We are pleased to announce that a deal on which we advised has
won both the Transport Export Finance Deal of the Year 2024 and
Global Deal of the Year 2024 at the TXF Perfect 10 Awards.
Our Bermuda Finance team acted for BNP Paribas on the €4.5b
financing of three new cruise ships for Carnival Corporation &
plc, the world's largest cruise company. With consumer demand
for cruise vacations at historic levels, the agreement with Italian
shipbuilder Fincantieri provides for the design, engineering, and
construction of these liquefied natural gas (LNG)-powered ships,
which will be delivered in the summers of 2029, 2031 and 2033,
respectively.
The Bermuda Finance team was led by partner Adam Bathgate, and
senior associate Korin Knights, acting alongside Watson Farley
& Williams LLP as lead legal counsel.
Adam, Head of the Finance group in Bermuda, commented "It was
a pleasure to be instructed to support on such a significant
matter. The TXF Perfect 10 Awards recognition showcases the
strength and depth of our Finance team in Bermuda, as well as our
specialist expertise in the shipping sector".
PRESS RELEASE
24 June 2025
Acting On Transport Export Finance Deal Of The Year 2024 And Global Deal Of The Year 2024 At The TXF Perfect 10 Awards
Walkers
Contributor
Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
We are pleased to announce that a deal on which we advised has won both the Transport Export Finance Deal of the Year 2024 and Global Deal of the Year 2024 at the TXF Perfect 10 Awards.