Watson Farley & Williams
Watson Farley & Williams News
Financing and Bankability of Offshore Wind Vessels
In our first article we highlighted some of the key contractual considerations facing shipowners looking to construct and charter offshore wind vessels. In this article we explore some of the considerations concerning the financing and bankability of offshore wind vessels. We have seen a diverse group of financiers interested in financing vessels in the offshore wind sector and, while the nature of the financing available will depend to a large extent on the employment of the vessel…
Macheras Named WFW Global Maritime Sector Co-Head
Law firm Watson Farley & Williams (WFW) announce it has named partner George Macheras as its new global maritime sector co-head, replacing Lindsey Keeble as she takes up the role of WFW managing partner as of February 1. Paleokrassas, who takes on the role of WFW senior partner on the same date, will remain in his role as global maritime sector co-head.Macheras, who made partner in 2018, advises on all aspects of ship financing as well as on commercial matters relating to the sale…
WFW Announces New Athens Office Head
Watson Farley & Williams (WFW) announced that, following the election of George Paleokrassas as the firm’s senior partner, partner Alexia Hatzimichalis will be taking over as Athens office head.Hatzimichalis, who joined the firm in 2001 and made partner in 2014, also heads the assets and structured finance team in Athens. Qualified in England and Wales, originally as a barrister and then as a solicitor…
WFW Advises Ridgebury, Tufton on Suezmax Acquisition
Watson Farley & Williams, international law firm based in London, advised Ridgebury Tankers and Tufton Oceanic on the acquisition of two Suezmax tankers in a 50%…
WFW Advises on Race Bank Wind Farm Deal
Watson Farley & Williams (WFW), an international law firm based in London, said that it has advised Race Bank Wind Farm Limited on its USD 608 million sale of transmission…
TRIG Acquires French Wind Farms
UK-based investment fund The Renewables Infrastructure Group (TRIG) has acquired stakes in four French onshore windfarms, with a total capacity of 107.8 MW. InfraRed’s…
WFW Advises MPC Container Ships Major Scrubber Acquisition Order
London-based international law firm Watson Farley & Williams advised MPC Container Ships ASA (MPCC) on its acquisition of exhaust gas cleaning systems, also known as scrubbers…
WFW Advises ING Bank on USD 220mln Nine Vessel Financing
Watson Farley & Williams (WFW) has advised ING Bank, London Branch (ING) in connection with a US$87m increase to a US$131m loan facility originally granted to Latsco…