Shipping
Cyprus
02 September 2025
The ‘really knowledgeable and well-resourced team’ at Montanios & Montanios LLC represents a range of leading global financial institutions and routinely works on high-value transactions that often span multiple jurisdictions. It frequently works with major international law firms and domestic banks, particularly on ship and aviation financing matters. The group also advises on high-value property financing transactions in both Cyprus and abroad. Acis Montanios and Adam Montanios are the joint heads of the department.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘An excellent team, with specialist shipping knowledge. The team is consistently able to efficiently and comprehensively navigate any hurdles that may arise during the course of a transaction.'
‘Adam Montanios and Alki Montanios are very responsive and commercially aware.’
‘Our major contact is Mrs Maria Toumazi and her team. Maria always responds and provides her services most professionally and promptly. ’
‘We have been cooperating with Montanios on shipping finance transactions for several years. What makes this practice unique is its consistently top-of-the-range level of personalised service and collaboration, and its punctuality and high quality of deliverables.'
‘Adam Montanios and Elvina Montanios - their professional skills and diligence are undisputable. Their work output has always been delivered punctually and with a perfect track record in terms of correctness and accuracy.'
‘Great expertise, punctual and valuable advice and timely work - Acis Montanios, Maria Toumazi, and Alki Montanios.'
Key clients
- Abn Amro Bank N.V.
- Aegean Baltic Bank S.A.
- Alpha Bank A.E.
- Astrobank Public Company Limited
- Banco Santander, S.A.
- Bank of Cyprus Public Company Limited
- Credit Agricole Corporate and Investment Bank
- Eurobank Cyprus Ltd
- Hellenic Bank Public Company Ltd
- National Bank Greece S.A.
- Svenska Handelsbanken AB (Publ)
Work highlights
Advised on an international financing transaction involving a multi-million-dollar loan to a Cyprus company, with an option to increase the loan through an accordion facility.
Advised on post-merger actions following the merger between two global banks, involving Cypriot companies and Cyprus-flagged vessels financed by one of the banks.
Advised on the launch of a sustainable shipping fund, involving the acquisition of a number of methanol-fuelled MR tankers.
Practice head
Acis Montanios; Adam Montanios
Other key lawyers
Alki Montanios; Maria Toumazi; Elvina Montanios; Anna-Maria Leotsakou