Chambers Review
Provided by Chambers
Shipping: Finance (International Firms) - China
What the Team is Known For
Wikborg Rein Advokatfirma has a noteworthy team of seasoned shipping finance and litigation specialists. The firm acts predominantly on behalf of financial leasing companies, and also represents shipbuilding groups, offshore companies, P&I clubs and cruise giants. The team provides guidance on matters in relation to joint ventures, restructuring, and sale and leaseback transactions. It also assists with litigation and arbitration procedures concerning salvage, oil pollution and shipbuilding, as well as contractual and charter party disputes.
Strengths
The firm is highly competent, hard-working and responds efficiently.
They are experienced in negotiation and in handling ship projects.
Work Highlights
Wikborg Rein represented Japan P&I and its Korean member in a ship-sinking accident in the Taiwan Strait.
Wikborg Rein Advokatfirma assisted Bank of Communications Financial Leasing with an operating lease transaction involving a second-hand 7,000 CEU PCTC.
Notable practitioners
Ronin Zong is a PRC-qualified lawyer who leads the Shanghai office of Wikborg Rein Advokatfirma and enjoys strong market recognition. His practice includes ship construction, finance and the drafting of charter party agreements.
He has extensive experience in negotiating, identifying risks and handling issues in the shipbuilding contract field.
Chelsea Chen focuses on ship finance, representing leasing houses in operating leases and sale and leaseback transactions.
She has a strong professional ability to meet customer needs.