Lex Law Offices's long-established team offers comprehensive coverage of shipping and the transport of goods, with areas of expertise including contracts of carriage, sea way bills, shipbuilding contracts, and sale and purchase agreements. Major shipping company Samskip is a long-term client of the firm, receiving advice on a broad range of contentious and non-contentious mandates. Team lead Lilja Jónasdóttir, praised by clients for her 'experienced know-how', is a specialist in the practice area with supplementary knowledge of insurance and tort law. Guðrún Lilja Sigurðardóttir made partner in January 2023 and advises both domestic and foreign companies on maritime and shipping law.

LOGOS fields a team with 'exceptional knowledge and experience', which is active across the full spectrum of transport matters. The considerable shipping and maritime expertise of the department is bolstered by coverage of aviation and aircraft finance matters, with the group regularly acting for airlines, aircraft owners and banks. The group is jointly led by Einar Baldvin Axelsson and Erlendur Gíslason; Axelsson is certified as a real estate and vessel broker, and acts as chairman of the Board of Directors of the Icelandic Maritime Law Association, while Gíslason leads on aviation matters, and is a qualified Supreme Court Attorney. Fannar Freyr Ívarsson made partner in January 2023 and specialises in aircraft finance work.

Juris is a key name in the Icelandic fishing industry, with experience in all fishing quota and administrative law matters. In addition to coverage of traditional maritime mandates such as the financing, construction, and maintenance of ships, the group is also active in the developing aquaculture field, and in work arising from the transition to net-zero. Fishing sector expert Sigurbjörn Magnússon co-leads the department alongside Finnur Magnússon, who specialises in international trade work.