Leading Associates

Shipping finance in Greece

Norton Rose Fulbright

Noted for its ‘strong expertise in maritime law and shipping finance,’ Norton Rose Fulbright regularly represents foreign lenders in financing and syndicated facility matters. The team is active on refinancing transactions and offshore and energy‑related work, with clients including domestic and international banks and financial services groups. Operating out of London and Athens, Yianni Cheilas brings broad expertise in banking, finance, and restructuring, frequently advising lenders on complex financing and refinancing mandates, including green loan facilities. Evi Platsidaki advises on finance deals such as sale‑and‑leaseback refinancings and large syndicated facilities. Alexi Remoundos supports international banks on syndicated and offshore, and green facility issues.

Praxisleiter:

Yianni Cheilas


Weitere Kernanwälte:

Evi Platsidaki; Alexi Remoundos


Referenzen

‘The team is very professional. They showcased strong expertise in maritime law and shipping finance. They are able to meet tight deadlines.’

‘The team is one of the best in shipping finance. They are very professional, highly skilled, pleasant and easy to work with.‘

‘The partner we normally work with is Evi Platsidaki whom we have a long relationship and excellent cooperation with.‘

Kernmandanten

ABN AMRO


Alpha Bank


BNP Paribas


Citigroup


DNB Bank


KfW


National Bank of Greece


Neptune Maritime Leasing


Société Générale


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Stephenson Harwood

Stephenson Harwood advises on refinancing transactions, financing, and loan agreements, frequently acting for lenders. Co‑heading the team, managing partner Dora Mace-Kokota specialises in maritime finance and restructuring for major international financial institutions. Practice co‑head Chris Vartzis is an asset finance specialist handling vessel loan facilities, refinancing, and shipbuilding contracts. Nigel Bowen-Morris focuses on sale‑and‑leaseback deals and secured loan facilities for Greek and international banks. Other key team members include Stynos Antoniades, active in cross‑border financings, and Nefeli Christodoulou, who advises on refinancing of second‑hand vessels. The team was recently bolstered by three partner hires: Andreas Papachristodoulou, noted as an ‘outstanding individual’ with expertise in refinancing and revolving credit facilities, joined from Watson Farley & Williams – Greek Branch in January 2025; Georgia Asimakopoulos, who joined in March 2025 from Watson Farley & Williams – Greek Branch; and Vanessa Tzoannos, who joined in December 2024 from Hill Dickinson LLP.

Praxisleiter:

Dora Mace-Kokota; Chris Vartzis


Weitere Kernanwälte:

Nigel Bowen-Morris; Stynos Antoniades; Nefeli Christodoulou; Andreas Papachristodoulou; Georgia Asimakopoulos; Vanessa Tzoannos


Referenzen

‚Great team, very professional and able to meet deadlines.’

‘Chris Vartzis is very proactive and able to find solutions.‘

‘Chris Vartzis has extensive knowledge and experience in the shipping finance field and a deep understanding of banks‘ needs.’

Kernmandanten

ABN Amro Bank N.V


Attica Bank S.A.


Danish Ship Finance


Hellenic Bank


National Bank of Greece S.A


Star Bulk Carriers Corp.


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  • Advised Attica on a US$20m secured term loan agreement to refinance existing indebtedness, incorporating a sustainability mechanism.
  • Advised ABN AMRO Bank N.V. on a US$50m secured revolving credit facility for Starbulk Carriers Corp., involving complex security arrangements and drafting for limited liability partnerships in the Marshall Islands and Liberia.
  • Advised Danish Ship Finance A/S on a US$84.3m term loan agreement for Safe Bulkers, Inc., secured over seven vessels.

Watson Farley & Williams – Greek Branch

Noted as ‘dedicated, knowledgeable and proactive,’ Watson Farley & Williams – Greek Branch is well‑equipped to advise on syndicated financing, sale‑and‑leaseback transactions, and loan documentation, acting for both financiers and borrowers in commercial shipping finance. The ‘stand‑out’ Alexia Hatzimichalis heads the practice, frequently negotiating shipbuilding contracts and facility agreements. Vassilki Georgopoulos and Marsila Karpida bring expertise in sale‑and‑leaseback deals, while Alexandros Damianidis advises international banks on refinancing. Christina Economides focuses on vessel and fleet acquisitions, and Konstantinos Mexias handles loan documentation and revolving credit facilities. The team was strengthened by the addition of Natalie Jackson, who joined from HFW in September 2024.

