Our team of commodities lawyers reflects the needs of today’s global trading industry and includes experts in all areas of international trade. We have extensive experience of the full commodities cycle from raw material to end use and offer a comprehensive range of advisory, transactional and contentious services to clients across the supply chain.
  • Profile
  • Experience
  • Key contacts

Our commodities team advise on issues relating to the full range of physical and financial commodities classes - particularly coal, metal ores and minerals, oil and gas (including LNG), renewable energy and soft commodities.

Our clients include mining groups, international oil and gas companies, trading houses, banks, power and utility companies, industrial groups and manufacturers, insurance companies, funds and private equity houses.

We have extensive experience in complex cross-jurisdictional disputes and our lawyers have represented clients in arbitrations under all the major international rules (ICC, LMAA, LCIA, UNCITRAL, SIAC, CIETAC and HIAC), as well as before commodity trade tribunals (including LME, GAFTA and FOSFA).

We can help you with:

  • long term supply and off-take agreements
  • spot and master trading agreements
  • standard form contracts (including SCoTA and EFET annexes)
  • futures and derivatives (including ISDA and FFAs)
  • bills of lading, charterparties and COAs
  • cargo loss and damage
  • storage and warehousing
  • ports and logistics contracts
  • inventory and “repo” financing
  • documentary credits and standby letters of credit
  • regulation and compliance
  • corporate and tax
  • fraud and asset recovery
  • sanctions advice.

"An excellent understanding of, and wealth of experience in, the coal and metals trading markets."
The Legal 500 UK 2022

Mercuria vs Citibank – commodity “repo” dispute

Acting for Mercuria in their successful defence of a headline-making US$270 million claim, relating to “repo” deals affected by a major metals warehousing fraud in China.

Mining – LCIA arbitrations

Acting for one of the world's largest copper mines in a dispute with a contractor.

Off-shore oil and gas

Acting for one of the world's largest oil companies in disputes with drilling and other offshore contractors.

London Metal Exchange (LME)

Advising Traderight on investments by joint venture signatories, in order to secure membership of the London Metal Exchange (LME).

Metal Concentrates – LCIA arbitrations

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

Coal - price review arbitration

Advising a major power company in a dispute with an international mining group regarding the pricing and price review mechanism under a long term supply agreement.

Oil and gas terminal/storage related advice

Advising on establishing a shipping fuel storage facility. This was an on and offshore port facility in East Africa, in partnership with the host government on behalf of a significant player in the commodities industry.

LNG supply agreement

Advising a major power and utility group on 20-year LNG supply contract.

Biomass – precedent supply and freight contracts

Drafting suite of precedent supply contracts, charterparties and contracts of affreightment for a major UK energy company.

Dairy Products - “repo” agreement

Advising a major Australian bank on a “repo” transaction for powdered milk stored in European warehouses.

Sulphuric acid – quality dispute

Advising a major zinc producer in a quality dispute with one of the world’s largest fertiliser traders over a series of contracts for the sale of sulphuric acid.

Cocoa beans – "repo" Agreement

Advising a major Australian bank on a “repo” transaction for cocoa beans stored in European warehouses and Ghanaian warehouses.

Oil and gas – Sale contract chain dispute

Advising and managing complex multi-party High Court disputes relating to the delivery of off-spec product.

Soybean dispute

Advising a major Swiss soft commodities trading company in a GAFTA dispute with a German soybean trader related to unpaid fees.

FOSFA arbitration

Advised a Mozambique-based food production company in a FOSFA arbitration in Durban, South Africa, against a leading Indian flour trading company. The claim was for US$5 million.


Rovine Chandrasekera Partner

T:  +44 20 7809 2629
M:  Email Rovine | Vcard Office:  Dubai, London


Philip Prowse Partner

T:  +44 20 7809 2800
M:  Email Philip | Vcard Office:  London


Andrew Rigden Green Partner

T:  +852 2533 2761
M:  +852 6013 2520 Email Andrew | Vcard Office:  Hong Kong


Michelle Yong Partner

T:  +65 6622 9691
M:  +65 9765 2936 Email Michelle | Vcard Office:  Singapore


Haris Zografakis Partner

T:  +44 20 7809 2144
M:  Email Haris | Vcard Office:  London

Latest news & insights

05 Dec 2023

From Insights

London Metal Exchange wins High Court ruling over cancelled nickel trades

On 29 November 2023, the Administrative Court handed down its judgment in the case of Elliott Associates L.P. and other and Jane Street Global Trading v The London Met..


