WFW advises MSC on delivery of high-performance cruise ship MSC Euribia
The vessel is expected to be the best-performing cruise ship in the world.
The vessel is expected to be the best-performing cruise ship in the world.
WFW has been advising the sellers for several years on project development, land rights acquisition and corporate matters.
The acquisition was completed through Nemeca’s takeover of an existing loan between BCC Iccrea Bank and the two Greek companies.
Through this acquisition, Pangaea will expand its North American terminal network to include the mid-Atlantic and south-eastern US.
The loan facility comprises a K-Sure insured tranche and a commercial tranche relating to each of the two vessels.
Tim has over 20 years’ experience working on a wide range of aviation and travel-related dispute resolution matters both in the English courts and in arbitrations.
Terres d’Energie Développement is a platform dedicated to the development of solar and wind projects in France.
The project and financing agreements were signed on 21 April 2023.
The four vessels will be constructed at HD Hyundai Heavy Industries Co. Ltd. and will be completed in sequence during 2027.
The transaction marks a key step in PSL’s aim to reach 5 GW of renewable capacity across Europe by 2026.