Advising a diverse range of vessel owners, operators, alongside financial institutions and investors, the team at Cozen O'Connor continues to advise on the full range of shipping financing matters. The group is frequently engaged in asset-based loans, mergers and acquisitions matters, and government-guaranteed credit facilities. Joshua Stein is a key contact for cross-border work, with extensive experience advising on financing vessels registered in jurisdictions outside the US. For matters concerning trade regulation and foreign investment, Matthew Howell is a key point of call. Rachel Schwartz undertakes a range of work in antitrust and wider government-involved matters, where she has experience in handling government investigations and federal grant applications. Kathryn Sobotta is well-placed to advise on a range of vessel charter agreements and private equity investments within the space. In New York, Geoffrey Ferrer handles the full range of shipping matters, including bankruptcies and commercial disputes. Ferrer steers the practice alongside David Heffernan, Robert Magovern, and Jonathon Foglia. Jeff Vogel left the firm in April, 2025. Members of the team are based in Washington DC, unless otherwise stated.
Shipping: finance in United States
Cozen O'Connor
Responsables de la pratique:
David Heffernan; Robert Magovern; Geoffrey Ferrer; Jonathon Foglia
Autres avocats clés:
Joshua Stein; Matthew Howell; Rachel Schwartz; Kathryn Sobotta
Principaux clients
Seadrill Limited, J.P. Morgan SE and J.P. Morgan Securities plc
Costamare Inc. and Costamare Bulkers Holdings Ltd.
Easterly Tankers Holdings I LLC
Easterly Offshore Holdings IV AS
BOP Holdings LLC
Citibank NA and Citibank Global Markets Inc.
Costamare, Inc.
National Association of Waterfront Employers (NAWE)
Principaux dossiers
- Acted as joint counsel for Seadrill Limited, Seadrill Finance Limited, and certain of its Marshall Islands entities, as borrowers or guarantors, J.P. Morgan SE, as administrative agent for a revolving credit facility, and J.P. Morgan Securities plc, as lead representative for the initial purchasers of high yield notes issued by Seadrill Finance Limited.
- Advising Easterly Offshore Holdings IV AS in connection with a senior secured term loan facility in an amount up to USD 98,400,000 to be provided by Macquarie Bank, London Branch, and a mezzanine facility in an amount of up to USD 34,800,000 to be provided by Flexpoint Ford, LLC, to finance the acquisition of two Norwegian flag construction support vessels.
Holland & Knight
The team at Holland & Knight handles a diverse case load, advising on Jones Act-compliant investments, vessel purchases, and wider ship financing issues. Alongside this, the group is expanding its financing around environmental and sustainability-related issues within the sector, including ship recycling, oil pollutions and carbon dioxide emissions reductions. Mike Timpone jointly leads the team, where he is frequently engaged in a range of distressed asset restructurings, acquistions and joint venture agreements. He leads the team alongside Sophia Agathis, who is a key contact for banks, credit funds, and wider institutional lenders. For global securities offerings and cross-border mergers and acquisitions, Jovi Tenev is a specialist. Nicholas Kaasik further strengthens the team with his expertise in debt financing, where he represents US and international shipowners, banks, and private credit funds. Timpone, Agathis, and Kaasik joined the firm alongside Kurt Plankl from Seward & Kissel LLP in April 2025. All individuals mentioned are based in New York.
Responsables de la pratique:
Mike Timpone; Sophia Agathis
Autres avocats clés:
Jovi Tenev; Nicholas Kaasik; Kurt Plankl
Les références
‘The team had very strong industry and service level knowledge.’
‘Mike Timpone is a true industry leader who always knows how to handle difficult situations and provide practical advice.’
‘Sophia Agatis is extremely service-minded, hardworking, and knowledgeable.’
Principaux clients
Centerline Logistics Company
Citibank, N.A.
Crédit Agricole Corporate & Investment Bank
Deutsche Bank AG
DNB Bank ASA
EnTrust Global (Blue Ocean Funds)
First Citizens Bank
ING Bank N.V.
International Seaways, Inc. (NYSE:INSW)
PNC Bank, National Association
Principaux dossiers
- Represented Blue Ocean Onshore Fund LP in connection with a $391 million senior secured term loan guaranteed by SEACOR Marine Holdings Inc.
