in August 2019.
On August 5, 2019, US President Donald Trump continued to escalate US sanctions on Venezuela by imposing direct blocking sanctions on the Government of Venezuela.