“I trust in Damon’s understanding of each and every component of originating, negotiating and closing the deal. I can rely on him to properly assess the risks and address what is necessary in order to bring a deal across the line. We highly recommend him as a trusted advisor in this area of law.”Major energy trading company
Damon Thompson is a partner with our firm whose practice focuses on shipping, energy and commodities trading. He has been practising maritime, trading and commercial law in London for 20 years.
Before joining Floyd Zadkovich, Damon spent over 7 years at a major gas and energy trading company, where he worked with the global trading, shipping and operations teams in respect of all energy commodities and in particular LNG. Prior to this in-house role, Damon trained and worked at two leading London maritime and trading law firms on complex and high-value energy, shipping, logistics and commercial matters.
Damon advises clients on both contentious and non-contentious issues. He drafts all types of contracts in his focus sectors, including SPAs, Charterparties and Terminal Use Agreements and advises on all types of disputes and issues that might arise under such contracts. He enjoys close relations with his clients and particularly likes to become involved in live issues at an early stage and to guide his clients in finding solutions under the time pressure of physical trading.
Damon regularly provides presentations and training programmes to clients on shipping and trading issues, particularly in the LNG sector.
Damon’s native language is English and he has good working knowledge of French.
Highlights of Damon’s work include the following:
Representation of Asian governmental energy entity in Coronavirus related advice reagrding current portfolio of charter parties.
Representation of major international LNG supplier in Coronavirus related advice on Indian customs regulations regarding presence of armed guards and piracy prevention personnel, off hire and risk assessment.
Representation of major international LNG supplier in negotiations of several charter parties with Indian oil corporation.
Advised major LNG chartering company on midterm charter parties with multinational oil trading company.
Representation of major Central European Energy Company in relation to a failure to load at a North African LNG terminal. The issue was successfully resolved with the client being “kept whole” and the terms of loading and delivery of the cargo re-negotiated.
Representation of major Danish shipowner in an off-hire and performance dispute which threw to both US and English jurisdictions.
Representation of global energy major in an LMAA arbitration in a long-term charterparty dispute for a LNG carrier.
Representation of European ro-ro operator and logistics services provider in relation to a multi-jurisdictional dispute arising from container damage at the Port of Cork, UK.
Preparation of bespoke template charterparty documents for vessel owners in the LNG industry. Advising on the terms of ShellLNGTime 1 and ShellLNGTime 2 to provide a comprehensive template/standard form document at an appropriate risk level for clients.
Representation of major international LNG supplier and charterer on their position in respect of a multi-million dollar off-hire claim. The dispute turned on bespoke off-hire wording and complex legal questions in LCIA arbitration.
Interested in specific aspects of Damon’s recent work? Contact firstname.lastname@example.org for further reference cases.
Cheyne & Thomspon (lecturers), “The LNG Industry and Evolution of LNG Charters from Tanker Charters”, FZ Presentation, 27.02.2020