This article discusses the objectives of the Clydebank Declaration and highlights the potentially transformative impact of the green corridors on the maritime sector.
Watson Farley & Williams has advised portfoliomanagement, the winding-up agency of the Free and Hanseatic City of Hamburg and the Federal State of Schleswig-Holstein, on the due diligence for the sale of a number of vessels that are part of its remaining shipping loan portfolio to a bidding consortium comprising the Bank of America and Davidson Kempner Capital Management LP.
As of 1 January 2020, shipowners and lessors may apply an exceptional tax depreciation when acquiring equipment using decarbonised energy for the main or auxiliary propulsion of a vessel.
In this article, London Maritime Partner Richard Stephens assesses the GloBE rules which come into effect in 2023 and the impact they will have on the shipping industry.
Watson Farley & Williams has advised Maas Capital Shipping B.V. in relation to the due diligence, deal structuring and legal documentation required to acquire a minority stake in BW LPG India, a subsidiary of BW LPG Limited.
Watson Farley & Williams has advised Hamburg Commercial Bank on a new US$180m bank facility provided to an intermediate holding company of MPC Container Ships ASA.
What has COP26 delivered for the shipping industry? Do we have a global roadmap for the reduction of greenhouse gas emissions, or is the pathway still far from being clear? Join our webinar to find out!
In this German webinar, our Hamburg Partners Dr Clemens Hillmer and Dr Maximilian Boemke will give you an overview of the legal regulations governing the recycling of ships.
As the law firm with the largest dedicated maritime practice in the world, we are proud to be long-standing supporters of London International Shipping Week, which in a short time has grown to be one of the world’s premier maritime events.
The development and use of energy saving technology (EST) in ships is likely to play a significant part in the transition towards sustainability. However, the installation and financing of EST on ships may present several challenges, particularly with existing ship financiers.
