Derling has advised Navirail OU on the sale of the freight and passenger route between Paldiski (Estonia) and Hanko (Finland) to DFDS.
According to Derling, “the agreement includes a four-year time-charter agreement for a ro-pax ship and an earn-out agreement. The transaction is subject to approval by the competition authorities."
The Derling team was led by Partner Rolan Jankelevitsh, and it included Partners Andres Siigur and Toomas Taube, assisted by lawyers Markus Jakobsoo and Kart Karus.
The firm did not reply to our inquiries about counsel for DFDS.