Starting 1 January 2025, offshore ships must comply with EU MRV emission reporting rules as the ­European Commission defines their role in meeting climate targets.

BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN form in response to the growing number of remotely controlled and eventually fully autonomous ships. The form intends to address the specific risks and responsibilities associated with remotely controlled and autonomous ships.

Much has been written about the FuelEU regulations’ impact on the shipping industry, but with just a month to go before ­regulations fully take effect, there will still be work to be done on contractual arrangements to ensure that they properly address the requirements of this new regime.

Direct lending has so far been largely absent in the Norwegian market due to regulatory constraints. However, the regulatory landscape is about to change which will present new possibilities for non-bank lending.

Charterers are increasingly requesting to receive quiet enjoyment letters (“QELs”) from the mortgagees of chartered vessels. As there has not been any standard format for QELs, owners have often found themselves caught in the middle of protracted negotiations between the charterers and the mortgagees when QELs are requested. To meet the longstanding need for a standard format acceptable to charterers, mortgagees and owners, BIMCO published two standard form QELs on 21 February 2024.

Since its original introduction in 1988, the BIMCO standard ship management agreement SHIPMAN (revised in 1998 and 2009) has established itself as the global standard ship management agreement. Adopted on 22 March 2024, the new SHIPMAN 2024 represents a light touch revision of the standard form, incorporating established standalone clauses and new provisions reflecting these developments.

In advance of the recent inclusion, as from January 2024, of the shipping industry in the European Union Emissions Trading System (EU ETS), BIMCO introduced a new ETS clause tailored specifically for ship management agreements.

Carbon Capture & Storage (CCS)

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Company Law

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Partner

Andreas has a broad international transaction practice focused on strategic advice and implementation of investments, joint ventures, bank-, bond- and project financings and restructurings within the maritime industries. He is heading the department for shipping- and offshore projects

Andreas regularly assists Norwegian and international clients with negotiations of agreements for construction and conversion, sale and purchase, chartering, management and operation of ships, offshore units and ocean infrastructure. 

Andreas is dual qualified as a Norwegian Lawyer and a Solicitor of England & Wales.

Oslo

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Andreas has a broad international transaction practice within shipping, offshore and ocean infrastructure.

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