Ship-owning joint ventures are a common occurrence in today’s market. This article explores the “Steel Split”, a mechanism that is somewhat unique to maritime joint venture documents.
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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In this article, we take a look at the high-level challenges of project financing LNG-to-power projects.
As the maritime sector increasingly turns its attention to environmental, social and corporate governance issues, our latest article explores seafarer welfare, particularly during the COVID-19 pandemic, and how employers can promote the wellbeing of seafarers.