The financial crisis and its subsequent impact on global economic growth caused shipping volumes to fall sharply and the industry to focus on maintaining cash flow, earnings and volumes.
Survival was the watchword, but now activity has begun to rise with growth fuelled by emerging markets.
Our international Shipping group holds a premier position in the market. Through its experience advising a wide-ranging client base, it brings a rounded approach to transactions. Comprising enterprising lawyers with a track record in shipping from areas such as project finance, asset finance and leasing, capital markets, restructuring, tax, and mergers and acquisitions, we offer clients in the shipping sector a complete legal service.
We are the preferred counsel for a broad range of clients including lenders, banks, lessors, lessees, export credit agencies and shipowners. The range of vessels on which we advise include FPSOs, LNG carriers, drillships, container vessels, chemical tankers, VLCCs and luxury cruise ships.
News & insights
News: 02 JUNE 2021
Allen & Overy have advised a private investor on the formation of a joint venture with Ridgebury Tankers, an owner and operator of crude tankers.Read more
Publications: 26 AUGUST 2020
The issue of good faith in commercial contracts is an area in which the English courts have been very active recently.Read more
Publications: 10 JUNE 2020
Senior associate Chris Mitchell leads a discussion with litigation counsel Helen Biggin and litigation consultant Peter Watson about the use and ambit of force majeure clauses and the pitfalls…Read more
Publications: 22 MAY 2020
The market volatility triggered by the Covid-19 pandemic is raising questions about the rights that parties have to exit commercial commitments they have entered into and whether there is any legal…Read more