Praxisleiter:

Alexia Hatzimichalis


Weitere Kernanwälte:

Vassiliki Georgopoulos; Marsila Karpida; Alexandros Damianidis; Christina Economides; Konstantinos Mexias


Referenzen

‘Strong shipping team, not only providing excellent services for shipping financing transactions, but also has the ability to provide consolidated services in relation to ship arresting or enforcement matters.’

‘The team is first-class within shipping finance, and we have been working with them for many years, which gives us a common understanding of our requirements and facilitates excellent cooperation.’

‘We have worked with many of the same lawyers regularly for many years and have a smooth cooperation and personal relationship. They are always easy to access and pleasant to work with, of course, in addition to their excellent qualifications. The stand-out partner is Alexia Hatzimichalis.’

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Constant & Constant (the Maritime Division of TLT in Greece)

Constant & Constant (the Maritime Division of TLT in Greece) regularly acts on refinancing, secured loan facilities, and revolving credit facilities. Practice head Jeremy Watson specialises in asset finance, with expertise in restructuring, syndicated facilities, and complex financings. Stelios Andriotis, described as an ‘excellent professional,’ advises banks on acquisition finance, restructuring, and enforcement matters. The team represents Greek and international banks as well as shipping companies across a broad range of financing transactions.

Praxisleiter:

Jeremy Watson


Weitere Kernanwälte:

Stelios Andriotis


Referenzen

‘Jeremy Watson is a very experienced lawyer, able to provide advice on complicated matters.‘

‚Stelios Andriotis is an excellent professional with great attention to detail and produces high-quality work.‘

‘They are well-connected in the shipping finance industry, something that makes things easy in a transaction. They have great knowledge in the shipping finance sector, and they can easily lead and advise their clients in problematic conditions they might face.‘

Kernmandanten

Ing Bank N.V.


Bank of Cyprus


National Bank of Greece S.A.


Piraeus Bank SA


Alpha Bank SA


Eurobank SA


Credit Europe Bank N.V.


Astrobank


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Hill Dickinson LLP

Praised by clients for its ‘flawless execution’ and ‘consistent excellence,’ Hill Dickinson LLP advises on financing and secured lending transactions, representing multinational banks, private equity funds, shipowners, and borrowers. The practice is co‑headed by the ‘standout’ Jasel Chauhan, whose expertise spans borrower and lender instructions, corporate restructuring, and capital markets work. Fellow co‑head Anthony Paizes handles capital markets transactions, financing and refinancing mandates, and PPP projects. Other key team members include Eleni Baxivanou, recognised for her ‘deep technical knowledge and market insight,’ and Kostas Karachalios, noted for his strength in asset finance.

Praxisleiter:

Jasel Chauhan; Anthony Paizes


Weitere Kernanwälte:

Eleni Baxivanou; Kostas Karachalios


Referenzen

‘Jasel Chauhan is a standout superstar. He has transformed Hill Dickinson into the expert shipping law office it is now. He is technical, commercial and responsive.’

‘Hill Dickinson LLP acts as escrow agents in S&P transactions, offering clients a secure, efficient, and end-to-end solution underpinned by professionalism and accountability.‘

‚Jasel Chauhan is trusted by banks, shipowners, and institutional clients to oversee high-value transactions with total integrity, ensuring seamless handling of funds and documentation.‘

Kernmandanten

Tsavliris Salvage Group


Five Oceans Salvage


Thenamaris


Navios Maritime Holdings


Omicron Ship Management


Louis PLC


Hellenic Dynamics plc


Eurobank S.A, Alpha Bank S.A., National Bank of Greece S.A. and Piraeus Bank SA


Piraeus Bank S.A. and Euroxx Securities S.A.


YieldStreet Management, LLC


Samos Steamship Company


Fearnley Securities AS


Diana Shipping Inc.


Ambassador Cruise Lines Ltd


Coral Shipping S.A.


NRP Maritime Asset Management


W Marine Inc.


Star Bulk Carriers Corp.


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  • Acting for Louis Group in connection with the transfer of a majority stake in Celestyal Cruises to the private investment firm Searchlight Capital Partners.
  • Acting for Ambassador in connection with the English law aspects in relation to the issue by ACL Holdings Ltd. of senior secured callable bonds of up to €100,000,000 in the Nordic high-yield bond market and overall management of the transaction on behalf of Ambassador.
  • Acting as English legal counsel to the bookrunners and joint co-ordinators in relation to the issue of a €200,000,000 bond loan by Autohellas SA and the public offering and admission to trading of the bonds on the Athens Exchange.

