Austal News
WFW advises on VELA cargo sailing ship investment
Watson Farley & Williams (WFW) advised Crédit Mutuel Impact and Bpifrance on an equity investment into French cargo sailing ship developer and operator VELA Sail For Goods (VELA). Other investors also took part including US-based 11th Hour. The investment will help finance the construction of a trimaran cargo vessel to be built by shipyard Austal Philippines for lease to VELA. Crédit Mutuel Impact and Bpifrance The multi-disciplinary WFW Paris team that advised Cr&eacu...