The FuelEU Maritime Regulation introduces a voluntary pooling mechanism. If shipping companies choose to use the pooling mechanism, they may effectively use the over-performance of one ship to compensate for the under-performance of another ship. This could present new commercial opportunities for shipping companies.

The inclusion of the shipping industry in the EU Emission Trading System as per Directive 2003/87/EC ("the EU ETS") from 1 January 2024 is now fast approaching. According to Article 3 in the said directive, it is the "shipping company" that is responsible for compliance with the EU ETS-obligations, hereunder to surrender emission allowances.

The European carbon market has grown substantially since its start in 2005. With the extension of the EU ETS to include the shipping sector, and an annual reduction of more than 4% of the overall number of emission allowances in the market, the price is expected to rise. This means an increased need and interest amongst stakeholders to understand  how trading with emission allowances is regulated.

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.

On 21 April 2022 BIMCO released SHIPSALE 22, its new standard contract for sale/purchase of vessels.

The maritime sector has for many years been actively developing new technology which aims to ensure that the green transition and the climate goals can be achieved. The sector is now close to being ready to take the next steps. However, unless some form of public support is introduced for the operational phase, the transition will likely take more time than some may wish for.

On 14 July 2021, the European Commission presented a package of proposals aimed at ensuring that the European Union achieves its goals of cutting greenhouse gas emissions by at least 55% by 2030. The proposals include, among other things, the new FuelEU Maritime initiative, specifically aimed at the shipping industry.

Finansiering

Fiskeri og havbruk

Shipping

Partner

Øyvind har vært leder for firmaets Shipping og Offshore-gruppe, og har nå overtatt som Managing Partner ved Wikborg Reins Bergens-kontor. Øyvind arbeider hovedsakelig med alle typer transaksjoner innenfor shipping/offshore. Øyvind bistår også verft og rederier ved bygging og ombygging av skip i Norge og utlandet. I tillegg til transaksjonsoppdrag forbundet med kjøp og salg av virksomheter, gjelds- og egenkapital finansiering, har han også ledet store restruktureringsoppdrag innenfor shipping og offshore sektoren. Øyvind er anerkjent i Legal 500 og Chambers.

Bergen

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Øyvind er Managing Partner ved vårt Bergens-kontor. Han arbeider hovedsakelig med alle typer transaksjoner innenfor Shipping/offshore.