Timagenis Law Firm

Timagenis Law Firm advises both borrowers and financial institutions on loan facilities and refinancing. Lily Politsopoulou-Timageni, praised for her ‘sound judgement’ and ‘strategic perspective,’ handles high‑value vessel acquisitions. Gregory Timagenis is experienced in sale and purchase transactions, while Yiannis Timagenis focuses on drafting facility agreements and security documents. Commended for his ‘sharp legal mind’ and ‘strategic vision,’ Christos Timagenis regularly advises private and listed shipping groups on loan and shipping finance agreements. Other key team members include Maria Papaplexi and Smaragda Vougiouklaki.

Praxisleiter:

Lily Politsopoulou-Timageni; Gregory Timagenis; Yiannis Timagenis; Christos Timagenis


Weitere Kernanwälte:

Maria Papaplexi; Smaragda Vougiouklaki; Vassilis Skouteris; Karolos-Filippos Gavriiloglou


Referenzen

‘Timagenis Law Firm demonstrates an impressive ability to manage complex debt and equity ship-finance transactions practically and smoothly. They deliver tailored advice and excel at coordinating with international counsel when required.’

‘Our main contact is Christos Timagenis. Beyond his deep expertise in shipping law and his strong commercial acumen, he shows an exceptional commitment to understanding our business and guiding us through demanding transactions with remarkable efficiency.‘

‚We also have the privilege of working with Lily Politsopoulou-Timageni, whose seniority and sound judgement are evident in every complex matter she handles; her strategic perspective and authoritative guidance are invaluable.‘

Kernmandanten

Eurobank S.A.


Toro Corp.


Diana Shipping Inc.


Dorian LPG Ltd


Technomar Shipping Inc./ Global Ship Lease Inc.


Globus Maritime Ltd.


Castor Maritime Inc.


Naftomar Shipping and Trading Co. Ltd. Inc.


Blue Planet Shipping Ltd.


ROKS Maritime Ltd.


Magna Marine Inc.


Metrostar Management Corp.


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PPT Legal

PPT Legal focuses on financing transactions, vessel acquisitions, and loan facilities. Managing partner Dimitris Manolopoulos leads the team with expertise in cross‑jurisdictional financing, shipping finance, and leasing. Vicky Katsouli advises shipping companies and banks on compliance, refinancing, and loan matters. Dimitra Piperidou is a key contact supporting on transactions.

Praxisleiter:

Dimitris Manolopoulos


Weitere Kernanwälte:

Vicky Katsouli; Dimitra Piperi


Referenzen

‘Dimitris Manolopoulos and Dimitra Piperi are very experienced and thorough lawyers.’

Kernmandanten

Aegean Baltic Bank S.A.


Optima Bank S.A.


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  • Represented Aegean Baltic Bank S.A., acting as lender in a USD 30 million financing to two ship owning companies.
  • Advised Optima Bank S.A., acting as lender, on a USD 40 million financing to a ship-related company.
  • Acted for Optima Bank S.A. on a complex, multi-jurisdictional financing transaction involving vessels owned by two Antigua and Barbuda companies.

Sarantitis

Regarded as ‘experts in the field,’ Sarantitis advises shipping companies, logistics providers, and banks on financing, loan facilities, and vessel acquisitions. The team is also skilled in taxation, regulatory, and compliance matters. Practice head Eleni Papakosta brings expertise in banking and finance, shipbuilding contracts, and refinancing. Other key contacts include George Dedes and Angeliki Agrimaki.

Praxisleiter:

Eleni Papakosta


Weitere Kernanwälte:

George Dedes; Angeliki Agrimaki


Referenzen

‘The team specialises in shipping, from corporate structures to banking, sale and purchase; they have knowledge of corporate statutory regulations in multiple jurisdictions.‘

‘They are responsive, thorough, friendly, experienced, experts in the field, and provide assistance with a good attitude.‘

Kernmandanten

Chronos Shipping Co. Ltd


Zim Integrated Shipping Services Hellas S.A.


Cuma Shipmanagement Ltd


Niovis Shipping Company S.A.


Piraeus Bank S.A.


Neptune Lines Shipping & Managing Enterprises S.A.


Neptune Dry Management Company


W Marine Inc.


Attica Bank S.A.


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  • Advising the Shipping Department of Attic Bank S.A. on new financing and restructuring matters.
  • Advised the Shipping Department of Piraeus Bank S.A. on a number of new loan facilities and supplemental agreements of existing loan facilities.
  • Advising Marine Group on legal issues relating to purchases of vessels and their registration under various flags.