Firms To Watch: Maritime law

Gjelsten Herlofsen Advokatfirma AS continues to handle a high level of marine insurance cases, including claims related to damaged cargo and vessel arrest proceedings, under the leadership of seasoned experts Frithjof Herlofsen and Gaute Gjelsten.

Maritime law in Norway

BAHR

BAHR’s leading and full-service maritime practice runs the gamut of ship finance issues, dry shipping matters, marine insurance work, and contentious mandates. Acting for leading domestic and international shipping companies as well as broker firms and insurers, the team has notable strength in cross-border matters. Henrik Aadnesen and Rebecca Lund Nakkim now co-lead the group after joining from Advokatfirmaet Schjødt in June 2023. Aadnesen takes point on shipping finance matters and transactional mandates, while Nakkim handles shipbuilding work, the sale and purchase of rigs and vessels, and charter contracts. Geir Gustavsson and Anne Dahl Frisak remain with the practice; the ‘high-calibre‘ Gustavsson has a broad practice spanning shipbuilding, project finance, and contentious mandates, while Frisak is the key contact for sale and leaseback projects and shipbuilding contracts.

Praxisleiter:

Henrik Aadnesen; Rebecca Lund Nakkim


Weitere Kernanwälte:

Anne Dahl Frisak; Geir Gustavsson; Marte Leveraas


Referenzen

‘Clear communications, swift responses and clear advice.’

‘Anne Dahl Frisak is knowledgeable and provides targeted and appropriate advice.’

‘Excellent competence and knowledge of maritime law combined with a good understanding of commercial issues.’

Kernmandanten

Eastern Pacific


Torghatten


PGS


Østensjø Group


Color Line


Okeanis


Navig8


Nordea


DNB


The Aker Group


Assuranceforeningen Skuld (Gjensidig)


Norwegian Hull Club


Star Bulk


Cool Company


Edda Wind


Golden Energy Offshore


NRP/Premium Maritime Funds


Hurtigruten Group ASA


Stadyard


Wilh. Wilhelmsen


Wallenius Wilhelmsen


Grieg Group


Ocean Yield


AMSC ASA


Highlight-Mandate


  • Advising Ocean Yield and Ocean Yield Malta on a variety of large and complex transactions, including the $576m sale and leaseback of up to ten Newcastlemax dry bulk newbuildings; the $240m purchase of three 5,500 TEU newbuilding container vessels currently under construction; and the $245m acquisition of two newbuilding ethylene gas carriers (LEG).
  • Acting as lead legal adviser to seismic giant PGS on a private placement of new shares, raising approximately $150m, along with the issuance of a new $450m senior secured bond with a four-year tenor.
  • Represented Norwegian Hull Club’s P&I department in a dispute with West of England P&I Club related to substantial damage to a valuable cargo of drilling rigs carried on the bulk vessel MV Ocean Prefect from China to Venezuela.

Advokatfirmaet Simonsen Vogt Wiig

Advokatfirmaet Simonsen Vogt Wiig leverages the firm’s domestic network of offices to advise on the full range of shipping and maritime issues, fielding a ‘very experienced‘ team with a solid presence along the Norwegian coast. The full-service offering spans corporate and commercial mandates, ship finance work, offshore matters, as well as casualty work and litigation. Erlend Lous attracts praise for his ‘encyclopaedic knowledge of maritime law’ and takes point on complex financing issues in the shipping and offshore sectors, while Yannis Litinas specialises in cross-border transactions. The ‘extremely talentedChristine Rødsæther handles the full range of transactional shipping mandates, including bareboat charters, shipbuilding contracts, sale and leasebacks, and ship financings. ‘Fantastic tacticianHågen Hansen rounds out the team and is a key name for shipboard investigations, casualty work, and contentious matters; expert litigator Lars Inge Ørstavik is another individual to note here.

Praxisleiter:

Yannis Litinas; Jan Vablum; Gunnar Espeland


Weitere Kernanwälte:

Erlend Lous; Christine Rødsæther; Lars Inge Ørstavik; Hågen Hansen


Referenzen

‘We have worked with Erlend Lous on two transactions and his performance was outstanding: very professional, valuable advice, very efficient, patient, strong in negotiations to protect our best interest but still commercial and diplomatic. One of the best lawyers I have personally worked with over more than 10 years.’

‘Deep understanding of the market and exceptionally hands-on partners.’

‘Yannis Litinas represents one of the sharpest minds in the maritime finance space in Europe. He is exceptionally hands-on and his capacity to find commercially viable solutions to complex challenges is second to none.’

