Shipping: Finance
Asia-Pacific Guide 2024 : Asia-Pacific Region
Band 3
Email address
[email protected]Contact number
+852 2810 8008Chambers Review
Reed Smith is an impressive law firm with a strong regional foothold in both shipping disputes and finance, with a presence in Singapore, Hong Kong and Mainland China and expertise beyond this in Japan, South Korea and Indonesia. It continues to be mandated on high-profile casualties, collisions and dry disputes including shipbuilding contracts and bills of lading, while its financing capabilities span secured and unsecured loans, leasing deals and debt restructuring. The firm is regularly entrusted by market-leading charterers, ship owners, P&I clubs and offshore and commodities companies. It is well placed to assist on cargo claims and claim enforcement.
Key points of contact are Li Lianjun in Hong Kong and Peter Glover in Singapore.
Work Highlights
- Reed Smith acted for China COSCO Shipping with regards to a USD136 million financing transaction with the Bank of Communications Financial Leasing for around 80,000 containers.
- Reed Smith advised The Alliance in relation to the European Commission's consultation regarding the renewal of the Consortia Block Exemption Regulation (CBER) and on general EU competition compliance issues.
Strengths
Provided by Chambers
"Reed Smith gives us the comfort that they are able to deliver advice at short notice without compromising its quality. We think that our interests are safe in Reed Smith's hands whenever we need their urgent advice."
"The team are very knowledgeable - not simply on the law but the nuances as well. They are very responsive and provide practical, comprehensive advice."
"They have very deep and broad expertise in charter party and ship financing."
"The team has a good understanding of ship financing and it comprises many skilled lawyers with long experience."
"Reed Smith gives us the comfort that they are able to deliver advice at short notice without compromising its quality. We think that our interests are safe in Reed Smith's hands whenever we need their urgent advice."
"The team are very knowledgeable - not simply on the law but the nuances as well. They are very responsive and provide practical, comprehensive advice."
"They have very deep and broad expertise in charter party and ship financing."
"The team has a good understanding of ship financing and it comprises many skilled lawyers with long experience."