The aviation industry - in particular the private category market - is once again proving to be a bourgeoning sector of the global economy following the effects of the 2008 financial crisis.

Until 2018, ABS transactions in the aviation sector followed a largely similar structure.

Bermuda has long been a jurisdiction of choice for ship owners and investors in ship owning structures.

The new regulations have been spearheaded by the Bermuda Shipping and Maritime Authority as part of its strategy to position the Bermuda shipping offering as best in class.

Bermuda's Economic Substance Act 2018 and Economic Substance Regulations 2018 (and subsequent amendments) set out the requirements that Bermuda-based entities must adopt with regard to economic substance in the jurisdiction.

Owners of a Bermuda flagged ship or yacht who are not resident in Bermuda, or do not otherwise have their principal place of business in the jurisdiction...

Whether such title transfer includes all installed parts (like an APU) would depend on the terms of the contract.

After much anticipation, the Bermuda International Interests In Mobile Equipment (Cape Town Convention) Act 2016 came into operation in Bermuda on 1 January 2018.

Bermuda has historically been and remains an attractive jurisdiction for lenders involved in the financing of the acquisition of both private and commercial aircraft.

Bermuda has a long and enviable reputation as the offshore jurisdiction of choice among ship-owners and investors in ship owning structures.

The aviation industry has been severely impacted by the COVID-19 pandemic.

With the cruise season well underway we are seeing a steady stream of tourists visiting the island after having taken advantage of the all-inclusive on-board hospitality that the cruise lines offer their passengers.

With the worldwide growth of aircraft financing and leasing the need for greater certainty and predictability given the cross border nature of transactions is becoming increasingly important.

All aircraft must be registered with a national aviation authority in accordance with the ICAO for the purposes of identifying the nationality assigned to the aircraft, and designated by the registration mark appearing on the aircraft.

We are pleased to bring you the Conyers Norway Bulletin for 2024, in which we highlight developments affecting Bermuda incorporated companies in the Norwegian market over the past year.

No matter where you fly your personal or private jet, registering your aircraft in Bermuda can provide many advantages over other jurisdictions.

The Corporate Income Tax Act 2023 (the "Tax Act") imposes corporate income tax on certain Bermuda-based entities.

Welcome to the Conyers Global Shipping Digest which is an overview of our significant advice mandates in the global shipping M&A, capital markets and financing sectors over the course of the past twelve months.

No matter where you fly your personal or private jet, registering your aircraft in Bermuda can provide many advantages compared with other jurisdictions.

Welcome to Conyers' 2020 Norway Practice Bulletin. Our annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.