Kernmandanten

Blystad/Songa Group


Clarksons (Oslo)


DNB Bank


Energifonden Maritime AS


Eurazeo


Fearnley Securities AS


Grieg Shipping II AS


Grieg Edge AS


Grieg Shipbrokers


Green H AS


Hudson Structured Capital Management Ltd.


Lunasol Polaris


Fosen Yard AS


Gjensidige Forsikring ASA


Grieg Star


Maritime Asset Partners Limited


Ness Risan & Partners


Sterling Shipping Ltd


RF Ocean SA with subsidiaries


Uthalden Maritime


Zonda Drilling AS


Highlight-Mandate


  • Acting for the owners and the insurers of the crude oil tanker Sola TS in litigation against the Norwegian Government following the collision with and subsequent sinking of the Norwegian Navy’s frigate KNM Helge Ingstad.
  • Advised Sterling Shipping Ltd. of Malta with subsidiaries on the (i) acquisition of its 4th bulk vessel, (ii) reflagging of vessels and restructuring of the group, and (iii) refinancing of the fleet of vessels.
  • Advised UMAS 1 AS on the purchase and employment/operation agreements of the drilling rig SSV Catarina.

Advokatfirmaet Thommessen AS

Drawing on the firm’s notable strength in banking and finance, the ‘extremely hardworking and responsive‘ maritime practice at Advokatfirmaet Thommessen AS stands out for its expertise across the full range of transactional shipping and maritime work. Acting for owners, banks and syndicates, the team is especially active on Norwegian shipping transactions as well as refinancings and restructurings in the offshore supply sector. ‘Excellent partnersMads Haavardsholm and Henrik Hagberg jointly lead the team; Haavardsholm has a broad corporate shipping practice spanning vessel sales and purchases, shipbuilding contracts and charterparty negotiations, while Hagberg is the key name for cross-border transactions and dispute resolution in the space. Casualty work and marine insurance issues are handled by Andreas Meidell, and Ellen Teresa Heyerdahl is recommended for her ‘one-of-a-kind’ ship finance expertise.

Praxisleiter:

Mads Haavardsholm; Henrik Hagberg


Weitere Kernanwälte:

Ellen Teresa Heyerdahl; Andreas Meidell


Referenzen

‘Thommessen stands out from the crowd.’

‘Strong understanding of complex shipping transactions and ability to find solutions to challenges.’

‘Extremely hardworking and responsive. Well connected in the global maritime financing space.’

Kernmandanten

Höegh Autoliners and Höegh LNG


Wilh Wilhelmsen Holding ASA/Wallenius Wilhelmsen ASA


Gard AS


Seaway 7 ASA


Pareto Securities AS


Island Offshore AS


Jo Tankers AS


Knutsen NYK Offshore Tankers ASA


Norwegian Hull Club


BW Maritime/BW Offshore/BW LPG


DeepOcean AS


Fearnley Advisors AS


TRF Ship Management AS


Amon Maritime AS


Belships ASA


Kongsberg Gruppen ASA


Gdansk Shiprepair Yard “Remontowa” SA


Tschudi Shipping Company


Hunter Group ASA


Odfjell SE


Wilson


Sølvtrans


G2 Ocean


AquaShip


Gearbulk


DOF ASA


Viken Shipping


Arne Blystad AS


Western Bulk Charterering AS


Ocean Infinity


MPC Containerships ASA


Seadrill Offshore AS


Havfram Wind AS


Azane Fuel Solutions AS


Norwegian Hull Club – Gjensidig Assuranseforening


Gard AS


Solvang ASA


Arctic Securities AS


Highlight-Mandate


  • Representing Seadrill in a dispute concerning the redelivery of the rig “West Hercules” to SFL.
  • Assisted Norwegian insurers DNK and NHC in connection with cover considerations concerning vessels stuck in Ukraine after the outbreak of the war, including the sale of certain vessels being detained.
  • Assisted Havfram Wind with the entry into of a shipbuilding contract with Yantai CIMC Raffles Offshore Ltd for a second jack-up wind turbine installation vessel.

Wiersholm

Karl Even Rygh and Kristine Hasle jointly lead Wiersholm’s ‘excellent’ maritime team, which is routinely instructed by domestic and international ship and rig owners, service companies, and financial advisers on the full range of contentious and non-contentious mandates. On the transactional side, Rygh handles newbuilding and conversion projects and sale and leaseback work, while Hasle takes point on shipping and offshore-related restructuring work. Marine insurance is a notable area of expertise for the group, with ‘strategically sound’ litigator Christian Hauge acts for shipowners, insurers, and classification societies in major litigation and arbitration proceedings.

