Mark Russell

Mark Russell

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Stephenson Harwood LLP
1 Finsbury Circus
United Kingdom

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T: +44 20 7809 2600

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brilliant lawyer, professional service and client friendly approach

Chambers UK 2013

Mark is a partner and head of the ship finance group.

He acts for both lenders and borrowers in a wide variety of financing and leasing transactions, primarily in the shipping and offshore markets.

Mark is ranked by the Legal 500 and Chambers UK guides as a leading individual for asset finance and shipping finance.  He is author of a chapter in Euromoney's Shipping Finance.

Mark has 25 years of experience in the ship finance market.

He represents many of the market's leading banks on the whole range of financing transactions in the shipping and offshore markets, including debt transactions, leasing and sale and leasebacks.  He also represents a number of major shipowners on all aspects of their business, both on finance and on contractual issues.  He has negotiated a number of contracts for the building and operation of FPSOs and other offshore equipment.

Mark has been heavily involved in UK tax based leasing, representing a variety of lessees and the banks providing debt into leasing structures. 

He has also worked on Spanish finance lease structures, and represented Banco Santander as the lessor on the first Spanish operating lease used in the shipping market for which the bank was awarded Leasing Deal of the Year in 2008 by Jane's Transport.

Mark has acted for a number of export credit agencies, and the commercial banks working alongside the ECAs.