Following the Paris Agreement, Carbon Capture and Storage (CCS) has emerged as a promising tool to substantially reduce carbon emissions. Whilst CCS’s potential is considerable, it is still a developing industry that needs efficient means of transportation.

In the first arbitration award known to have been rendered under the new procedural rules of the Nordic Offshore and Maritime Arbitration Association (NOMA), the tribunal clarified that the insurers’ right under Norwegian insurance law to deposit insurance payments with liberating effect, also applies to co-insurance pursuant to the Nordic Marine Insurance Plan (Nordic Plan).

Following a long legal battle before the Norwegian courts, the Court of Appeal has dismissed a claim by the owners of the vessel “Champion Express” for a constructive total loss (“CTL”) under the Nordic Plan. 
Wikborg Rein acted for the insurers in what has been the first Norwegian judgment on CTL since the now 31-year-old ND-1992-172 Berglift judgment.

The Nordic Marine Insurance Plan of 2013, version 2023, has recently been approved following negotiations between the Nordic shipowner associations and the Nordic Association of Marine Insurers.

Maritime and Offshore Emergency Response

Carbon Capture & Storage (CCS)

Contract Law and Construction

Insurance Law

Dispute Resolution

Shipping

Managing Associate

Halvard provides expert advice, negotiation, and litigation services in the areas of insurance, maritime insurance, and contract law. 

Having dealt with liability and cover disputes in Hull & Machinery insurance, war insurance, and ship repairs and conversions, Halvard navigates the complexities of the sector. He consistently supports both Norwegian and international clients with their regular insurance and contract law requirements. 

Over the past decade, Halvard has appeared in several cases before the courts and arbitration, playing key roles in several of the major cases handled by the department. His skills extend beyond litigation, as recent work includes successful negotiation of a cross-border transport and storage agreement in the continuously evolving Carbon Capture and Storage (CCS) sector.

Oslo

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Halvard assists clients with counselling, negotiation and litigation within issues concerning insurance, maritime insurance and contract law.