Praxisleiter:

Karl Even Rygh; Kristine Hasle


Weitere Kernanwälte:

Christian Hauge


Referenzen

‘Excellent team both professionally and socially. Strong strategic approach and good negotiators. Good reputation.’

‘Christian Hauge is very strong professionally and an excellent negotiator and very strong in the field of maritime law. Strategically sound and at the same time solution-oriented. Honest and direct feedback at all times in all cases. Good reputation and pleasant manner.’

Kernmandanten

Hurtigruten AS


Siem Industries


DNV


Golden Ocean Group Limited


Frontline Limited


Archer Limited


Avance Gas Holding Ltd.


Viking Supply Ships


Awilhelmsen


MPC Container Ships ASA


NYK Lines


Western Bulk Chartering AS


Sinoceanic Shipping AS


OSM Maritime Group


Flex LNG Ltd


Granne Forsikring


Tromstrygd


Nordlys Forsikring


Wilh. Wilhelmsen


Lindblad Expeditions


Maersk Supply Service


Seatankers


ADS Maritime Holding Plc


J. Lauritzen Singapore Pte. Ltd


Pareto Securities AS


Equinor ASA


The Norwegian Ministry of Petroleum and Energy (MPE)


SFL Corporation Ltd


AquaShip AS


Liberty Mutual Insurance SE


The Norwegian Ministry of Trade, Industry and Fisheries


Tidewater Inc.


Highlight-Mandate


  • Advised Tidewater on the acquisition of 37 PSVs from Solstad, together with the innovation of time charter parties and transfer of employees, for a price of $577m.
  • Advised OSM on the acquisition of/merger with Thome.
  • Assisted SFL Corporation Ltd in connection with the Chapter 11 proceedings relating to Seadrill Limited, hereunder taking redelivery of three drilling rigs which had been on lease to Seadrill.

Wikborg Rein

Wikborg Rein’s offering runs the gamut of maritime, shipping and offshore work, handling the full spectrum of dry and wet shipping mandates, disputes, and cross-border transactions. Øyvind Axe oversees the global team from the firm’s Bergen office, while Andreas Fjærvoll-Larsen, praised for his ‘exceptional industry knowledge‘, co-heads the group from Oslo. Also based in Oslo is Herman Steen, who heads up the shipping and offshore disputes subgroup and is described by clients as ‘unquestionably the leading light for casualty work‘. Oddbjørn Slinning handles marine insurance litigation and casualty mandates, while Morten Lund Mathisen attracts praise for his expertise in wreck removal contracts. At associate level, the ‘up-and-comingMari Berg Rindahl is also recommended for cross-border transactional work.

Praxisleiter:

Øyvind Axe; Andreas Fjærvoll-Larsen; Herman Steen


Weitere Kernanwälte:

Oddbjørn Slinning; Mari Berg Rindahl; Morten Lund Mathisen


Referenzen

‘Broad knowledge of shipping, offshore and sector-related financing. High quality across the board.’

‘Wikborg Rein is a longstanding market leader within maritime law in Norway. They have a unique understanding of all legal aspects related to the shipping and offshore industry, and combine thorough legal knowledge with outstanding industry knowledge.’

‘Andreas Fjærvoll-Larsen combines first-class knowledge of corporate, finance and contract law with exceptional industry knowledge to provide practical and solid advice. He is keenly involved in all aspects of our business, and we engage him as our trusted adviser on all important business decisions.’

Kernmandanten

Assuranceforeningen Gard


Gard Marine & Energy Ltd


DNB Bank


Floatel International


Fred. Olsen Windcarriers


Gram Car Carriers


Norwegian Hull Club


Odfjell Drilling


The Swedish Club


Solstad Offshore


Transocean Services AS


Skuld


Yara International ASA


DFDS


Hydro


Fearnleys


Codan Insurance


Hydor AS


Norgesgruppen


Norwegian Royal Navy


London P&I Club


BW Offshore


Pareto


Fjord1 AS


COSL Drilling


Macro Offshore


Highlight-Mandate


  • Acted as global lead counsel to the Solstad Offshore ASA group in connection with the sale of the group’s PSV fleet, comprising 37 vessels in operation along with related charterparties and onshore and offshore employees, to Tidewater Inc.
  • Successfully defended Gard Marine & Energy Limited and co-insurers as the H&M insurers against a claim for total loss compensation of $20m in a Constructive Total Loss decision.
  • Acted for Base Marine Norway AS, a joint venture between P&O Maritime FZE in Dubai and some Norwegian investors, in an arbitration with Kuehne + Nagel AS under a seven-year time charterparty.

