Shipping: Domestic - Singapore
What the team is known for
Virtus Law's well-reputed team of lawyers in Singapore advises on both shipping finance and litigation. The group is active on enforcements, including ship arrests, advising a number of international and domestic shipping companies on maritime disputes. On the financing side, the team regularly represents leading banks and financial institutions on matters pertaining to ship registration, sale and leaseback, refinancing and shipbuilding contracts. The firm maintains a notable shipping-related restructuring and insolvency practice. Virtus Law is able to provide solid international advice through its association with Stephenson Harwood. Notable clients include Seapeak, Global Loan Agency Services Australia and ANZ Bank.
Strengths
"Virtus Law's service levels and responsiveness are exemplary."
"Virtus write in plain English and are quick to respond. I will go to them first when there is an issue."
Work highlights
Virtus Law advised ABN AMRO Bank on a senior secured multicurrency revolving and term loan to Peacock Asset Company and Peacock Euro Assets.
Notable practitioners
Colin Jarraw is well versed in ship financing, including the sale and leaseback of vessels. He advises international banks and shipping companies on matters in Singapore. "I very much enjoy working with Colin. He is vastly experienced, and extremely responsive and attentive."
Daryll Ng is known in Singapore for his adept handling of dry shipping matters, regularly assisting with cargo disputes, as well as restructuring-related matters. He works with a range of multinational corporates active in the sector, including international banks and shipping companies. "He's very helpful and prompt in his response. He is a Singaporean lawyer who can also advise on English law."
