Admiralty & maritime, banking & finance, energy – oil & gas, and insurance & reinsurance
Shardul Thacker heads the firm’s shipping, oil and gas, banking and insurance practice groups. He advises domestic and overseas clients across various industries: shipping and transport, oil and gas, insurance, banking including trade finance, atomic energy, manufacturing, construction and infrastructure.
Thacker advises on industry specific regulatory issues. While structuring investments and joint ventures, he deals with competition law issues, red flag items such as pollution, product liability, risks which are not insurable etc. He also advises foreign rig owners on bid documents.
Ranking Thacker third in their “Top 10 Lawyers” Lloyd’s List said he is “highly regarded for his work in the liquefied natural gas sector, particularly for interesting and highly geared finance deals in relation to infrastructure projects, energy, ports and ships”.
In his corporate commercial practice he handles sale and purchase contracts of goods and services, contracts relating to take or pay, logistics, trade, commodities, supply chain contracts of raw material and finished products, licensing, dealership etc.
Thacker acts for overseas lenders in most of India-related ship financing transactions, including LNG vessels flying foreign flags and chartered by Indian companies. He advises on regulatory issues including Indian flagging, cabotage, tonnage and applicable taxes, ship building contracts, charter parties, long term cargo handling agreements etc.
He has an extensive litigation/ arbitration practice which seamlessly supports his ship finance, insurance, offshore construction and banking practices offering solution-based and well-rounded advice.
He is ranked in Band 1 by Chambers and Partners for several years in shipping and maritime and also for banking and insurance for several years. He is ranked in Who’s Who Legal in transport – shipping & banking category for several years. Who’s Who Legal says: “Shardul Thacker is an “excellent shipping lawyer” with a particularly strong reputation for international ship finance transactions”.
Thacker is the India correspondent, Lloyd’s Maritime and Commercial Law Quarterly Digest, and vice president of the Indian Maritime Law Association, which is affiliated to Comite Maritime International.
He has written the India sections in Maritime Law Handbook, Kluwer; Limitation of Liability by Griggs and Williams; Time Bar in Reinsurance: An International Comparison, Clyde & Co; Cross-Border Security, Norton Rose & Butterworths; Shipping Law 2018 – International Comparative Legal Guide, GLG Publications; and Chambers Global Practice Guides for Shipping Laws 2018 and Insurance 2018.