Kvale Advokatfirma DA

Kvale Advokatfirma DA advises domestic and international clients in the offshore, oil and marine insurance industries on the full spectrum of shipping issues, spanning charterparties, casualties, marine insurance, and contentious work. The ‘excellentKristian Lindhartsen leads the team and has a focus on marine insurance work, including coverage disputes, direct-action matters, and various marine casualties. Jostein Moen is the name to note for transactions and restructurings in the shipping sector, while ‘master tacticianLilly Kathrin Relling handles charterparties, building contracts, and contentious work.

Praxisleiter:

Kristian Lindhartsen


Weitere Kernanwälte:

Lilly Kathrin Relling; Jostein Moen


Referenzen

‘Kvale has a very collaborative environment and the lawyers think outside the box with regularity. They have provided valued guidance over the years and become a go-to source for assistance in Norway.’

‘Kristian Lindhartsen is excellent.’

‘Kristian Lindhartsen and Lily Relling are the standout partners on the team. They work very well together and bring high value to the work before them. Kristian leaves no stone unturned in considering legal strategy. Lily is a master tactician in executing a plan with precision.’

Kernmandanten

Havila


Fearnlys Offshore


Bourbon Offshore Norway


Viking Engineering


GIEK


SR-Bank


First Marine


Brit Syndicate 2987


Nørresundby Rederi & Shipping af 2017


Vilma Oil


Hardangerfrakt


Clarksons Platou


Kongsberg Maritime


Statnett SF


Solution Seeker


WR Berkley Insurance (Europe)


Lancashire Insurance


Eagle Burgmann Norway


AOS Lifter


Compagnia Italiana di Navigazione


BW Offshore


SANDS

Marit Kirkhusmo heads up the dedicated shipping and offshore offering at SANDS, which spans all aspects of shipping-related work, including construction, shipbuilding and charter work, and contentious mandates. Kirkhusmo specialises in financing work in the shipping and offshore sectors and handles sale and leaseback issues, vessel constructions, and dispute resolution mandates for shipowners, brokers, insurance companies, and agents. Guy Leonard, dual-qualified in Norway and England and Wales, has extensive experience advising on project development and vessel chartering issues, with a notable emphasis on LNG floating storage and regasification projects. At associate level, Hallvard Janbu Høyem assists shipowners and shipyards with marine insurance and contractual matters.

Praxisleiter:

Marit Kirkhusmo


Weitere Kernanwälte:

Guy Leonard; Hallvard Janbu Høyem


Referenzen

‘What sets this practice apart is their unwavering dedication to client success. They take the time to deeply understand your unique needs and objectives, tailoring their legal strategies accordingly. Their team’s expertise spans a wide range of practice areas, ensuring comprehensive support.’

‘SANDS truly shines in their personalised approach and ability to stay ahead of the curve. A resounding 10/10 recommendation!’

‘Guy Leonard is truly exceptional. His leadership and expertise set him apart in the legal field. Guy’s ability to grasp complex legal issues and translate them into practical strategies is remarkable.’

Kernmandanten

Höegh LNG


Gjensidige Insurance


Vard Group


AKVA Group


Eitzen Group, including Camillo Eitzen & Co AS and Eitzen Avanti AS


Highlight-Mandate


  • Assisted Eitzen Avanti AS with the acquisition of B-Gas A/S, B-Gas NSG, B-Gas Pelagic and their subsidiaries (collectively, B-Gas) from Bergshav and its partners.
  • Advising Höegh LNG on the charter and delivery of two floating LNG storage and regasification units (FSRUs) for the fast-track LNG import projects at the Wilhelmshaven and Brunsbüttel Ports in Germany.
  • Advising Vard Group on the restructuring of DOF Group, which is a leading Norway-based ship-owning group in the offshore services industries.

Selmer

The shipping and offshore team at Selmer stands out for its strong track record in advising on shipbuilding and vessel finance work. Seated within the firm’s broader energy department, the group has notable expertise in charterparties, management agreements, and drilling contracts, particularly for clients in the oil services industry. Preben Berge Helverschou and Nicolai Myren oversee the team from Oslo and Stavanger, respectively; the ‘superb’ Helverschou joined the team from Kvale Advokatfirma DA in July 2023 and has expertise in wet shipping issues, contracts, and transactional work, while Myren takes point on contract negotiations, disputes, and project follow-up mandates. Also in the core team is Christian Steen Eriksen, who is recommended for contentious mandates in the shipping industry.

