WFW advises Danaos on US$450m newbuild vessel financing19 April 2024
We advised Danaos Corporation on a US$450m post-delivery senior secured term loan facility to finance eight newbuild vessels under construction.
We advised Danaos Corporation on a US$450m post-delivery senior secured term loan facility to finance eight newbuild vessels under construction.
We discuss whether salvage terms were ever agreed between parties to refloat the EVER GIVEN, during a catastrophic grounding in the Suez Canal in March 2021, and how this affected the final salvage costs to the owners.
This article looks at the recent decision in West Palm Beach Firefighters’ Pension v. Moelis & Co.
In this edition of Commercial Disputes Weekly, we discuss waiver of the right to forfeit a lease, the imposition of conditions on appeal, submission to a foreign court and the interpretation of a contractual limitation clause.
Join Watson Farley & Williams and WISTA for our Lunch and Learn on 7 March 2024.
EU ETS obligations for shipping companies and the transposition of the Implementing Regulation.
Relevant decrees have been published to complete the opening of the Italian tonnage tax regime to European Union and European Economic Area registered vessels.
Join Watson Farley & Williams for our Breakfast Seminar ‘Financial Leasing in Germany’ on Thursday 25 January 2024 in Hamburg.
Our multi-disciplinary practitioners will be speaking on the hot topics and trends in shipping and provide practical insight on navigating the challenges and opportunities in the industry for 2024 and beyond.
On October 18, 2023, the US Office of Foreign Assets Control (OFAC) issued General License 44 broadly permitting US and non-US persons to deal with Venezuelan crude and gas. Under the license, US and non-US persons generally can transport Venezuelan crude and gas until April 18, 2024.
Join Watson Farley & Williams for our Maritime breakfast seminar in Hong Kong on 22 November 2023, in conjunction with Hong Kong Maritime Week 2023.
In this episode, Mhairi Main Garcia and Lizzie Roe discuss two key challenges facing in the sector, namely technological and regulatory uncertainty, and the positive steps being taken to rectify these.