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Johnston Gregg

Gregg Johnston

Partner - Head of Maritime, Trade & Offshore Finance, Singapore

Gregg is a Partner in London. Previously based in the Singapore office from 2002 to May 2025, Gregg remains the Head of Maritime, Trade and Offshore (Finance) Singapore and regularly travels to our offices in Asia-Pacific.

D +65 6622 9663
M (UK) +44 7435 181 302 - (Singapore) +65 8112 7589

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Awards and Recognition

Ranked as "Hall of Fame" by Legal 500 Asia Pacific 2025 for Asset Finance and Shipping;

Foreign Firms – Singapore

Ranked as a "leading individual" (tier 1) by Chambers Asia-Pacific 2025 for Shipping;

International Firms – Singapore

Ranked as a "leading individual" by Chambers Asia-Pacific 2025  and a "recommended lawyer" by Legal 500 Asia Pacific 2025

Shipping; International Firms – South Korea

Winner of East Structured Finance Deal of the Year

Marine Money Deal of the Year Awards 2024 and 2023

"Gregg Johnston is widely acknowledged as a top choice and market leader for ship finance work in Singapore.
He typically advises major banks on a range of matters, such as sustainability-linked loans or acquisition financing." 

Chambers Asia Pacific 2025

Biography

Language - English

Gregg is a Partner in London and the Head of the Maritime, Trade and Offshore Finance team in Singapore, a team top ranked by Chambers Asia Pacific and classified top tier by The Legal 500 Asia Pacific.

Gregg is ranked in the "Hall of Fame" in Legal 500 Asia Pacific Shipping: Foreign Firms (Singapore) and Asset Finance (Singapore). He is also ranked in Band 1 in Chambers Asia for Shipping: International: Finance (Singapore).

Gregg practised in Singapore for more than 23 years. However, since May 2025 he leads the Singapore team from the UK.

Gregg specialises in all facets of shipping and offshore financing including secured and unsecured lending, syndicated and bilateral loans, limited recourse and sale and leaseback structures, guarantee and letter of credit facilities, restructuring and workouts, tax-driven structured financings, export credit backed facilities, leasing transactions, container box financing, loan portfolio sales, enforcement work and sustainability linked loans. He also acts on ship sale and purchase, joint ventures, charter party backed financings, newbuilding projects and company re-domiciliation (including assisting International shipping companies migrate to Singapore).

Gregg's clients range from international banks, state owned policy banks, alternative financiers (including funds), export credit agencies, ship owners and other corporates.

As a result of working in Asia-Pacific for many years, Gregg has a deep understanding of the issues related to financing vessels flagged in Singapore, Hong Kong, Korea, Labuan, Malaysia, Indonesia, Philippines, Vietnam, Thailand and India. He is a regular speaker at industry conferences and is regularly approached by the media to comment on shipping related topics.

Experience

  • Enforcement

    Acting for various syndicates of banks on the restructuring and eventual insolvency of Hanjin Shipping including arresting and selling over 40 ships via court, hybrid or private sales.

  • Restructuring and Insolvency

    Acting for various syndicates of banks on the successful rehabilitation of two large Korean shipping companies.

  • Sustainability Linked Loans

    Acting for a syndicate of banks on a pre- and post-delivery sustainability-linked financing to affiliates of EUKOR Car Carriers for dual fuel (methanol-and-ammonia ready) newbuild "shaper" class pure car and truck carriers.

  • Fleet Financing/revolving credit

    Acting for Hafnia on a US$715m revolving credit financing for 32 vessels (with an additional accordion facility for the financing of an additional batch of vessels).

  • LNG Financing

    Acting for The Korea Development Bank and The Export-Import Bank of Korea on a pre- and post-delivery financing of up to US$2.7 billon to the K3 consortium for the construction of 15 LNG carriers to be chartered to QatarEnergy.

  • Loan Portfolio sales and transfers  

    Assisting DNB Bank with the migration of their Singapore shipping loan portfolio to Oslo including the transfer of all loan participations, commitments and securities and the replacement of agency and security agency functions.

  • RMB Financing

    Assisting a Chinese state-owned bank on a RMB-denominated Sinosure backed pre- and post-delivery financing to an international ship owner based in Singapore.

  • Singapore inward re-domiciliation

    Assisting various banks and export credit agencies with amendment work arising out of the re-domiciliation of a various shipping companies and their subsidiaries from Liberia, BVI, Marhsall Islands or Bermuda to Singapore.

  • FSRU Financings

    Acting for major FSRU owner on various financings for FSRUs operating in Pakistan, Egypt, Brazil and the Philippines including SBLC facilities, senior term loan facilities, junior financing, joint venture equity contributions and interest rate hedging.

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