What we do in Shipping
 
We represent the full spectrum of those involved in the industry, including shipowners and charterers,  banks, international agencies, shipyards, marine insurance underwriters, governments and brokers.

Dry shipping

The firm has practice in this area and is considered a local leader in dry shipping and transport work. The matters we handle include charterparties, bills of lading, other carriage contracts, shipbuilding and construction contracts, employment and personal injury, insurance and risk management, trading (physical and financial freight). Our marine insurance lawyers are recognised as industry leaders in this field.

Admiralty and Crisis Management
Extensive global crisis management experience and have been retained to act on many of the highest profile shipping casualties in recent years. This includes work on collisions, salvage, wreck removal, total loss, piracy and terrorism, oil pollution and other environmental damage.

Ship and Offshore Finance

We have a  ship finance practice, acting for ship across large areas of the shipping and offshore sectors. Our work includes advising on all forms of finance including syndicated, club and bilateral debt financings as well as leasing, export credit financings, seller's credits, derivatives and other credit enhancement products, bond issues and other forms of capital raising.

With the continued pressure brought to bear by the global financial crisis, we have recently been working with a number of the world's leading ship finance banks and owners on matters in relation to, in particular, loan agreements, loan restructuring and work-outs, loan (including ship mortgage) enforcement and insolvency issues.

Transactions and Regulation
We provide the full range of transactional services required by clients in the shipping and offshore sectors such as:

  • Capital raising (debt and equity)
  • Sales, mergers and acquisitions of shipping companies
  • Shipping funds (both offshore and onshore)
  • Private equity transactions in the shipping sector
  • Reorganisations and restructurings
  • Advising on corporate governance issues
  • Advising on second-hand sale and purchase of vessels
  • Shipbuilding contracts
  • Ship recycling
  • Ship registration
  • Charterparties
  • Pooling and management agreements
  • All forms of joint venture agreements and strategic partnerships, including between shipping companies.

In addition, we provide extensive advice on the regulations governing the maritime sector, including (but not limited to) MARPOL, SOLAS, MLC, and Hague-Visby Rules. Recently, we have advised on international trade regulations and sanctions, particularly those adopted at UN, EU, UK, UAE, French and Australian levels, and we regularly co-ordinate advice from other jurisdictions, such as the United States, South Korea, Bermuda, Singapore and Switzerland.

We also provide specialty transactional and regulatory advice, including:
The requirements and applications for authorisation by local companies and branches of overseas companies, and passporting in the EEA, both on an establishment and services basis.
Whether derivatives transactions, guarantee and indemnification arrangements constitute insurance contracts and their regulatory treatment.

Restructuring, including insolvency, solvent schemes of arrangement and insurance business  transfers.
Competition law, including the review of the EU exemption for the International Group Agreement and the EU Commission's sector enquiry into business insurance.
Appointed representative, multiple principal and terms of business agreements (TOBAs), underwriting agency, third party administration and outsourcing arrangements.
Letters of credit, trusts and other forms of security.

Personal Injury
We have a strong Personal Injury practice that has expanded significantly over the past five years. The practice developed as a result of our renowned expertise in shipping and the injuries suffered by crew, passengers and stevedores. Whilst this still remains at the core of our practice, we have also built up a strong reputation in dealing with accidents across many of our other core sectors.

The team has handled an unparalleled variety of instructions from high-profile clients across the marine sector, including underwriters and their insureds, ship owners and their agents, cruise and ferry operators, shore-based logistics providers, and oil and gas companies.

Our team's in-depth knowledge in their field ensures they are able to deal with all aspects of an accident. Our particular expertise includes:
Accidents at sea
The impact of piracy/hijackings on crews
Injuries sustained in the energy industry
Injuries sustained when transporting or travelling
Claims arising out of port work
Occupational disease
Accident investigation
Assessment of liability
Assessment of quantum

At all times our aim is to protect our clients' interests by reacting quickly to accidents and assembling a team promptly to handle the variety of issues which can arise.

'Proactive'
                   - Legal500, 2012

Uttam Hathi- Leading Mergers & Acquisition Lawyer
                  - IFLR

Uttam Hathi- Leading Corporate/ M&A Lawyer in India
                    - Asia Law Profiles

'Creme-de-la-Creme for Corporate mandates'
                    - Worldlawyers.NET
 

'Uttam Hathi detangled the problem with a better business road map'
                    - Gulf News

'..exceptional at Corporate and project work, Uttam Hathi is considered at the top of his game'
                    - Khaleej Times

‘..is a dominant force within Indian admiralty, maritime and shipping market’
                    -The Asia Pacific Legal 500, 2007/2008

‘..has distinguished strengths in shipping claims’
                    -The Asia Pacific Legal 500, 2008/2009

..the firm has a dedicated shipping practice that covers disputes, transactional matters and finance’
                    -The Asia Pacific Legal 500, 2008/2009

‘..is widely respected for its wet and dry shipping expertise’
                    -The Asia Pacific Legal 500, 2009/2010

‘extremely good for shipping work’
                   
 -The Asia Pacific Legal 500, 2010/2011