Joe McGladdery
Partner London
Joe is a Partner in the Maritime Group.
A specialist in the offshore and LNG markets, Joe has over 30 years’ maritime experience. He advises high-profile clients – including LNG owners and operators, offshore contractors, banks and other financial institutions – on a broad range of commercial matters within the maritime space.
His expertise ranges from asset-backed finance transactions, joint venture structures and newbuilding programmes to the chartering and sale, purchase and leaseback arrangements of LNG vessels and offshore units such as floating production, storage and offtake units (FPSOs), floating storage and regasification units (FSRUs) and drilling units.
Joe is especially well known for his extensive experience advising on FSRU projects, including FSRU procurement and contracting strategies, drafting and negotiating contract terms for construction and conversion, charter agreements, O&M agreements and funding models and arrangements.
In addition to his many years in private practice, Joe has real, direct industry experience, having worked as general counsel for Qatar Gas Transport Company Ltd. in Doha.
- Advising Nippon Yusen Kabushiki Kaisha on the construction arrangements for a series of newbuild LNG vessels, in addition to their long-term charter contracts with affiliates of Electricité de France.
- Advising Teekay on the terms of its construction contracts and chartering arrangements in respect of a series of LNG carriers for the Yamal LNG Project.
- Advising NYK on the construction and long term chartering arrangements of a series of newbuild LNG carriers with TotalEnergies.
- Advising a major offshore contractor on the terms of its EPCIC and O&M arrangements for an FPSO to be operated offshore Western Australia.
- Advising Genesis Energias on the chartering of a LNG FSU for the loading, storage and discharging of LNG as part of an LNG-to-power project in Honduras.
- Advising a consortium of lenders on the financing of an FSRU under its contractual arrangements servicing GNA’s Porto Acu LNG-to-power project in Brazil.
- Advising Snam on its US$350m acquisition of FSRU owner Golar LNG NB13 Corporation from its parent company Golar LNG and the subsequent contractual arrangements regarding the development of Snam’s LNG import terminal at Piombino, Italy.
- Advising Equinor on the acquisition and construction of an FPSO from MODEC for the development of the ultra-deep-water oil and gas field Bacalhau Field in Brazil.
- Advising Snam on its US$400m acquisition from BW Gas Cyprus Limited of an FSRU and subsequent contractual arrangements for the development of Snam’s LNG import terminal at Ravenna, Italy.
- Advising NFE on the sale and leaseback arrangements between it and Energos Infrastructure for the ownership and operation of eight FSRUs and three LNGs.
- Advising NFE on its charter arrangements for the provision of an FSRU at the Eemshaven terminal in the Netherlands.
