OUR PEOPLE

img
Colin Jarraw
Colin is a Partner at Virtus Law. His principal area of practise is in banking and ship finance. He is also adept at company law, with a focus on shipping having been involved in a number of major merger and acquisition transactions involving shipping companies in Singapore.Colin regularly acts as Singapore legal counsel for all the major shipping finance banks in high value ship finance and complex leasing transactions. He has also advised owners in ship sale and purchase transactions, charterparties, shipbuilding contracts and vessel registrations and de-registrations. Colin also has had experience as a litigator, having practised both in Malaysia (as a general commercial litigator) and in Singapore (as a shipping litigator) where he has appeared up to the Courts of Appeal in both jurisdictions. Colin holds an M.Phil from the University of Cambridge and has qualified as a Barrister-at-law (Inner Temple) England, U.K. in 1996. He is also called to both the East Malaysian Bar as well as the Singapore Bar and has been in active legal practice since 1997. Colin sits on the Singapore Shipping Association's International Committee as a committee member. The Legal 500 Asia Pacific (2014) notes Colin as being "efficient" and "meticulous."

Education and Professional Qualifications

  • LLB (Hons), University of Northumbria at Newcastle, 1994
  • Masters Degree, University of Cambridge, 1995
  • Inner Temple as a Barrister-at-Law, 1996
  • Sarawak Bar in Malaysia, 1997
  • Singapore Bar, 2004

Professional Memberships

  • Law Society of Singapore
  • Singapore Academy of Law
  • International Committee of the Singapore Shipping Association
  • Fellow of the Cambridge Commonwealth Trust

Experience

Notable matters:

  • Acted for a Singapore listed company in (i) its bidding exercise for the charter of an FSO to an oil major; (ii) the conversion by an Indonesian yard of its tanker to an FSO; (iii) the sale of the said FSO for US$52 million; (iii) the financing arrangements with the lenders.
  • Acted for an Australian based offshore vessel owning company in its purchase of a 180 ton bollard pull anchor handling tug supply vessel from a Japanese yard for US$40 million.
  • Acted for a Singapore company in its acquisition of a 25,000 DWT heavy lift vessel from a Chinese yard for US$33.3 million.
  • Acted for a Singapore company in its acquisition of 2 oil tankers from Japanese sellers with an aggregate purchase price of US$88 million.
  • Acted for the Singapore based subsidiary of an American finance company and a Norwegian finance company in their construction and term loan of an aggregate amount of US$83 million made to a borrower for its construction and acquisition of a 141.70 metre offshore diving support/ construction vessel.
  • Acted as Singapore counsel to a Finnish bank in a syndicated secured loan facility of up to US$510 million made to a Singapore borrower in a fleet financing of 18 vessels.
  • Acted as Singapore counsel to a Norwegian bank in a revolving credit facility of up to US$380 million made to a Singapore borrower in a fleet financing of 13 vessels.