This article explores the increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through establishing a joint venture with an established shipowner.
The UK Supreme Court has today handed down a significant decision on the interpretation of liquidated damages clauses. Watson Farley & Williams acted for the successful party, PTT Public Company Limited.
While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth. Offshore renewable projects achieved an estimated record project sanctioning of US$56bn, which, for the first time, represents a higher amount than offshore oil and gas.
Read the eleventh edition of our weekly update of Italian labour law.
Welcome to the fifth edition of Watson Farley & Williams’ maritime disputes newsletter – a publication designed to help you get to grips with the latest developments in English maritime law.
See here for decisions on general contract topics made by the English courts.
See here for a selection of recent decisions by LMAA tribunals, published in association with the Lloyd’s Maritime Law Newsletter.
See here for the latest maritime decisions made by the English courts.
On 10 June 2021, the German Parliament (Bundestag) adopted the Act on the Implementation of the Digitalisation Directive (Gesetz zur Umsetzung der Digitalisierungsrichtlinie, DiRUG) of the European Union, setting the framework for the online formation and registration of branches of new businesses in Germany.
In a recent judgment of the English Commercial Court, The M/V Smart , which will be welcomed by owners, Mr Justice Butcher held that a shipowner could demand direct payment of freight under a bill of lading even though the bill of lading stated that the freight was payable “as per charterparty” and the vessel’s time charterer was not in default.
