17 Oct 2024

Watson Farley & Williams is pleased to announce the publication of the third edition of The Law of Ship Mortgages, written by Partner Charles Buss, recently retired Partner - David Osborne and Knowledge Counsel - Joanne Champkins.

Described as the definitive text on English ship finance law, the first edition was published in 2001 and has been well-received ever since.

Impact on shipping

This third edition was written with the ever-increasing sanctions and their impact on shipping and ship finance in mind, as well as the continued regulation around emissions.

It includes new chapters on pre-delivery security, security over shares, the increasingly important topic of ship leasing as a method of finance and a clause-by-clause analysis of the Institute of Mortgagees’ Interest Insurance Clauses 1997.

Experience in the maritime sector

David Osborne, who specialised in maritime finance for over 40 years at WFW before retiring in 2023

The authors include London Dispute Resolution Partner - Charles Buss, one of the pioneering maritime disputes lawyers; David Osborne, who specialised in maritime finance for over 40 years at WFW before retiring in 2023; and Joanne Champkins who has extensive experience in the maritime sector.

Charles Buss commented: "We are incredibly proud of this book, which is the pioneering work on the legal aspects of ship finance. It is the culmination of continued hard work and expertise and will continue to serve as the pioneering resource to those in the shipping and ship finance sectors."

WFW maritime team

WFW Global Maritime Sector Head - George Macheras, stated: "I’m delighted to welcome the third edition of what is indisputably the definitive text on English ship finance law."

George Macheras adds, "That such a fundamental book for the sector is authored by members of the WFW maritime team is a testament to our standing as the world-renowned law firm for ship finance bar none. Congratulations to everyone involved."