航运与海洋工程金融

Some of our most relevant experiences supporting clients with maritime & offshore finance.

• Advised Oversea-Chinese Banking Corporation Limited on a Japanese Operating Lease with Call Option Financing Structure in relation to the sale and leaseback with financing of a 9,000 TEU container vessel.
• Advised the New York office of ING on a US$71.9 million ECA backed loan facility for subsidiaries of Algoma Central Corporation, one of Canada's largest marine shipping companies, listed on the Toronto Stock Exchange.
• Advised Bank of Communications Financial Leasing, ICBC Financial Leasing and CMB Financial Leasing, on three separate sale and leaseback financings for Hapag-Lloyd, amounting to a total of US$1.8 billion.
• Advised a leading Dutch Bank in its capacity as arranger, agent, security agent, original hedge counterparty, original lender and Atradius agent on a €76 million loan facility.
• Advised DBS Bank Ltd. on a US$50 million term loan facility extended to BW Epic Kosan as part of its wider fleet renewal programme.

Some of our most relevant experiences supporting clients with offshore finance, including LNG and FPSOs.

• Advised a syndicate of 13 international lenders on a US$1.1 billion multicurrency revolving credit facility for SBM Offshore N.V., a global leader in floating production storage and offloading systems. This includes an uncommitted option to increase the facility by an additional US$500 million.
• Advised the National Bank of Fujairah PJSC and The Arab Energy Fund on a US$300 million financing facility provided to Stanford Marine and Allianz Middle East Ship Management.
• Advised Standard Chartered Bank on a unique US$1.3 billion project finance structure, relating to the pre- and post-delivery financing of Yinson Production's floating production, storage and offloading unit 'Agogo FPSO'.
• Advised Skandinaviska Enskilda Banken AB on a US$155 million loan to part-finance Epic Gas’ acquisition of Lauritzen Kosan’s fleet of 17 owned-vessels, creating BW Epic Kosan, one of the largest LPG fleets.
• Advised Societe Generale on the $35.9m financing of a newly built 12,500 cubic metre LNG bunker supply vessel that was delivered late July by Hyundai Mipo Dockyard to owners Scale Gas Med Shipping, S.L.

Some of our most relevant experiences supporting clients with private equity.

• Advised on a joint venture agreement between a well-known Singapore based ship owner and a Hong Kong based private equity group including their commercial bank and ECA financing facilities of up to US$1 billion used to finance or refinance 30 tankers.
• Advised Yangzijiang Financial on its maritime fund’s joint venture with Singapore-based equity investment vehicle Alpha Omega Marine and the acquisition of two vessels.
• We advised SMT Shipping on the sale of 50% of Eureka Shipping, a pneumatic cement vessel business, to CSL Group to create a joint venture designed to combine their respective expertise, resources and technologies to expand services to customers in the global seaborne cement powder and fly ash transportation markets.
• Advised Euronav NV in relation to its acquisition of two Suezmax tankers through joint ventures with Ridgebury Tankers and Tufton Oceanic for a combined consideration of US$40.6 million.
• Advised on the management arrangements for a joint venture, established by an US East Coast based private equity firm and a European ship owner and operator, and the acquisition of a distressed shipping company by the joint venture.

• Some of our most relevant experiences supporting clients with restructurings.
• Advised a syndicate comprising three banks on a restructuring, and eventual full prepayment, of a loan facility involving four Sinosure-backed bareboat charters with Pacific International Lines.
• Advised The Export-Import Bank of China in relation to a court sanctioned recovery plan and conciliation protocol. The deal involved the restructuring of a loan in default to a convertible bond and equity issued by a company, formed by the lenders, to buy 100% of Bourbon Maritime.
• Advised senior facility creditors on the English law aspects relating to the bankruptcy process of Altera Infrastructure, which was formerly part of the Teekay Group.
• Advised Nordea Bank Finland Plc, Singapore Branch, in connection with Solstad Offshore's US$1.5 billion multi-facility global fleet refinancing.