Stephenson Harwood LLP

Shipping Department

Global-wide
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What the team is known for

Respected global practice with an impressive ability to handle non-contentious and contentious matters. Significant presence across Europe and Asia-Pacific, with noteworthy expertise in multi-jurisdictional mandates. Regularly acts for a mix of banks, insurers, shipbuilders, owners and operators on matters ranging from debt refinancing to offshore drilling contracts. Possesses considerable aptitude for both wet and dry shipping mandates.

Strengths

One market commentator said: "They've made some notable strides on the litigation side."

"They do a great job for their clients and there are some excellent lawyers in that group," said another source.

Notable practitioners

Paris-based Alain Gautron "combines his legal skills with a good knowledge of the shipping sector and his own problem-solving mindset; he finds solutions to problems," said one client. He is well regarded for his broad shipping practice which covers restructurings and leasing as well as acquisitions and financings.

Dean Norton operates a respected practice, acting for international banks, lessors and shipping companies on a number of high-value matters. He is especially noted for his expertise regarding the shipbuilding of LNG carriers and the related financing issues. He is based in London.

Peers say Singapore-based Iain Young is "very senior, and well known in the Far East." He acts for a broad client base and regularly represents lessors, owners and agents in a variety of restructuring and refinancing mandates.

Seasoned finance specialist Mark Russell "has a very good way of assessing the overall situation and can take a step back and look at the whole picture," said one source. His well-established practice sees him advising on shipbuilding matters as well as representing banks in high-value financings. One peer said: "The market holds him in the highest regard." He is based in London.

Martin Green is managing partner of the Singapore office. He is very experienced in shipping-related financing and restructuring, and one client described him as "very knowledgeable in both legal and commercial matters."

Piraeus managing partner Nigel Bowen-Morris is considered an authority on ship finance mandates and is especially active in the Greek market. He has built an impressive client base, comprising several top-tier financial institutions, and regularly advises banks on syndicated loans in the shipping sector.