The plastic continent — and how to tackle it — may be hogging the headlines, but the shipping industry – frowned upon as a notorious polluter on a massive scale – is also being effectively reined in and compelled by law to go green.

As the regulatory demands on offshore companies continue to grow, it can be hard to determine the right jurisdiction for the ownership and registration of vessels.

The tide is certainly turning in the shipping and offshore sectors. Banks and financial institutions are now increasingly required to justify their investment choices based on sustainability and environmental risk, and public opinion is demanding ever-more urgent action on environmental sustainability. Increasingly, sustainable/green financing is a priority.

A recent article in theWall Street Journal[1]was focused on hedge funds and their failure to deliver returns to their investors.

The English scheme of arrangement sits alongside the US Chapter 11 as the ‘go-to’ international restructuring tool of choice. Like Chapter 11, it is used to implement financial restructurings for overly leveraged shipping companies (where local restructuring processes are not able to deliver the restructuring).

Leading shipping banks, responsible for $100 billion in ship finance, signed up in June 2019 to the Poseidon Principles, officially launched at Marine Money.

While we don't subscribe to the modern belief that "everyone should get a trophy," we would like to acknowledge how difficult the offshore market has been for the last several years, and to recognize the fact that almost any deal that was concluded in 2018 was worthy of note,

Earnings season has returned, and companies are putting forth their carefully managed numbers. Before the analysts dig deep into the report, investors give a thumbs up or a thumbs down based upon the headline numbers, earnings per share and revenues, when compared to the average of the analysts' expectations in these two categories, a benchmark which might be more art than science.

Launched in June 2019 by the Global Maritime Forum (GMF), the Poseidon Principles (the “Principles”) are the first global, sector-wide, self-governing climate alignment principles among financial institutions.

This is the first in a series of briefings on the key legal issues which arise in ship leasing transactions. It is against the background of the growth in recent years of different types of such transactions, most of which involve a ‘sale and lease-back’ of one or more ships by a shipowner to a lessor, whether in respect of new or second hand tonnage.

As a new round of escalation of trade tension took place when President Trump announced the imposition of 10 percent tariffs on another US$300 billion of Chinese goods, the US-China trade dispute has been taken back to center stage...

Earlier this month,BW Group Limitedsold 7,000,000 common shares inBW LPG Limited, representing approximately 5% of the outstanding shares in a private placement through an accelerated bookbuilding process.