Chrysses Demetriades & Co Law Office has ‘strength and depth on the bench’ and always provides a ‘first-class and professional response’ say clients. The department is excellently led by Michael McBride and Marion Madella. It has a wealth of knowledge of shipping legislation and ship registration in different jurisdictions and is well-placed to handle the most complex and high-value cross-border transactions. Its clientele includes some of the world’s largest ship owners and ship management companies. Furthermore, it represents several large global banks and other financial institutions and funds involved in the financing of ships. Nikoleta Kleovoulou specialises in shipping finance.
Maritime and admiralty in Cyprus
Chrysses Demetriades & Co Law Office
Praxisleiter:
Michael McBride; Marion Madella
Weitere Kernanwälte:
Nikoleta Kleovoulou; George Charalambous
Referenzen
‘In-depth knowledge of the shipping environment, not just legal which is their expertise, but commercial as well. This is important for any client who seeks advice from a law firm i.e. commercial considerations to be taken into account.’
‘Knowledgeable, commercially minded, going a step forward.’
‘Marion Madella is a well-regarded shipping finance professional and gets the job done without fuss. Always on time.’
Highlight-Mandate
- Assisted several banks on all matters under Cyprus law in a financing transaction for a EUR1,740,792,336.24 loan facility.
- Assisted a bank on all matters under Cyprus law in two financing transactions for EUR550,000,000 and EUR425,000,000.00.
- Assisted a bank and the other lenders on all matters under Cyprus law in a transaction relating to a $298,000,000 refinancing transaction.
Elias Neocleous & Co LLC
Led by Costas Stamatiou, the individuals at Elias Neocleous & Co LLC ‘truly stand out for their deep legal expertise, forward-thinking mindset, and commitment to excellence’. The department regularly provides legal counsel to banks, owners, managers, charterers, cargo owners and insurers. Key pillars of strength include handling admiralty claims, as well as debt restructuring and insolvency matters. The skilled group advises on ship financing, ship arrests, ship security, shipping taxation and VAT leasing schemes. Its client roster also includes international law firms. Of note too is the fact that the practice specialises in international arbitrations and international proceedings. Andreas Christofides and Vassilis Psyrras are both highly regarded.
Praxisleiter:
Costas Stamatiou
Weitere Kernanwälte:
Andreas Christofides; Vassilis Psyrras
Referenzen
‘Very knowledgeable, used to dealing with international counsel, service-oriented. Exactly what is needed in a jurisdiction foreign to me.’
‘The team provides prompt, professional and very competent assistance with executing sale documents and preparing the necessary corporate resolutions in accordance with Cyprus legal requirements.’
‘Costas Stamatiou is polite, professional and a pleasure to work with.’
Kernmandanten
Royal Caribbean Cruises Ltd
Abamba Limited
KKCG
Limassol Marina
Aphentrica Marine Insurance
Franman (Cyprus) Limited
Hellenic Petroleum
ISD Dunaferr
Jarillo Shipping Company Ltd
BW Shipping (formerly Bergesen Worldwide)
Argo Coral Maritime Limited
Western Maritime
Lloyds of London
Highlight-Mandate
- Advised and assisted a Cyprus international trust on all aspects of the sale of a luxury superyacht.
- Advised and assisted a global shipping company on all Cyprus law requirements for its acquisition of an independent international global roll-on/roll-off freight forwarder and logistics provider.
- Advised a ship chartering operator on the criteria for the registration of each of its fleet vessels under the Cyprus Tonnage Tax System and assisted the client with all relevant procedures.
Montanios & Montanios LLC
Montanios & Montanios LLC is applauded for its ‘meticulous attention to detail’. Acis Montanios, Adam Montanios, Petros Iacovides and Yiannis Papapetrou are at the helm. It provides the full spectrum of legal services across shipping, ship financing and admiralty matters. The strong department represents prominent local and global clients, including leading P&I clubs, shipowners, ship management companies and banks. Its ship finance practice is highly recommended, and it receives a steady stream of work from foreign and national banks, in addition to borrowers. It frequently advises on cross-border and local financing matters. Additionally, it represents clients in all types of contentious issues. Senior partner Eric Montanios is a well-known practitioner. Nicolas Montanios and Maria Toumazi are both recommended.
