Transportation
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Transportation Transportation – and the many ways in which we use it – has changed dramatically in recent years. The COVID-19 pandemic has had a dramatic impact on the transportation sector with many airlines grounded and supply chains disrupted. We are looking at a future of crewless ships in a more sustainable shipping industry, at the global commercial aviation fleet increasing by over 10,000 new aircraft in the next decade due to demand for air travel, and at the developing ability to track and communicate with items anywhere in the world through the Internet of Things. Our lawyers have been part of the transportation industry for nearly a century and our services have evolved to match the needs of our clients. Our transportation practice covers the full spectrum of legal needs for owners, operators, manufacturers or investors in transportation, whether they move people or goods by sea or air, manufacture ships, aircraft, spacecraft or components, invest in aerospace – or anything else the future might hold.
What do you do? I’m a counsel in the Transportation Industry Group, focusing on transactional work such as ship financing, joint ventures, ship sale and purchase, and shipbuilding contracts. My role is hugely varied, and we work on some of the most complex and innovative transactions in the industry. Shipping is so global and I also enjoy the international angle my work affords me. What is next for transportation? The transportation industry is facing a lot of challenges, from an ever-changing sanctions landscape to an increased emphasis on technology and the environment. The COVID-19 pandemic has led to many clients rethinking their priorities and modernising the way they do business in a remote-working landscape. We are working to ensure that we can support our clients through these changes and ensure they are prepared for whatever comes their way. How does your group drive progress? Technological solutions are very important, enabling us to increase client value. Using technology for automated drafting and client databases allows us do things more quickly and efficiently, creating a tangible impact for our clients.
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” to increase client value. Technological solutions are very important, enabling us
Susan Riitala Counsel
26 Reed Smith Next generation law
Next generation law Reed Smith 27
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