8 April 2026 Watson Farley & Williams (“WFW”) advised Dorian LPG (“Dorian”) on a US$62.9m ECA-backed term loan facility for the financing of the newbuild dual-fuel LPG and ammonia very…
25 July 2025 Watson Farley & Williams (“WFW”) advised Pacific Basin Shipping (“Pacific Basin”) on a US$250m sustainability-linked seven-year senior secured committed revolving credit facility. The facility will be used for…
In June 2023, rules for bringing the maritime sector into the EU’s Emissions Trading Scheme (the “EU ETS”) came into force. All Member States (except one) have failed to transpose this…
Watson Farley & Williams (“WFW”) has advised Pangaea Logistics Solutions Ltd. (“Pangaea”) on its acquisition of marine port terminal operations in Port Everglades/Fort Lauderdale and Port of Palm Beach in…
On 18 April 2023, the European Parliament voted in favour of the legislative amendments published on 8 February 2023 to the EU Emissions Trading Directive (the “Amendment”) to include the…
Watson Farley & Williams (“WFW”) has advised Navigator Holdings (“Navigator”) on a US$200m loan agreed with a syndicate of lenders, led by ABN AMRO Bank and Nordea and including SEB…
Watson Farley & Williams (“WFW”) has advised Norddeutsche Landesbank Girozentrale (“NORD/LB”) on the long-term financing of an import terminal for liquified gases to be constructed in Stade-Buetzfleh, Lower Saxony, Germany. The…
Watson Farley & Williams (“WFW”) has advised KBS Maritime Limited, a joint venture owned by BAESystem Surface Ships (Holdings) Limited (“BAE”) and Kellogg Brown & Root Limited (“KBR”), on itsacquisition…
A greener and more ambitious EU Maritime ES emerges On 14 January 2022 the European Parliament’s Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading…
A smart judgment for owners: an owner can demand payment of freight under a Bill of Lading even if head charterers have paid hire in full. In a recent judgment…
WFW advises Danaos on US$1.25bn refinancing 23 April 2021 Watson Farley & Williams (“WFW”) has advised long-standing client Danaos Corporation (“Danaos”) on the refinancing of US$1.25bn of its outstanding senior secured debt (which…
US Dollar LIBOR transition in asset finance – where are we now? RECENT DEVELOPMENTS, REGULATORY AND MARKET BODY ANNOUNCEMENTS Since our last article, there has been a raft of regulatory and…
Sins of a father: can a guarantor avoid liability by claiming to have been under “undue influence” of a family member? INTRODUCTION “This case illustrates the importance of giving consideration…