WFW advises TUI Cruises on methanol-capable Mein Schiff 7

Watson Farley & Williams (WFW) has announced it advised long-standing client TUI Cruises on the delivery of the methanol-capable Mein Schiff 7.

As previously reported, the vessel, TUI Cruises’ seventh ship in the Mein Schiff series built at Meyer Turku’s shipyard in Finland, was delivered earlier this month.

In a statement sent to today (24 June), WFW said its representation of TUI Cruises in the delivery process and in relation to the vessel’s delivery financing was the culmination of a long-running instruction on the ECA-backed financing of the ship effected in tandem with the financing and delivery of all of TUI Cruises’ six other Mein Schiff vessels.

The WFW London Assets & Structured Finance team that advised TUI Cruises was led by Partner Lucy Shtenko, working with fellow Partner Robert Platt and Senior Associate Katie Shiels.

‘We are delighted to have advised TUI Cruises on the delivery of the next addition to its fleet, Mein Schiff 7. It is a beautiful sister ship to Mein Schiff 1 and Mein Schiff 2 and a great inclusion to the TUI Cruises fleet,’ said Shtenko.

‘WFW’s unrivalled reputation for excellence across the maritime sector, especially within the cruise sector, made us the ideal advisers to help TUI Cruises guide this pioneering vessel from its initial financing through to a successful delivery.’

Image: Meyer Turku

Rhys Berry