Beginning in mid-November 2023, container ships transiting the Red Sea/Gulf of Aden region have been the target of attacks or have been involved in near-miss incidents. On January 2, 2024, A.P. Moller – Maersk announced that it intends to “pause all vessels bound for the Red Sea/Gulf of Aden” and...
Global, sector-focused law firm HFW has continued to support BIMCO in helping the shipping industry work towards decarbonisation by drafting a suite of three new voyage charterparty clauses for parties to allocate costs and responsibilities relating to ships operating under an emission scheme....
Renowned maritime legal firms, Thomas Miller Law and Davies Johnson are pleased to announce that they have rebranded as Shearwater Law. The rebrand marks a significant milestone in their combined evolution. The comprehensive transformation encompasses a new name, brand identity and website and is...
https://www.hellenicshippingnews.com/renowned-maritime-law-firms-rebrand-as-shearwater-law/
Watson Farley & Williams (“WFW”) advised Okeanis Eco Tankers Corp. (“Okeanis”), as U.S. securities and Marshall Islands legal counsel, on its listing of common shares on the New York Stock Exchange (“NYSE”), including filing and having declared effective a registration statement with the U.S....
https://www.hellenicshippingnews.com/wfw-advises-okeanis-on-nyse-dual-listing/
Global law firm Norton Rose Fulbright has advised Société Générale, Credit Agricole Corporate and Investment Bank (CA-CIB) and a pool international banks and export credit agencies on a $436m post-delivery green senior secured export credit facility to subsidiaries of Eneti Inc for the purchase of...
Watson Farley & Williams (“WFW”) has advised Eni Group (“Eni”) on the contract documents for the purchase of the Scarabeo 5 drilling floater which is currently being converted into a FPU (Floating Production Unit) by Saipem S.p.A. (“Saipem”). It will be installed off the coast of the Republic of...
https://www.hellenicshippingnews.com/wfw-advises-eni-on-purchase-of-scarabeo-5-from-saipem/
The Court has recently decided “an old chestnut”, namely which version of the York-Antwerp Rules (YAR) applies pursuant to clause (3) of the standard Congenbill 1994 form. This has been debated for years. The Court held that the general average (GA) adjustment in this case should be conducted under...
https://www.hellenicshippingnews.com/tightening-york-antwerp-rules-application/
In its latest Claims Review, International Transport Intermediaries Club (ITIC) shed light on a case where a failure in information transfer sparked a dispute over the payment of an Additional War Risk Premium (AWRP). The situation unfolded as a tanker was contracted for a voyage featuring an...
Watson Farley & Williams (“WFW”) is pleased to announce that maritime and corporate lawyer Robert Kritzman has joined the firm as a Partner in New York. He joins from Clyde and Co where he was a partner in their corporate practice in Miami. Robert has 18 years’ experience in private practice...
Global law firm Norton Rose Fulbright has advised Citibank N.A and BNP Paribas as global co-ordinators, initial mandated lead arrangers and bookrunners on a $2.8bn sustainability- and gender diversity-linked facility to GasLog Ltd. The revolving facility is secured on GasLog’s fleet of LNG carriers...