The ports industry plays a fundamental role in international trade.
The rise of emerging markets and pace of globalisation means that ports are investing large sums to expand facilities to cope with increasing demand for imports and exports. This is at the same time as dealing with issues that have buffeted the wider shipping sector such as rising charter and fuel costs.
Allen & Overy has an impressive track record advising on projects and transactions in the ports sector spanning a range of legal disciplines including acting on a number of high profile mergers and acquisitions and financing transactions. We advise leading sponsors, banks and governments and port operators and regularly top the league tables for the number and value of deals completed in the ports sector.
Our experience of working in this sector allows us to provide our clients with rich and intelligent advice that demonstrates our understanding of all corporate, finance, construction, operational, permitting, zoning, environmental and regulatory issues which are likely to arise during a variety of transactions involving ports.
News & insights
News: 01 MAY 2020
Allen & Overy has advised Flight Centre Travel Group Limited (Flight Centre), Australia’s largest travel agent, in respect of an additional AUD200 million of bilateral facilities, with the loan…Read more
Publications: 27 APRIL 2020
The claimant aircraft lessor succeeded in its damages claim under an English law governed aircraft lease agreement for non-payment of rent and other payment obligations. The Tanzanian lessee had…Read more
Publications: 02 APRIL 2020
On 18 February 2020, the Government introduced a new legal framework on the limited concessions scheme (LCS) in the infrastructure sector. The new rule is Presidential Regulation No. 32 of 2020 on…Read more
Publications: 16 MARCH 2020
Airlines under pressure The market for airlines is under extreme competitive pressure. We have seen some recent examples of European airlines that have gone into insolvency proceedings (Air Berlin,…Read more