Asset Finance: Shipping Finance
UK Guide 2025 : UK-wide
Band 2
Email address
[email protected]Contact number
(020) 3116 3000Chambers Review
Reed Smith has a notable shipping practice that works with private equity funds and financial institutions on offshore and shipping finance matters. The firm offers expertise in areas including shipbuilding-related financing issues and loan portfolio transactions. Its noteworthy aviation practice has experience advising on the refinancing and acquisition of loans, advising on sale and or lease of engines and general aircraft transactions. The firm maintains a global practice, with a network of offices in Singapore, Germany, New York and Hong Kong.
Work Highlights
- Reed Smith advised CMB Financial Leasing Ireland on the leasing of two A320-214 aircraft to Canada Jetlines.
Strengths
Provided by Chambers
"They are quick at understanding the problem from both sides and suggesting compromises."
"They are very reliable when we need a response at short notice."
"They are very commercial, quick to respond and aware of what the client is looking for."
"They are quick at understanding the problem from both sides and suggesting compromises."
"They are very reliable when we need a response at short notice."
"They are very commercial, quick to respond and aware of what the client is looking for."
Notable Practitioners
Rob Wilkins chairs the transportation industry group at the firm. He demonstrates an impressive portfolio of transactional shipping work including shipbuilding contracts, large restructurings and M&A.
"He is excellent, knowing the industry inside and out."
"Rob is exceptional. He has the go-to knowledge and understanding, with the commercial overlay to really understand what matters."
Philip Rymer specialises in shipping finance and has a wealth of experience instructing lenders, owners and investors on shipping transactions. He advises on matters such as vessel acquisitions and sales and tanker chartering.
"Philip is an exceptional person and has experience in every type of shipping transaction."
Richard Hakes, the global chair of transportation at the firm, demonstrates experience handling a variety of aviation finance matters including securitisations and restructurings. He frequently acts on behalf of airlines and banks, among other clients.
"He is very pragmatic and commercially minded, but also knowledgeable of the legal issues."
"I recommend Richard to anyone in need of a skilled and reliable external counsel."
"He is a commercially-minded lawyer who always has time to provide a thorough explanation of complex issues."
Christopher Jackson regularly advises clients on leasings and financings related to aircraft and aircraft engines. He is also experienced advising on acquisitions and dispositions.
"He has a deep knowledge of aviation financing law, with an ability to handle complex transactions."
"Chris is really knowledgeable and is so approachable and easy to deal with. A pleasure to work with on all transactions."
Ranked Lawyers at
Reed Smith LLP
UK-wide