Suspension and Amendments to US and China Port Fees – Current Status
The United States and China have each suspended their port fees on Chinese- and US- linked vessels.
The United States and China have each suspended their port fees on Chinese- and US- linked vessels.
Following our recent article, this piece compares the Conditional Sale – Lease in/Lease Out structure with the Islamic Ijara leasing model which is governed by Sharia principles.
Prior to the advent of Chinese leasing, ship leasing was historically a financing structure in the alternative ship finance space.
The background to these measures stems from a petition brought by five labour unions in the US who complained of unfair practices by China in the maritime sector which they believed posed a discriminatory threat to US commerce.
In this article we discuss the Court of Appeal’s decision in the Lila Lisbon case and its implications for the buyers and sellers of ships.
As the global economy moves towards decarbonisation, the maritime sector is both a facilitator and casualty of the energy transition.
At this year’s Maritime Morning in Hamburg, partners addressed regulatory issues, legal risks in offshore wind and upcoming EU employment law requirements.
We are delighted to invite you to Maritime Insights Sessions Two, WFW’s second quarterly breakfast seminar for 2025.
WFW advised Navigator Holdings Ltd on its new US$300m loan facility agreement with a syndicate of lenders led by Nordea Bank.
WFW is delighted to announce that Marine Money has named eight deals the firm advised on ‘Deals of the Year’.
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