Contact details

Martin Green

T: +65 6226 1600 Email Martin | Vcard Office: Singapore

Awards

Leading Individual for Asset finance: Foreign firms

Leading Individual for Asset finance: Foreign firms

Leading individual for Shipping International Finance - International Firms - Singapore

Leading individual for Shipping International Finance - International Firms - Singapore

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

Martin Green Managing Partner

Contact details

Martin Green

Martin Green
Managing Partner

T: +65 6226 1600 Email Martin | Vcard Office: Singapore

Martin is the managing partner of the Singapore office, with over 25 years of experience in Asian transportation. He is regarded as one of Asia’s leading practitioners in the field by legal directories such as Chambers, The Legal 500 Asia Pacific, Who's Who Legal and Euromoney’s Guide to the World's Leading Lawyers.
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Martin has a pre-eminent reputation in the financing of transportation assets, particularly in the shipping and offshore fields and he has amassed an impressive list of clients including the world’s leading ship finance banks, arrangers, ship owners and operators. He frequently acts for them on leasing, bank finance, finance structuring, restructuring and workouts, derivatives-based finance, shipbuilding contracts, flagging issues, charters and sale purchase matters. He also has significant experience in complex lease-based financing of transportation assets.

His work involves advising on, negotiating and documenting shipping and offshore transactions in the region including both bank and owner work as well as advising on shipbuilding, sale and purchase and leasing transactions. In recent years, Martin has acted for large banking syndicates and individual banks in the fall out arising from the insolvency/restructuring of Asian shipowners, including leading international legal teams advising on issues arising from cross-border insolvency matters and their impact on ship finance loan arrangements and security.

"Always providing bespoke, timely and insightful advice."
Chambers Asia Pacific 2015

  • Ship and offshore finance
  • Restructuring and insolvency

Bank of China

Advising Bank of China on a US$517 million pre and post-delivery financing to Pacific International Lines to finance 14 container ships being built in China. This was the first ship financing backed by Sinosure lease insurance policieswithTrade Finance magazine describing the deal as a “landmark for ship finance”.

ABN AMRO

Advising ABN AMRO on a US$640 million syndicated pre and post-delivery ECA backed financing for the acquisition of twenty vessels. This was for the deployment on long term COA charters to a South American mining company. This involved 10 ships being built in China and 10 ships being built in Korea.

Syndicate of European and Asian lenders

Acting for a syndicate of European and Asian senior Lenders in the loan to four borrowers to acquire 4 bulk carrier vessels for long term contract of affreightment to power companies in the Korean market.

Opus Offshore

Advising Opus Offshore on the US$200 million acquisition of two semi-submersible rigs and the US$90 million standby credit facility, as well as subsequently advising on the bond take out financing package.

South American mining company

Advising South American mining company in relation to the sale of ten large bulk carriers to an Asian owner and the subsequent chartering of these vessels upon their respective deliveries from the new owner under long-term contracts.

More: Ship and offshore finance

Syndicate of lenders

Acting for a syndicate of lenders in the restructure of a substantial loan to a Korean ship operator, involving novel issues relating to preserving existing security whilst restructuring the underlying commercial contracts.

Syndicate of two banks

Restructure of substantial debt on a charter-backed loan for a syndicate of two banks involving restructure of associated contracts. This was a complex year-long restructure of a loan to a privately-held shipping group with strong links to the PRC market. It has included the complex restructuring of loan-linked derivatives.

European bank

Advised on the complex restructuring of the pre and post-delivery financing and bareboat charter of vessels to subsidiaries of Indonesian shipping company, involving the restructure of what currently amounts to six transactions.

Private equity company

Acting for Asian private equity provider on the restructure of the bank debt of a listed Indonesian company.

Indonesian offshore operator

Acting for a listed Indonesian offshore operator in the restructure of its debt secured on offshore assets.

More: Restructuring and insolvency
  • Shipping
  • Offshore
  • Banks and banking

Syndicate of 3 European lenders

Acting for a syndicate of 3 European banks in loans covering 12 Vessels under construction, a number of which are backed by the Sinosure credit policy, involving a novel cross-collateralisation structure devised by us for the transaction.

Syndicate of European and Asian lenders

Acting for a syndicate of European and Asian senior lenders in the loan to four borrowers to acquire 4 bulk carrier vessels for long term contract of affreightment to power companies in the Korean market. This also involved discussing coordination and subordination arrangements with junior lenders.

DNB Bank ASA

Acting for DNB Bank ASA on a US$398 million syndicated loan to Thai shipping company, involving security over 15 vessels. The syndicate comprised of 5 banks.

Singapore bank

Acting for a major Singapore bank on the financing of two very large ore carriers for a Singapore-based owner.

More: Shipping

Opus Offshore

Advising on the US$200 million acquisition of two semi-submersible rigs and the US$90 million standby credit facility, as well as subsequently advising on the bond take out financing package.

ABN AMRO Bank N.V.

Advising ABN AMRO Bank N.V. as agent for a K-sure covered US$162 million secured pre and post-delivery financing provided in favour of a European owner for its acquisition of a 155,000 cubic metre ice-class LNG carrier.

Leading European banks

Advising on the finance of an LNG vessel under construction in Korea, including advising on complex two-tier quiet enjoyment arrangements and restructuring the transaction to reflect new chartering arrangements.

More: Offshore

Syndicate of lenders

Acting for a syndicate of lenders in on the restructure of a substantial loan to a Korean ship operator, involving novel issues relating to preserving existing security whilst restructuring the underlying commercial contracts.

Bank of China

Advising Bank of China on a US$517 million pre and post-delivery financing to Pacific International Lines to finance 14 container ships being built in China. This was the first ship financing backed by Sinosure lease insurance policies with Trade Finance magazine describing the deal as a “landmark for ship finance".

ABN AMRO

Advising ABN AMRO on a US$640 million syndicated pre and post-delivery ECA backed financing for the acquisition of twenty vessels. This was for the deployment on long term COA charters to a major South American mining company and involved 10 ships being built in China and 10 ships being built in Korea.

More: Banks and banking
  • Korea
  • Indonesia

Syndicate of lenders

Acting for a syndicate of lenders in the restructure of a substantial loan to a Korean ship operator, involving novel issues relating to preserving existing security whilst restructuring the underlying commercial contracts.

Syndicate of European and Asian lenders

Acting for a syndicate of European and Asian senior Lenders in the loan to four Borrowers to acquire 4 bulk carrier vessels for long term contract of affreightment to power companies in the Korean market. This also involved discussing coordination and subordination arrangements with junior lenders.

Leading European banks

Advising on the finance of an LNG vessel under construction in Korea, including advising on complex two-tier quiet enjoyment arrangements and restructuring the transaction to reflect new chartering arrangements.

More: Korea

Private equity company

Acting for Asian private equity provider on the restructure of the bank debt of a listed Indonesian company.

Indonesian offshore operator

Acting for a listed Indonesian offshore operator in the restructure of its debt secured on offshore assets.

European bank

Complex restructuring of the pre and post-delivery financing and bareboat charter of vessels to subsidiaries of Indonesian shipping company, involving the restructure of what currently amounts to six transactions.

More: Indonesia

Awards

Leading Individual for Asset finance: Foreign firms

Leading Individual for Asset finance: Foreign firms

Leading individual for Shipping International Finance - International Firms - Singapore

Leading individual for Shipping International Finance - International Firms - Singapore

Winner - The i-law Maritime Law Award

Winner - The i-law Maritime Law Award

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