Helmsman

Singapore

Analysis

Overview

Specialist shipping firm Helmsman moves up in the tables this year to a well-earned spot as a ‘Highly Recommended’ firm in shipping. It also debuted in the banking and finance, and dispute resolution tables. The firm acts for commodity traders, banks and charterers in high-value, cross-border disputes across the globe. The team also has substantial experience in the mid and downstream liquefied natural gas (LNG) sector, particularly in LNG shipping and chartering and LNG trade disputes. As an affiliate of Hong Kong firm Tang & Co, it houses 18 specialist fee earners, which makes it one of the biggest dedicated shipping and commodities practices in Asia. The key contacts are managing directors Ian Teo and Chong Jun Tang, and directors Maureen Poh and Lynette Koh.

Client feedback

“They provide immediate responses.” – Shipping

“Peerless dedication and commitment to providing the best possible service and legal advice to us. Extremely responsive to follow-ups. Reasonable rates combined with excellent legal advice rendered.” – Shipping

Zhida Chen

“Strong legal acumen combined with a strong commercially minded approach. The combination of both traits are very rare in the legal world.”

Dispute resolution

Work highlights

Acting for Trafigura in a dispute which arose out of the insolvency of Hin Leong Trading.

Advising Weifang JS Trading, a global chemicals trading and manufacturing company headquartered in China, in respect of court proceedings in St Lucia against the issuing bank under the letter of credit for failing to make payment against a compliant presentation of documents under the letter of credit, and a trading dispute vis-à-vis its buyers.

Shipping

Work highlights

Acted for the owners of five bunker tankers in a successful appeal before the Court of Appeal in a landmark judgment on bills of lading arising out of the insolvency of OW Bunker.

Advised a syndicate of nine international banks in respect of the $1.15 billion debt financing for the construction and operation of the floating production storage and offloading vessel to be deployed in the Barossa gas field.

Representing United Overseas Bank in a $43 million claim against Maersk for the mis-delivery of oil cargo without presentation of bills of lading.

Key clients

Keegan Shipping Holdings, Kithnos Special Maritime Enterprise, Prima Marine Public Company, Strofades Special Maritime Enterprises