Ian Mace
Partner – Global Head of Maritime, Trade & Offshore Finance
Ian is a maritime finance expert, guiding clients through complex asset finance transactions with strategic insight and commercial acumen.
Partner – Global Head of Maritime, Trade & Offshore Finance
Ian is a maritime finance expert, guiding clients through complex asset finance transactions with strategic insight and commercial acumen.
Language - English
Jurisdiction - England & Wales
Ian Mace is a Partner and Global Head of Maritime Trade and Offshore Finance at Stephenson Harwood, specialising in ship, offshore, and superyacht transactions. He assists a diverse range of clients, including financial institutions, shipowners, operators, investors and private equity groups, in navigating intricate financing structures and transactions. Ian's expertise spans debt finance, lease finance, back leveraging, equity investments, Islamic finance, sale and purchase, and restructuring and enforcement, providing structuring advice as well as tailored solutions that anticipate and address potential challenges.
Ian's practice includes advising on export credit-backed financings, sale and leaseback arrangements and seller's credit transactions. He is adept at handling distressed financings and enforcement actions, such as vessel arrests and auctions across jurisdictions. His clients benefit from his broad experience and his sharp, quick-thinking approach with the ability to deliver clear, convincing arguments, ensuring their interests are protected and optimised. Although based in London, Ian works with clients in Europe, Asia, the Middle East and North America.
Ian is also a core member of the Stephenson Harwood yacht and superyacht team, offering non-contentious advice in the sector.
His contributions to industry handbooks like Shipping Finance further underscore his standing as a leading practitioner in maritime finance.
Standard Chartered Bank
Advised Standard Chartered Bank (Singapore) Limited as global coordinator, and HSBC, Singapore Branch as facility and security agent, in connection with the due diligence and US$1.3 billion financing provided to Yinson Production Pte. Ltd. in respect of the FPSO Agogo that is to be deployed in Angola.
Gearbulk
Advised Gearbulk on the restructuring of its financing arrangements as part of a major corporate reorganisation. This included Mitsui O.S.K. Lines increasing its shareholding in Gearbulk to 72% and a strategic refocus of Gearbulk’s business exclusively on the open-hatch segment.
Oaktree
Advised Oaktree on the sale of the Fleetscape platform to a subsidiary of Quantum Pacific.
Apollo
Advised Apollo-managed funds in relation to their acquisition of the LNG infrastructure platform, Hav Energy LNG Holding AS.
SBM Offshore N.V.
Advised a syndicate of 13 international lenders on a US$1.1 billion multicurrency revolving credit facility for SBM Offshore N.V.. This includes an uncommitted option to increase the facility by an additional US$500 million.
Fleetscape
Advised Fleetscape Capital Limited on the sale and leaseback of six PSVs to Golden Energy Offshore Services AS.
ING
Advised the New York office of ING on a K-Sure Backed US$71.9 million loan facility for subsidiaries of Algoma Central Corporation, one of Canada's largest marine shipping companies, listed on the Toronto Stock Exchange.
Fleetscape
Advised Fleetscape Capital Limited on an innovative securitisation structure with Macquarie Bank Limited, in order to provide a more efficient offering to vessel owners looking at higher leverage situations.
Admore Shipping Corporation
Advised Ardmore Shipping Corporation on a US$350 million secured revolving credit facility for the refinancing of its fleet of 20 vessels.
Société Générale
Advised Société Générale in respect of the Sinosure-backed US$130 million financing of two newbuild LR2 vessels to be delivered to Union Maritime Limited. The transaction includes financing the acquisition costs of WindWings technology to be installed on the vessels.
