Shipping: Finance (International Firms)
Greater China Region Guide 2024 : China
Band 2
Email address
[email protected]Contact number
+852 2810 8008Chambers Review
Reed Smith has a comprehensive shipping practice that is well regarded in the market for its expertise in all facets of shipping finance and litigation. Its impressive disputes practice covers cargo claims and charter party disputes, regularly acting for ship owners, charterers, insurers and P&I clubs as well as cargo owners. Reed Smith is a respected choice for contentious wet shipping matters, including casualties, collisions and wreck removal. The firm continues to handle complex financings for shipping companies and lessors. The team's mandates include the sale and purchase of ships, leasings and restructuring mandates. Clients include Pertamina and CSSC (Hong Kong) Shipping Company.
Work Highlights
- Reed Smith acted for Changhong Group (HK) on the defence of court actions in Hong Kong arising out of the fatal collision between the 'Sanchi' and 'CF Crystal' vessels.
Strengths
Provided by Chambers
"Reed Smith give us the comfort that they are able to deliver advice at short notice without compromising on quality. Our interests are safe in Reed Smith’s hands whenever we need urgent advice."
"Reed Smith is able to transform complicated matters into simple concepts."
"Reed Smith give us the comfort that they are able to deliver advice at short notice without compromising on quality. Our interests are safe in Reed Smith’s hands whenever we need urgent advice."
"Reed Smith is able to transform complicated matters into simple concepts."
Notable Practitioners
Li Lianjun is widely acknowledged for his expertise in complex shipping litigation mandates. His expertise attracts frequent instructions from shipping entities, P&I clubs and insurers.
"Lianjun is a highly regarded lawyer in the shipping industry. His perfect blend of legal knowledge and commercial acumen gives us confidence that our interests are well protected in high-stakes matters."
"He is an experienced partner who always approaches issues in clients' shoes."
Peter Lee offers well-established experience in the shipping finance sector, including sale and purchase, financing and joint ventures, recovery of distressed assets and restructuring matters.
"Peter is responsive in times of need."
Li Min is sought out by shipbuilding, oil and gas, and shipping companies for contentious matters relating to contractual payments, charter parties and ship arrests.
"We are impressed with Li Min's ability to get to grips with thorny issues at short notice and deliver sound advice on an urgent basis."
Donald Sham joins the rankings following market commendation for his shipping litigation practice. He has experience advising on disputes arising from fire accidents, as well as fatal collisions.
"Donald is very on the ball and a good operator."