Stephenson Harwood advises CDB on $1.6 bln Yamal LNG tankers financing

Stephenson Harwood advises CDB on Yamal LNG tankers financing
Image courtesy of Teekay LNG Partners

Law firm Stephenson Harwood advised China Development Bank on the $1.6 billion financing of six Arc7 LNG carrier newbuildings for a joint venture between Teekay LNG Partners and China LNG Shipping.

The first vessel, Eduard Toll was delivered earlier this month, the law firm said in a statement.

The vessels will operate under long-term charters servicing the Yamal LNG project in Russia and will have ice-breaking capabilities which will enable the year-round use of the Arctic sea routes.

The Stephenson Harwood team was led by London finance partner Dean Norton and partners and associates from Hong Kong and Singapore offices, the company said.

Teekay LNG Partners and its JV partner China LNG Shipping were advised by the Watson Farley & Williams law firm on the financing.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Feb 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 1 2 3 4

LNG Pricing, Trading & Risk Management: 3-Day Course

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >

CWC World LNG & Gas Series: 16th Americas Summit

Now in its 16th edition, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG and gas event in the Americas region…

read more >