Praxisleiter:
Acis Montanios; Adam Montanios; Petros Iacovides; Yiannis Papapetrou
Weitere Kernanwälte:
Eric Montanios; George Toumazis; Maria Toumazi; Nicolas Montanios
Referenzen
‘Once you start working with Montanios legal firm you understand that you are dealing with a solid team of professionals that can collaborate between them in order to give the optimum result to the client. You feel confident that you will get the optimum result, on time.’
‘All the team members with whom I am working stand out for their high values, ethos and professional qualities. I am working with Mr Adam Montanios and Mr George Toumazis and I feel very lucky to have them as consultants.’
‘The team continue to perform beyond expectations providing prompt and valuable advice. Availability and promptness always providing various options to the challenges. Multinational knowledge of marine laws. Mr Adamos Montanios as well as Nicolas Montanios.’
Kernmandanten
Tsakos Shipping Group
Safe Bulkers Inc.
Olympia Ocean Carriers Ltd
Histria Shipmanagement Ltd
Santierul Naval Constanta S.A.
West of England P&I Club
NorthStandard P&I Club
Steamship Mutual P&I Club
Island Oil Limited
Stena International
Baleària Eurolineas Maritimas S.A.
P&O Ferries
Sirios Shipmanagement
Danaos Corporation
Island Petroleum Ltd
Bank of Cyprus
Hellenic Bank
Eurobank Cyprus
Astrobank
Highlight-Mandate
- Advised on the registration of a high-value newbuilt RoRo passenger ferry.
- Advising on the registration of eight newly purchased bulk carriers under the Cyprus flag for a large Greek shipping group listed on the NYSE.
- Dealing with all the legal and procedural matters relating to the purchase, ship-building, registration and commercial licensing of a newbuild 80-foot catamaran sailing yacht.
Michael Kyprianou & Co. LLC
The team at Michael Kyprianou & Co. LLC acts for various ship owners, ship managers and financial institutions. It frequently covers various contentious matters, such as charter party disputes and personal injury claims as well as representing clients before the Admiralty Court in relation to shipping disputes. The team’s experience includes handling various transactions and issuing legal opinions on a range of ship financings. Menelaos Kyprianou, Tonia Antoniou and Ioanna Solomou are the practice heads. Andria Kouloumi is another name to note.
Praxisleiter:
Menelaos Kyprianou; Tonia Antoniou; Ioanna Solomou
Weitere Kernanwälte:
Andria Kouloumi; Kyriakos Constantinou
Referenzen
‘The team is very flexible and helpful at any time. Within the shipping industry,y it is very important to be able to act swiftly and be creative, and Michael Kyprianou & Co have proven that they can do just that. ’
‘Our direct contact person has been Andria Kouloumi, who has helped us out with several issues.’
The team around Michael Kyprianou is providing a very high standard of service. We really appreciate that they can present their legal advice in a comprehensible way.’
Kernmandanten
ABN Amro N.V
CMMI Cyprus Marine & Maritime Institute
MARAIS s.r.o.
EMAR Offshore Services B.V.
Highlight-Mandate
- Provides ongoing assistance and advice about maritime, regulatory and compliance requirements for the client, a stakeholder in the maritime industry in Cyprus.
- Acts as the local legal advisor to a major group of shipping companies and also acts as its representative with the Shipping Deputy Ministry.
AMG Mylonas & Associates, LLC
Andreas Mylonas heads the department at AMG Mylonas & Associates, LLC, which is skilled at handling a broad range of admiralty and maritime matters. Areas of focus include advising on the incorporation of shipping companies and on yacht registrations. In addition, it frequently advises on agreements for the sale and purchase of ships and on ship registrations.