29 Nov 2023

From Insights

Commodities in Focus Weekly: Standing in the way of control – When is a company controlled by a sanctioned Russian entity?

In the High Court case of Litasco SA -v- (1) Der Mond Oil and Gas Africa Sa (2) Locafrique Holding SA [2023] EWHC 2866 (Comm), Litasco SA (Litasco) was awarded summary..


22 Nov 2023

From Insights

Commodities in Focus Weekly: Sugar rush: Laytime and demurrage under sugar contract rules

Sugar's rally shows no sign of souring. In early August, we wrote about the impact of the El Niño phenomenon on the upcoming sugar harvest.


16 Nov 2023

From Insights

Commodities in Focus Weekly: Issue 54

Don’t rock the boat: The Law Commission's limited reforms to the Arbitration Act will go before Parliament


31 Oct 2023

From Insights

Commodities in Focus Weekly: A thumbs up to seal the deal? Lessons from SWT v Achter

A Canadian court has found that the use of a 👍 emoji in contract negotiations constituted valid acceptance of the contract.


24 Oct 2023

From Insights

Commodities in Focus Weekly: Central Bank of Venezuela waives state immunity

In the recent judgment, Deutsche Bank AG, London Branch v Receivers Appointed by the Court (Receivers) v Central Bank of Venezuela [2023] EWHC 1942 (Comm), the Court h..


11 Oct 2023

From Insights

Commodities in Focus Weekly: MSC Mediterranean Shipping Co SA v Stolt Tank Containers B.V. an ors [2023] EWCA Civ 1007

The Court of Appeal has dismissed MSC's appeal, holding that it was not entitled to limit its liability for claims brought by owners Conti in respect of damage to the ..


27 Sep 2023

From Insights

Commodities in Focus Weekly: An introduction to TradeTrust and the laws governing electronic bills of lading

The digitalisation of global trade has been underway for years, including the development and use of electronic versions of paper trade documents, such as electronic b..


19 Sep 2023

From Insights

Commodities in Focus Weekly: Issue 47

Vive la différence: English High Court refused to grant an interim anti-suit injunction in support of ICC arbitration proceedings seated in Paris given the unavailabil..


29 Aug 2023

From Insights

Commodities in Focus Weekly: ICC publishes new papers on financial crime risk control

Financial crime risk control remains a great challenge for financial institutions as they often have limited time and resources to identify and manage associated risks..


23 Aug 2023

From Insights

Commodities in Focus Weekly: Addax Energy SA v Petro Trade Inc

In Addax Energy S.A. v Petro Trade Inc, the London Circuit Commercial Court was tasked with examining the parties' dealings over a number of years, ultimately finding ..


10 Aug 2023

From Insights

Commodities in Focus Weekly: Smart Gain Shipping Co. Ltd v Langlois Enterprises Ltd [2023] EWHC 1683 (Comm)

On 5 July 2023 the High Court handed down its judgment in Smart Gain Shipping Co. Ltd v Langlois Enterprises Ltd [2023] EWHC 1683 (Comm).


01 Aug 2023

From Insights

Transportation and trade newsletter

Welcome to the first edition of Stephenson Harwood’s transportation and trade update – our specialist newsletter for clients engaged in the aviation, marine, rail and ..


01 Aug 2023

From Insights

Commodities in Focus Weekly: In a sticky situation? Force majeure under sugar contract rules

This is the first in a series of three articles looking at issues currently affecting the sugar market.


18 Jul 2023

From Insights

Commodities in Focus Weekly: Issue 38

Demand & Integrity in the Voluntary Carbon Markets – The Publication of the VCMI Claims Code of Practice


11 Jul 2023

From Insights

Commodities in Focus Weekly: Issue 37

Celestial Aviation Services Limited and Constitution Aircraft Leasing (Ireland) 3 Limited and another v UniCredit Bank AG (London Branch)


© 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.