Contact details

Jonathan Ward

T: +44 20 7809 2081 M: +44 7768 693 184 Email Jonathan | Vcard Office: London

Awards

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

Jonathan Ward Partner

Contact details

Jonathan Ward

Jonathan Ward
Partner

T: +44 20 7809 2081 M: +44 7768 693 184 Email Jonathan | Vcard Office: London

Jonathan is a ship finance expert with a focus on complex, cross-border transactions and restructurings in shipping. Clients value his commercial and pragmatic approach coupled with his broad experience. Jonathan heads our Chinese ship finance practice.
  • Profile
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He has extensive experience of ship finance and commercial shipping matters including complex loan financings, operating and finance leasing, sale and purchase, shipbuilding and construction contracts and corporate acquisitions. Jonathan advises on "big ticket" asset finance transactions worldwide. He represents a broad range of financial institutions (including export credit agencies), major international ship owners and shipyards. He has particular experience in Europe and the Far East. In recent years Jonathan has advised lenders on the Omega Navigation Chapter 11 bankruptcy case, and major restructurings for Torm, Genco and Maritime Equity Partners.

He has been recommended in The Legal 500 for his work within shipping.

  • Ship and offshore finance
Acting for a syndicate of banks on a US$1.2 billion multi-tranche syndicated K-Sure backed loan facility for the partial financing of 7 x 15,400 TEU container ships and 5 x 18,800 TEU container ships, to be made available to wholly-owned subsidiaries of United Arab Shipping Company.

Acting for CEXIM on a US$1 billion post-delivery loan to ICBC Leasing for acquisition of 51 vessels to be bareboat chartered to Bourbon Offshore Group.

Acting on three ECA secured and unsecured loan facilities to AP Moller-Maersk in respect of pre and post-delivery finance for a number of container and product tanker vessels under construction in China.

Advised major creditors on the consensual restructuring of Torm A/S including putting in place a Master Override Agreement as part of the restructuring solution. This restructuring was one of 2012's leading shipping restructuring cases.

Acted as lead advisor to HSH Nordbank in the US$240 million case in relation to claims against Omega for their default under a syndicated loan. This Chapter 11 litigation was one of 2011's leading shipping cases.
 
More: Ship and offshore finance

Awards

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

Latest news & insights

24 Feb 2016

From News

Stephenson Harwood – proud sponsors of The Marine Money Conference, 25 February 2016

Ship finance partners Jonathan Ward, Julie Clegg and Nigel Bowen-Morris look forward to meeting delegates at the industry leading conference.

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.