Praxisleiter:
Andreas Mylonas
Referenzen
‘The team combines extensive industry knowledge with a client-focused approach, ensuring that legal strategies are not only effective but also aligned with clients’ business objectives.’
‘The individuals within this law firm are distinguished by their exceptional expertise and unique backgrounds, which enable them to approach legal challenges from multiple perspectives.’
‘Each team member brings a wealth of knowledge and experience, allowing for innovative and tailored solutions that reflect an in-depth understanding of clients’ industries.’
Kernmandanten
Intership Navigation Co Ltd
Hartmann Group
Pelagic Investment Fund Raif
Tototheo Maritime
Gmf Global Maritime Fund Raif V.C.I.C. Plc
Aneto Shipping Co. Ltd
Highlight-Mandate
- Acting as the legal advisor to a Cyprus shipping fund, a registered alternative investment fund (“RAIF”), registered with the Cyprus Securities and Exchange Commission (CySEC).
- Acting as the legal advisor to the GMF Shipping Fund, a registered alternative investment fund (“RAIF”), registered with the Cyprus Securities and Exchange Commission (CySEC).
- Acting as the external legal advisors to Internship Navigation Ltd in Cyprus.
E & G Economides LLC
George Economides spearheads the department at E & G Economides LLC, which is regularly engaged to assist in complex shipping matters and ship registrations. The department’s main areas of expertise lie in acquisitions, financings, tax planning work, and the incorporation of shipping companies. Clients include high-net-worth individuals, tax firms, foreign law firms, ship owners and ship operators. Maria Theocharous is another name to note.
Praxisleiter:
George Economides
Weitere Kernanwälte:
Maria Theocharous
Referenzen
‘Immediate and professional attention with unique results due to international connections of the firm.’
‘Knowledgeable and professional.’
Kernmandanten
Polsteam Shipping Company Limited
Unity Line Ltd
Nogat Shipping Limited
Cyfadaco Shipmanagement Limited
ERYX Group
Scania Line Limited
Gryf Line Limited
AP The Ability Group Limited
Mudiva Corporate Services Limited
Highlight-Mandate
- Provides up-to-date guidance to its client on regulatory changes and their implications, helping the client to stay ahead of shipping industry developments and maintain compliance.
- Provides comprehensive legal advice to the client regarding the financing of vessels, guiding its client through the intricate process of securing funding and ensuring compliance with relevant maritime and financial regulations.
- Providing ongoing assistance and advice to Polsteam Shipping Company Limited on maritime, regulatory and corporate requirements.
Harris Kyriakides
Michael Kyriakides leads the department at Harris Kyriakides, which has a wealth of experience in handling a variety of maritime and admiralty issues. It frequently advises on the complex legal framework governing the maritime sector as well as on international conventions. The group is skilled at advising on vessel registrations, the formation and maintenance of shipping companies and on related litigation and arbitration proceedings. Munevver Kasif is another name to note.
Praxisleiter:
Michael Kyriakides
Weitere Kernanwälte:
Munevver Kasif
Referenzen
‘The team consists of highly skilled attorneys who offer diverse specialisations and industry-specific knowledge, providing tailored advice and strategies. The service is personalised, responsive, and of the highest quality.’
‘The individuals I work with stand out due to their exceptional expertise, dedication, and collaborative spirit. HK team members possess a unique combination of deep legal knowledge and industry-specific insights, allowing them to provide innovative and tailored solutions to us as clients.’
‘Michael Kyriakides is renowned for his strategic thinking and ability to navigate complex legal challenges with ease. Associates like Munevver Kasif bring fresh perspectives and a proactive approach, consistently exceeding client expectations.’
Kernmandanten
CMMI Cyprus Marine and Maritime Institute
Prevention at Sea Ltd
Columbia Ship Management
U.S.C. United Stevedoring Company Limited
Highlight-Mandate
- Advised the Cyprus Marine and Maritime Institute (CMMI) on a merger by absorption of the non-profit company ‘Marinem’ into CMMI, ensuring compliance with legal regulations and facilitating the consolidation of two NGOs in the maritime sector.