- Acted for International Seaways in connection with a $331 million export credit agency–guaranteed financing facility to partially finance the construction of six LR1 scrubber-fitted, dual-fuel (i.e., LNG-ready) vessels.
- Represented DNB Bank ASA and JPMorgan Chase Bank, N.A. as lenders and arrangers in connection with a $250 million senior secured revolving credit facility made available to Tidewater Inc.
Jones Walker LLP
Advising clients spanning blue-water vessels to maritime lenders and borrowers, the team at Jones Walker LLP is well-versed in a range of financing work, including divestitures, restructurings, and asset purchases. In particular, the group excels at offshore wind work, supporting clients in joint ventures, vessel construction, and marine supply chain transactions. Leading the group is William Baldwin, who is regarded for his experience in representing lenders and borrowers on the domestic and international markets. Working alongside him is J. Kelly Duncan, who is well-versed in terminal tariffs, marine acquistions and forfeitures. For coastwide trade issues, Cindy Muller in Houston is the first point of call. Undertaking a variety of purchase and sale agreements, Christopher Ulfers also serves as counsel for the marine services division of a midstream energy partnership. Rounding out the team is Ilsa Luther, who advises on a diverse range of matters, including purchase contracts and ship mortgage financings. The team is based in New Orleans, unless stated otherwise.
Responsables de la pratique:
William Baldwin
Autres avocats clés:
Kelly Duncan; Cindy Muller; Christopher Ulfers; Ilsa Luther
Principaux dossiers
Seward & Kissel LLP
The Maritime team at Seward & Kissel LLP continues to advise on a broad array of shipping financing matters, including capital market transactions, securitization, and wider commercial shipping mandates. The group specializes in advising public companies, alongside having extensive experience working with the US Coast Guard and the Maritime Administration on a range of US-flag matters. Keith Billotti is frequently engaged by banks, investors, and money managers, where he provides counsel on listings and wider M&A matters. He leads the team alongside Susanne Burstein, who joined the team from Watson Farley & Williams (New York) LLP in July 2025. Focusing on corporate securities, Edward S Horton is well-versed in advising domestic and international issuers and underwriters. Rounding out the team are Madison Pesce and Michael Indelicato, who are key names for capital market transactions in the space. Christopher Belisle and John Benson have both joined the New York-based team.
Responsables de la pratique:
Keith Billotti; Susanne Burstein
Autres avocats clés:
Edward Horton; Madison Pesce; Michael Indelicato; Edward Horton; Christopher Belisle; John Benson
Les références
‘Seward & Kissel’s shipping team is knowledgeable, professional, and conscientious, being great co-counsel to work with.’
‘Keith Billotti and Edward Horton are at the top of their game. Keith works very hard, has your back, and will work in a fully integrated manner to present a united team to the client. Ted’s calm assurance and thoughtful approach give you confidence in his advice.’
‘The team demonstrates a high level of professionalism and efficiency in handling complex matters.’
Principaux clients
DNB Bank ASA
Scorpio Tankers Inc.
SFL Corp. Ltd.
CMB.TECH NV
TORM plc
FLEX LNG Ltd.
Frontline Ltd.
Scorpio Tankers Inc.
Arctic Securities
OceanPal Inc.
Diana Shipping Inc.
Pangaea Logistics Solutions Ltd.
Principaux dossiers
Watson Farley & Williams (New York) LLP
The team at Watson Farley & Williams (New York) LLP continues to advise a global client base, including international banks and major cruise liners, on a broad spectrum of financing matters. In particular, the group is frequently engaged in matters involving Greece-based US public shipping companies, including advising Greece-based ship owners on New York capital market listings. Steven Hollander primarily handles equity investments and public and private securities offerings. For matters involving the Securities Exchange Act and stock exchange rules, Filana Silberberg is the first point of call. Also well-versed in the stock market, Will Vogel advises clients on IPOs, private placements, and follow-on public offerings. Maxi Adamski-De Visser is another notable name in the group, where she works on cross-border and domestic asset-based finance transactions. Rounding out the team is C J Chido, who frequently advises on matters involving Marshall Islands and Liberian corporate and maritime law. The group is based in New York. Susanne Burstein left the team in September 2025. Christopher Belisle and John Benson have both left the firm.
