Fisheries and Aquaculture
The practice at BAHR… is singled out for its transactional strength and regulatory expertise.
BAHR – acute on aquaculture
Norway is often portrayed as a land of mountains. But you could also picture it as a land of water – from the fjords to the open ocean, Norway administers an area of sea seven times larger than its mainland. Fisheries and aquaculture (the seafood industry) is our second largest export industry.
Such an important and environmentally-sensitive industry has attracted considerable – often highly complicated – regulation. Fortunately, our experienced team can help you through the complexities of the licensing regimes and framework regulations, guiding your project to a successful conclusion. From innovative fisheries schemes to major acquisitions, BAHR is at the forefront of the field, handling such high-profile recent matters as:
- Assisting leading salmon farmer, Midt-Norsk Havbruk, with ‘Aquatraz’ – an innovative fish farm design that is among the first projects successfully carried out under the Norwegian development licence regime.
- Advising Cermaq, one of the world’s largest companies in the area of salmon and trout farming, with its innovative iFarm project assisting with both regulatory issues and contract negotiations.
- Acting as legal counsel to the joint global coordinators DNB Markets and Arctic Securities on the listing of pioneer land-based salmon farming business, Atlantic Sapphire ASA, on the Oslo Stock Exchange.
Whether you are contemplating an investment in an aquaculture business, require advice on Norway’s regulatory codes or for any other fisheries and aquaculture related matter from intellectual property disputes and administrative appeals to tax advice, our business-focused team has the experience you’re looking for.
For more information on how we can help you, please get in touch with one of our key points of contact.