Commercial Marine News

WFW advises BPER Banca on Marittima Emiliana financing
21 February 2020

WFW advises BPER Banca on Marittima Emiliana financing

Watson Farley & Williams (“WFW”) advised BPER Banca S.p.A. (“BPER”) on a loan facility to M.E. Marittima Emiliana S.p.A. to finance the acquisition of a second-hand tanker built in 2012 at Guangzhou Shipyard in China. The tanker, originally flying under a...

Survitec advises on scrubber fire fighting requirement
20 February 2020

Survitec advises on scrubber fire fighting requirement

Shipowners looking to retrofit marine exhaust gas cleaning systems as a way of complying with new sulphur emissions rules should verify the capacity of their fixed fire-fighting systems before undertaking any retrofit projects, Survitec advises. While amendments to MARPOL Annex VI...

Solar Solve is Shortlisted for Two Awards
17 February 2020

Solar Solve is Shortlisted for Two Awards

Julie Lightfoot MBE, Managing Director of Solar Solve was pleasantly surprised and delighted when she received news that Solar Solve Ltd had been shortlisted in not one but two categories of the North East FSB Celebrating Small Business Awards 2020. One of the award categories is...

Brazil - Ballast treatment system
17 February 2020

Brazil - Ballast treatment system

A major oil company has issued a tender for a ballast treatment system. Description: You should be able to supply: a ballast management system engineering and commissioning services for class 56 and 59 ships The tender will be open for bids until 28 February 2020. Further information is...

WFW advises TUI Cruises on US$1.3bn acquisition of Hapag-Lloyd Cruises
14 February 2020

WFW advises TUI Cruises on US$1.3bn acquisition of Hapag-Lloyd Cruises

Watson Farley & Williams (“WFW”) has advised TUI Cruises GmbH (“TUI Cruises”) on its acquisition of Hapag-Lloyd Cruises (“HL Cruises”) from TUI AG for US$1.3bn, excluding net debt. The transaction is subject to customary closing conditions and...

Brazil - Gas turbine blades
14 February 2020

Brazil - Gas turbine blades

A major oil company has issued a tender for general electric gas turbine blades. Description: You must submit your bid by 19 February 2020. Further information is available on request from Department for International Trade Brazil.   Opportunity expires: 18 February 2020 APPLY FOR THIS...

Cammell Laird Appoints Two New Members of the Senior Leadership Team as part of Business Transformation
13 February 2020

Cammell Laird Appoints Two New Members of the Senior Leadership Team as part of Business Transformation

Merseyside shipyard and marine engineering services company Cammell Laird has made two senior hires as it looks to strengthen the business. The Birkenhead shipbuilder has appointed Rich Caton as HR director and Sean Nuttall as health and safety director as the business prepares for a period...

WFW enhances Hong Kong finance offering with new Partner hire
10 February 2020

WFW enhances Hong Kong finance offering with new Partner hire

Watson Farley & Williams (“WFW”) has expanded its Hong Kong finance practice with the addition of new Partner Khin Voong who joins the firm today. He was previously Counsel at King & Wood Mallesons in Hong Kong. A general banking and finance specialist, Khin’s...

WFW advises Teekay Tankers on US$533m revolving credit facility and sale of its non-U.S. STS transfer support business
6 February 2020

WFW advises Teekay Tankers on US$533m revolving credit facility and sale of its non-U.S. STS transfer support business

Watson Farley & Williams (“WFW”) has advised long-standing client Teekay Tankers Ltd. (“Teekay Tankers”) on two significant transactions: (1) a new five-year revolving credit facility of US$533m; and (2) the sale of Teekay Tankers’ non-U.S. oil and gas...

UK_Group_at_Meyer_Turku.JPG
6 February 2020

SMI and UK Companies complete Finland Mission

11 UK companies have just completed a Mission to Finland, visiting some of Europe’s most active shipyards.  The Society of Maritime Industries in conjunction with the Department for International Trade organised the 4 day trip to Helsinki, Turku and Rauma. Tom Chant, Director at the...

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Marine Autonomy Challenge (MAChallenge)

This exciting challenge is open to teams of students studying at UK universities. The first phase involves a video submission and the finals take place in November this year. Each qualifying team will be provided with an industry simulator to enable them to build the autonomous behaviours required to achieve a series of challenges.

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