Bio

Ian Chung has been working in the Middle East since 2008 where he specialises in corporate, restructuring and finance work in the offshore marine (oil & gas), international trade & commodities and shipping & transportation sectors. Ian has acted on many major transactions involving the marine sector in the UAE and is frequently consulted on restructurings of maritime companies and groups. Ian acts for Middle Eastern and international financiers, with a specialist focus on financing offshore shipping assets. He also acts for offshore marine operators in expanding their operations into geographies such as the Gulf of Mexico and South East Asia and setting up their operating structures. He works for a variety of clients on offshore construction matters, asset, project and trade finance in the GCC and internationally. He acts for construction yards, operators and other contractors in relation to offshore exploration and production and offshore services contracts, particularly on financing the acquisition of key assets and negotiating the underlying contracts. Ian recently acted for the Stanford Marine Group in connection with their syndicated US$300 million dual tranche, convertible/Islamic finance facility to refinance their fleet of offshore support vessels and their acquisition of new assets.