J. Stephen Simms



J. Stephen ("Steve") Simms is a principal of Simms Showers LLP. With offices in Baltimore and metropolitan Washington, D.C., Simms Showers is one of the most active United States firms working in the area of vessel arrest, maritime attachment, and related maritime remedies for creditors. The firm has to date recovered over U.S. $200 million for its clients as the result of successful vessel arrest and maritime attachment proceedings throughout the world. Simms Showers or its principals have been involved in every major United States and international maritime bankruptcy since 1985, including Hanjin, Cho Yang, Korea Lines, OSG, Genmar, Eastwind (Probulk), and Trailer Bridge.


Lessons From the Bunker Industry's "Anni Horribilis"

By J. Stephen Simms 2017-02-20 17:54:40

[By J. Stephen Simms and Marios J. Monopolis] In 1992, Queen Elizabeth gave a speech marking her fortieth year as Queen of England. Her speech is better remembered, however, as her expression of how difficult that year had been. She called it a “horrible year” – “not a year on which I shall look back with undiluted pleasure,” the Queen said. “In the words of one of my more sympathetic correspondents, it has turned out to be an ‘Annus Horribilis.’...

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rogue wave

Preparing for the Next Unthinkable Sinking

By J. Stephen Simms 2016-10-12 21:19:07

Hanjin was the world’s seventh largest container line. OW was one of the world’s largest bunker traders and providers. Both spectacularly collapsed in the largest insolvencies of their kind in history. Each has caused the many bunker traders and suppliers dealing with them to suffer significant losses. They traded with Hanjin and OW vigorously right up until each filed insolvency proceedings. Some saw the problems that were coming and got out, but others seemed to think that their collapse was unthinkable. How...

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