Ellex Raidla has advised Eesti Gaas on an agreement with the Tallink Group by which Eesti Gaas will provide the Megastar vessel operating between Tallinn and Helsinki with liquified natural gas.
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Cobalt has advised the shareholders of UAB Sekargas Ir Kompanija — a Lithuanian provider of cargo supervision and quality inspection services — on the sale of 70 percent of the company’s shares to J.S. Hamilton Poland S.A. Tark Grunte Sutkiene advised J.S. Hamilton Poland on the transaction, which closed in February following clearance by Lithuania's Competition Council and Commission for Approval of Conformity of Potential Participants to National Security Interests. The value of the transaction was not disclosed.
Debevoise & Plimpton has advised Universal Cargo Logistics Holding (UCL Holding) in the division of the shipbuilding and shipping business of Volgo-Balt Transport Holding (VBTH) with its minority shareholders, whereby the Vodokhod group – the river cruise business of VBTH – was taken over by the minority shareholders and UCL Holding consolidated 100% of VBTH, which has retained control of all of the shipbuilding and water cargo transportation assets. Chadbourne & Parke advised the minority shareholders on the deal.
Balcioglu Selcuk Akman Keki Attorney Partnership, the Turkish arm of Dentons, has successfully advised Orix Aviation Systems Limited and one of its affiliates on the transfer of ownership of one Airbus A320-200 and two Boeing 737-800 aircrafts and their leases to what the firm describes as "a highly reputable airline in Turkey."