Slaughter and May advised Maistros Shiptrade Limited on its acquisition of Altera Shuttle Tankers

Slaughter and May acted as global deal counsel to Maistros Shiptrade Limited, a company affiliated with the Angelicoussis Group, on its acquisition of Altera Shuttle Tankers LLC (“Altera”), a wholly-owned subsidiary of Altera Infrastructure LP. Altera is a leading shuttle tanker provider that owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.

The Angelicoussis Group is one of the world’s largest privately-owned shipping groups, with 144 vessels on the water and 23 vessels (including three shuttle tankers) on order. Dating back to 1947, the Group has a long family legacy providing best-in-class shipping services to the LNG, tanker and dry bulk markets.

Completion of the transaction is conditional upon receipt of relevant regulatory approvals. Subject to receipt of such approvals, completion is expected to occur in the first half of 2025.

Corporate
Richard Smith Partner
Richard Hilton Partner
Oliver Gratton Associate
Robert Longman Associate
Katie Bolger Associate
Charlie Edmonds Associate

Jan Domingo Alsina / Trainee, Adam Austin / Trainee

Employment and Incentives
Helen Thompson Associate
Tammy Randall Associate
Competition
William Turtle Partner
Malhar Mahurkar Associate
Technology, Digital, Data and IP
Duncan Blaikie Partner
Alexander Gulli Associate
Issy Spiro Associate
Natasha Pappas Associate
Tax

Amaury de Galbert / Visiting Lawyer

Financing
Ed Fife Partner
Stuti Sarin Associate
Holly Southey Associate
ESG
Samantha Brady Head of Environment and Climate Change
Remi Pfister Associate