Watson Farley & Williams Advises Cetus Maritime on US$60 Million Sustainability‑Linked Credit Facility

Watson Farley & Williams advised Cetus Maritime on the successful closing of a US$60 million sustainability-linked credit facility. The transaction establishes a sustainability-linked financing arrangement that incorporates key performance indicators tied to environmental targets. The KPIs focus on reducing carbon emissions intensity and improving energy efficiency across Cetus Maritime’s fleet. Achievement of the specified KPIs will trigger margin adjustments under the facility, reinforcing Cetus Maritime’s commitment to aligning its financing with long-term sustainability objectives and supporting the maritime industry’s transition towards decarbonisation. Cetus Maritime is one of the largest private dry bulk shipping players, formed through the consolidation of leading handysize operators. The group owns and controls a significant fleet of over forty vessels. Watson Farley & Williams represented Cetus Maritime with a Hong Kong maritime team composed by: Partner Dora Ying; Partner Andrew Rigden Green; Associates Gabrielle Wong and Beatrice Kwok.

Watson Farley & Williams Advises Cetus Maritime on US$60 Million Sustainability‑Linked Credit Facility

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