As the largest dedicated maritime legal practice in the world, we can steer your business through every aspect of this global industry.
Responding to the cyclical nature of the global maritime sector requires a deep understanding of trade patterns and investment priorities. For 35 years, our long-established and highly regarded team has helped clients confidently address the ups and downs of the shipping industry. As an industry leader (ranked Band 1 by Chambers & Partners for shipping in 11 jurisdictions including Asia-wide and Global), we continue to lead some of the most complex, cross border and high value maritime matters in the world.
Our unrivalled understanding of the shipping industry, and reputation for international financial expertise and commercial approach, attract clients from across the sector, including major shipowners, charterers, ship managers, P&I and FD&D insurers, investors, banks and other financiers with substantial shipping portfolios. With all our clients, we aim to build long-standing relationships and provide pragmatic, definitive advice.
In this article, we look at an interesting decision from the English Commercial Court concerning the implication of terms into guarantees, which may raise alarm bells for some parties in the maritime sector.
Ship-owning joint ventures are a common occurrence in today’s market. This article explores the “Steel Split”, a mechanism that is somewhat unique to maritime joint venture documents.