Lloyd’s Salvage Arbitration Branch has released a new Lloyd’s Open Form of Salvage Agreement (“LOF 2024”), as well as a new Lloyd’s Salvage Arbitration Clause (“LSAC 2024”).

On 4 June 2024 BIMCO released a new version of WRECKSTAGE, which has long been the industry standard agreement for maritime wreck removal projects where the contractor is remunerated on a lump sum basis. Several changes have been made to this new version, the most important being a new optional risk allocation procedure, which is intended to give greater certainty in the allocation of risks. The result is an improved form which will no doubt be warmly welcomed by the industry.

Lloyd's Salvage Arbitration Branch has released a new Lloyd's Open Form of Salvage Agreement ("LOF 2024"), as well as a new Lloyd’s Salvage Arbitration Clause ("LSAC 2024").

Yesterday, BIMCO released a new version of WRECKSTAGE, which has long been the industry standard agreement for maritime wreck removal projects where the contractor is remunerated on a lump sum basis. Several changes have been made, the most important being a new optional risk allocation procedure, often referred to as QRA (quantitative risk assessment), which is intended to give greater certainty in the allocation of risks. The result is an improved form which will be warmly welcomed by the industry.

In March of this year, the United Nations passed an historic resolution which may result in a legally binding treaty to combat plastic pollution in the oceans.

In the spring of 2019, the cruise vessel “Viking Sky” suffered engine failure and almost grounded. Nearly three years later, a Norwegian Official Report (NOU 2022: 1) on how to reduce the risk of casualties within the cruise sector has been published.

In November 2020, the limitation fund established following the grounding of the “Full City” near Langesund, Norway, in 2009 was finally distributed. The limitation fund proceedings, which ran in parallel with the proceedings concerning the limitation fund established following the “Server” casualty in 2007, have helped clarify several procedural aspects of limitation funds.

Dispute Resolution

Maritime and Offshore Emergency Response

Offshore

Ship and rig recycling

Shipping

Shipping Offshore

Of Counsel

Morten is a maritime and offshore lawyer specialised in international maritime law, particularly related to casualty work and large wreck removals, assisting Norwegian and international clients; in particular P&I Clubs, hull underwriters and ship- and offshore unit owners. 

After working a few years in the Oslo office he was heading the Kobe office for six years before moving to England where he headed Wikborg Rein’s London office from 1997 to 2008. Morten is recommended by Chambers and Partners as "Senior Statespeople" in the category Shipping, litigation (listed last 18 years) and as "Hall of Fame" in Legal 500. He has 37 years experience in his field and has in this period handled some of the largest and most complex casualties worldwide (see link under Contact Details). 

In 2022, Morten received the Lifetime Achievement Award by the "Salvage & Wreck" Community, London.

"He is a truly international lawyer with a unique standing in casualty and wreck removal work. We appreciate his problem-solving ability. His standing in the market is incredibly high, and he is respected by clients and opponents alike." Chambers and Partners

"Very seasoned and practical maritime lawyer with special expertise and experience in dealing with maritime casualties. Well-known to most other stakeholders, e.g., correspondents and opponent lawyers. Strong strategic and tactical abilities, plus high availability and accessibility. Strong collaboration skills with us as client." Legal 500

Oslo

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Morten is a maritime and offshore lawyer specialised in international maritime law, particularly related to casualty work, assisting Norwegian and international clients.