Autres avocats clés:
Steve Hollander; Filana Silberberg; Will Vogel; Maxi Adamski-De Visser; C J Chido
Les références
‘Watson Farley is my go to everytime when it comes to shipping. They are smart, commercial and responsive.’
‘Steve Hollander is fantastic. Super smart and pragmatic. He leaves no stone unturned.’
‘The group has deep knowledge of the shipping sector, combined with expertise in capital markets & finance.’
Principaux clients
Marla Investments
SEACOR Marine
First Citizens Bank & Trust Company
Global Ship Lease
Globus Maritime Limited
Dynagas
Mitsui O.S.K. Lines
Royal Caribbean Group
Okeanis Eco Tankers
Rubico
Performance Shipping Inc.
Seanergy Maritime Holdings Corp.
Top Ships Inc.
United Maritime Corporation
Principaux dossiers
- Advised Marla Investments Inc. (“Marla Investments”) on its acquisition of the majority of the issued and outstanding shares from certain shareholders of EuroHoldings Ltd (a NASDAQ-listed container shipping company), all of whom were associated with the Pittas family.
- Advised MAG Offshore Investments LLC, a joint venture between three leading players in the maritime industry – EnTrust Global Partners Offshore LP/Maas Capital Partners , Goldenport and Allianz as the purchaser in the acquisition of a 20-vessel offshore support vessel fleet from Singapore-listed Atlantic Navigation and all of the connected chartering, management, joint venture and financing arrangements.
- Advised MET Group (“MET”) on its investment, by way of a partnership agreement with Celsius Group (“Celsius”), in one modern LNG carrier to be constructed by China Merchants Heavy Industry (Jiangsu).
Blank Rome LLP
Responsables de la pratique:
Anthony Salgado
Principaux dossiers
Norton Rose Fulbright
Advising on the full gamut of shipping finance transactions, the team at Norton Rose Fulbright has significant cross-border capabilities, supporting clients in the Marshall Islands, Norway, and Singapore. Recently, the group has been advising on a range of liquified natural gas projects, including the financing of new LNG and LPG carriers and floating storage regasification units. Based in New York, heading the team is Brian Devine whose expertise spans insolvency matters to international commercial transactions and disputes. Devine is licensed to practice in the Marshall Islands and frequently consults on transactions based in Liberia. Houston’s Josh Agrons is well-placed to handle the full spectrum of capital markets-related issues, including advising on high-yield note offerings and debt restructurings. Kassandra Savicki, based in New York, is a key point of contact for public companies, where she routinely advises on compliance matters and venture structuring.
Responsables de la pratique:
Brian Devine
Autres avocats clés:
Josh Agrons; Kassandra Savicki
Les références
‘A leading ship finance practice for years with an invaluable depth of experience.’
‘Brian Devine in New York excels in putting together and leading cross-jurisdictional teams in complex transactions.’
Principaux clients
Abu Dhabi Commercial Bank PJSC; Arab Banking Corporation
Credit Agricole
National Australia Bank Limited
Citibank, N.A.
Tidewater
MOL
Auxilior Capital Partners, Inc.
Maritime & Merchant Bank ASA
Société Générale
Principaux dossiers
Reed Smith LLP
The transportation team at Reed Smith LLP has a global reach, leveraging its network to act on matters spanning the Marshall Islands to the UAE. The group has experience advising on matters involving the US Jones Act, alongside supporting clients in navigating current US tariffs. New York’s Han Deng is the first port of call for shipowners, operators, and financial institutions due to her experience in complex financing matters and advising in financial compliance matters. Working alongside her in New York is Alice Colarossi, who undertakes a range of work in financing vessels, M&A transactions involving shipping companies, and the chartering of vessels. John McWilliams acts from Tysons and is well-versed in handling commercial agreements, including vendor and supplier contracts and structuring partnerships. Rounding out the team in New York is Josephine Chang, who is a key name for asset and equipment finance transactions. Richard Hakes leads the team from London.
