Holman Fenwick Willan is, as many of you will know, a law firm having close connections with the shipping industry: it was due to a 'chance encounter' while representing a Greek shipowner borrower 20 years ago that I met Arun Chauhan, then at the London branch of Fidelity Bank NA, one of whose specialist areas was the financing of ships being purchased for onward sale for demolition on the Indian sub continent.