Praxisleiter:

Preben Berge Helverschou; Nicolai Myren


Weitere Kernanwälte:

Christian Steen Eriksen


Referenzen

‘This team distinguishes itself through deep expertise, professionalism, and a client-centric approach.’

‘They combine legal acumen with a commitment to client success. Potential clients can trust in their expertise and dedication.’

‘The stand-out quality of individuals at Selmer, particularly Preben Helverschou, is their exceptional expertise in maritime law. Preben’s precision and client-focused approach are unmatched, consistently delivering outstanding results.’

Kernmandanten

Eidesvik Offshore


Fjord1


Wilhelmsen


Reach Subsea


Ocean Installer


Westcon Yards


Eksfin


Hydor


Altera Infrastructure (formerly Teekay Offshore)


DSV Air & Sea Norway


Awilco Drilling


Halliburton


COSL Drilling


Yinson Production


Tersan Shipyard


Green Yard Kleven shipyard (formerly Kleven Verft)


Swire Energy Services


Technip Energies Group (various subsidiaries)


Magseis Fairfield


SpareBank 1 SMN


Skuld P&I Club


Rem Offshore


Olympic Subsea


The Norwegian Hull Club


Ræder Bing

Jon Andersen leads the maritime offering at Ræder Bing, which has notable expertise in cargo-related matters, handling liability claims, and marine insurance matters, as well as claims and disputes following collisions and groundings. Charterparty issues and commercial agreements also feature in the group’s workload. Andersen works alongside Kristian Østberg, who handles arrests, insurance matters, and charterparties.

Praxisleiter:

Jon Andersen


Weitere Kernanwälte:

Kristian Østberg


Referenzen

‘Jon Andersen is a very experienced transport lawyer. Highly recommended.’

‘Solid knowledge in logistics and broad experience background.’

‘Jon Andersen – solid knowledge base and understanding of client business. Efficient response to requests.’

Kernmandanten

Tryg Forsikring NUF


W.R. Berkley Insurance Nordic NUF


If Skadeforsikring NUF


MOWI Markets Norway AS


Gjensidige Forsikring ASA


AXA XL, Norway Branch


Zurich Insurance plc


Norwegian Coastal Directorate


Highlight-Mandate


  • Advised the City Court of Oslo on the Limitation fund following the grounding of the vessel ‘Server’ in 2007 near Hellesøy in Fedje in Norway.
  • Advising the Norwegian Coastal Administration on various maritime law issues including preparedness against acute pollution.

Advokatfirmaet Schjødt

Advokatfirmaet Schjødt’s full-service maritime practice sits within the firm’s broader shipping and oil services team, handling acquisitions, divestments, and restructurings for a diverse group of clients. Shipbuilding, ship conversion, and repair contracts are other key areas of expertise for the group. Erlend Bakken now leads the team, which also includes Norman Hansen Meyer, who assists ship owners, charterers, and managers with charterparties, management contracts, and marine insurance matters. Trond Sollund takes point on litigation and arbitration proceedings in the oil and gas sector, while the ‘wise and experiencedStian Tennfjord has a focus on shipyard-side mandates. The ‘astute, assiduous and accessibleCamilla Bråfelt handles contractual work, including charterparties. Henrik Aadnesen and Rebecca Lund Nakkim left the team in 2023 and are now at BAHR.

Praxisleiter:

Erlend Bakken


Weitere Kernanwälte:

Camilla Bråfelt; Stian Tennfjord; Øyvind Brandal; Norman Hansen Meyer; Trond Sollund


Referenzen

‘An outstanding team, superb client care paired with detailed, thoroughly thought out advice and approach. A very real alternative to the market offerings.’

‘The relationship and knowledge and expertise has been exceptionally good.’

‘Erlend Bakken and Camilla Bråfelt both go the extra mile to ensure our matters are solved and the advice given is appropriate and sufficient. They have been fantastic.’

Kernmandanten

Frontline Plc


Höegh LNG AS


Vard Group AS


SFL Ltd.


Prosafe SE


Intership AS


Northern Ocean Ltd.


Ava Ocean AS


Sanco Holding AS


Stove Bulk AS


Eastern Bulk Carriers AS


Reach Subsea AS