Contact details

Mark Lakin

T: +971 4407 3900 Email Mark | Vcard Office: Dubai

Mark Lakin Associate

Contact details

Mark Lakin

Mark Lakin
Associate

T: +971 4407 3900 Email Mark | Vcard Office: Dubai

Mark is an associate in our marine and international trade department. He has specialist expertise in dry-shipping, commodities contracts and oil and gas.
  • Profile
  • Services

Mark has worked on a wide range of contentious and non-contentious shipping matters. He has acted for a wide range of clients, including shipowners, state owned companies, insurers and commodities traders.

He has worked extensively for one of the largest South American state-owned oil and gas companies in a number of drilling rig disputes. This has included disputes under drilling contracts and standby letters of credits.

Mark has advised on a range of commodities cases, from iron ore contract to zinc concentrates. He has also spent time working in-house at a global bank, assisting with their day-to-day commodities contracts work.

Prior to joining Stephenson Harwood in 2014, Mark was an associate at a global international law firm. During his time there he worked extensively for a large steel trader during its restructuring and refinancing in 2013/2014 and also went on secondment to a commodity trading company.

  • Marine and international trade
  • Commodities
  • Shipping litigation

Drilling contract – UNCITRAL Arbitration

Advising a large South American state-owned oil and gas company in a dispute relating to an ongoing drilling contract and a related standby letter of credit. The dispute was multifaceted involving litigation before the High Court, before an UNCITRAL Arbitration Tribunal and the Paris Tribune de Commerce. The dispute also involved numerous real time issues and foreign travel.

Sale contract – enforcement of New York Convention Award

Advising a leading global commodity trading company on a the enforcement in England of a New York Convention Arbitration Award in relation to an iron ore contract which had been obtained in Singapore. Successful in the High Court on the legal grounds for challenging the award. 

Time charterparty – LMAA arbitration – balance of hire / shareholder dispute

Acting for a South American charterer in a balance of hire dispute which involved complex issues relating to a charterparty which included a share purchase agreement. 

More: Marine and international trade

Sale contract – LCIA Arbitration – quality dispute

Advising mining group in a series of quality and other disputes with a major trading company relating to the supply of lead and zinc concentrates.

Sale contract – SIAC Arbitratoin - non-performance of contract

Advised a leading global commodity trading company on a dispute relating to the non-performance of a contract for the purchase of iron ore and under related settlement agreements.

Secondment – Global trade finance / trading bank

Assisted on a series of financing deals (generally repo transactions) involving a range of commodities including petroleum products, cocoa beans, soya beans and palm oil. Assisted on the structuring of these deals and drafted the relevant documentation including sale and purchase contracts, agency agreements, warehousing/tank storage agreements.

Time charterparty – ad-hoc arbitration – cancellation dispute

Advising a state-owned oil and gas company in a cancellation dispute relating to a time charter of an LPG Carrier.

Contract of affreightment – LMAA arbitration – penalty clause/demurrage dispute

Acting for a state owned oil and gas company in relation to a dispute over penalties for missed liftings under a CoA and demurrage.

Voyage charterparty – ad-hoc arbitratoin – jurisdiction / demurrage dispute

Acting for a Greek shipowner in a demurrage dispute involving issues such as commencement of laytime and time-bars. The case also involved novel jurisdiction challenges and obtaining security for owners.

More: Shipping litigation

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