Clifford Chance advised ICBC Leasing, a subsidiary of China's largest bank, the Industrial and Commercial Bank of China, on a joint venture with shipping company Bernhard Schulte Group, Hamburg, Germany.

The company's particular focus lies on the production of special vessels. The object of the joint venture is the operation of offshore wind farm vessels in the North Sea. The German antitrust authorities (Bundeskartellamt) have already granted the required clearance for this joint venture.

The Clifford Chance team was led by partner Dr. Jörg Rhiel and comprised partner Dr. Andreas Dietzel, associate Dr. Neda von Rimon und transaction lawyer Moritz Erdmann (all Corporate), partner Dr. Uwe Schimmelschmidt and counsel Dr. Marie-Theres Rämer (both Tax), all Frankfurt, as well as partner Marc Besen (Düsseldorf/Brussels) and senior associate Dr. Dimitri Slobodenjuk (Düsseldorf, both antitrust). The Clifford Chance office Hong Kong was involved with partner Alastair Craig MacAulay and associate Jay Shi, both Banking & Finance.