Responsables de la pratique:
Richard Hakes
Autres avocats clés:
Han Deng; Alice Colarossi; John McWilliams; Josephine Chang
Principaux dossiers
Vedder
Leveraging a global network, Vedder‘s shipping finance offering is comprehensive, advising clients on a broad range of maritime and offshore assets, including offshore construction to ferries. The group adeptly handles a diverse array of matters, including debt capital market transactions, cross-border leases, and export-credit facilities. John Imhof Jr is a key contact for investors, drawing on his three decades of experience to advise clients on investing in companies, joint ventures, and distressed debt. Working alongside him is Hoyoon Nam, who is qualified in New York, England & Wales, and the Marshall Islands; Nam specializes in asset financing. In Washington DC, Anthony Renzi frequently undertakes matters regarding clients in public and private equity. For large-scale vessel financing and refinancings, John Geager is a notable name. Geoffrey Kass leads the team from Chicago. All individuals mentioned are based in New York, unless otherwise stated.
Responsables de la pratique:
Geoffrey Kass
Autres avocats clés:
John Imhof Jr; Hoyoon Nam; Anthony Renzi; John Geager
Les références
‘Vedder Price’s Shipping Finance team is excellent to work with. They combine very strong technical knowledge with a practical, commercial approach that makes transactions run smoothly, even under tight timelines. The team is responsive, well organised, and easy to deal with.’
‘Vedder Price stands out for partner involvement, consistency of service, and a real focus on finding solutions rather than just identifying issues.’
‘Hoyoon Nam in particular is outstanding. He is very knowledgeable in shipping finance and extremely practical in his advice. He anticipates issues, explains things clearly, and keeps matters moving efficiently. He is a real pleasure to work with.’
Principaux clients
BW Epic Kosan
The BW Group
BW LPG
Constellation Oil Services S.A.
European Bank for Reconstruction and Development
First-Citizens Bank & Trust Company
Hafnia Limited
HSBC Bank USA, National Association
Maritime Partners, LLC
Pareto Securities
Villa Vie Residences Incorporated
Windstar Cruises, LLC
Principaux dossiers
Vinson & Elkins LLP
The maritime and offshore team at Vinson & Elkins LLP remains active, advising on a range of renewable and clean energy projects, including representing clients in transactions involving liquefied natural gas, natural gas liquids, and the development of floating liquefied natural gas facilities. Other areas of expertise for the team include advising on Jones Act compliance and on matters relating to offshore supply and other support vessels. Recent highlights for the team include advising on an asset-based senior secured bridge loan credit facility and the acquisition and financing of an LNG tanker. John Michael, based in Houston, leads the team, where he has extensive experience in wider maritime transactions alongside advising on the export of crude oil and dry-bulk commodities.
Responsables de la pratique:
John Michael
Principaux dossiers
Winston Taylor
The Maritime & Admiralty group at Winston Taylor are particularly strong in project finance transactions, working alongside public and private lenders, project sponsors, and equity investors. Beyond this, the team also has experience advising on Jones Act financing and foreign investments in Jones Act vessels and companies. The group also has expertise in offshore wind. A recent highlight for the group includes representing investors in the operation and maintenance of two floating production offshore storage vessels. Charlie Papavizas heads the team, where he frequently represents shipowners, marine construction companies, and financial institutions. Bryant Gardner, who specializes in maritime government contract negotiations and disputes. Both Gardener and Papavizas act from Washington DC.
Responsables de la pratique:
Charlie Papavizas
Autres avocats clés:
Bryant Gardner
Les références
‘Winston & Strawn LLP has experts in the shipping and finance areas. They excel in the Jones Act trade for shipping.’
‘Charlie Papavizas is considered the King of the Jones Act.’
‘Charlie Papavizas is the go-to attorney for maritime issues.’
Principaux clients
Liberty Green Logistics
Nauticus Robotics
Murphy Oil Corporation
Mission Critical Electronics
Principaux dossiers
- Advising Murphy Oil Corporation on the purchase and charter of a floating production storage and offloading vessel operating in U.S. waters, a strategic acquisition enabling our client to achieve a reduction in operating costs of nearly $US60 million annually.
- Representing Mission Critical Electronics in the acquisition of Magnus Marine Limited, a leading provider of bespoke marine power conversion systems for use in the superyacht market, and its Dutch subsidiary, Magnus Marine B.V.
- Representing institutional investors in connection with a US$475M private placement financing secured by a contract for the refurbishment, chartering, operation and maintenance of two floating production offshore storage vessels.