"SH are the closest thing to having an extended in-house legal team. Their commercial advice fits seamlessly into our business."

Chambers UK 2012

"It's the teamwork which impresses most. It's a seamless and effective operation and there's no other team I'd rather work with."

Chambers Asia-Pacific 2012

"A fabulous presence in Asia"

Legal 500 UK 2012

20

PeopleMark Russell

Mark Russell

brilliant lawyer, professional service and client friendly approach

Chambers UK 2013

Mark is a partner and head of the firm's international 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.

Ship 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.

Ship leasing

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.

Export credit

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

Specialist areas

    Contact Mark

    Stephenson Harwood LLP
    1 Finsbury Circus
    London
    EC2M 7SH
    United Kingdom

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    T: +44 20 7809 2600

    Email Mark