We are truly happy about this important and acknowledged recognition. This is a team effort to which the whole of Wikborg Rein has contributed, and we are truly happy with these results!
We are delighted to announce that we have once again achieved top rankings in Chambers Europe in a total of 19 categories, which is more than any other Norwegian law firm.
We have assisted Summa Equity AB with an acquisition of a controlling stake in Stim AS. The investment sees Summa Equity partnering with Stim AS' founder and owner, Jim Roger Nordly.
In addition to complying with private contracts with fish farmers and general shipping regulations, well boat operators have to comply with certain aquacultural rules. For anyone operating in the well-boat market, basic knowledge of this regulatory framework is crucial.
To meet the demand for the transportation and handling of live fish, fish farmers can either charter well-boats or enter into general contracts for carriage of goods. The type of contract used will determine the shipowners’ possibility to limit liability for loss or damage to live fish during transportation.
New technology in aquaculture is enabling offshore farming and the increased use of closed cages. New regulations may trigger significant investments in the years to come, resulting in an increased demand for new building and supply services.
The regulatory framework that exists within the shipping and offshore industries is long established. Whilst the existing framework effectively extends to also encompass the offshore floating wind sector in Norway, the same cannot be said for deepwater fish farms.
