Fisheries and Aquaculture

Fish and seafood are, after oil and gas, Norway’s most important economic export. Domestically, the percentage of seafood being consumed is increasing in groceries, hotels, and restaurants. The industry is thoroughly regulated and is closely monitored by government agencies.

Brækhus has followed the industry for many years and has expertise with both national and international regulations and legal-commercial conditions. We understand the quota system for fisheries and fishing, the regulation of distribution channels, and the processing industry as it pertains to store/end-user input and have advised participants at all stages of the distribution network. We assist with contract negotiation and design for customers and suppliers, collaborative processes, acquisitions and mergers, and government relations regarding changes or additions to permit requirements.

We assist with:

• Interpretation and understanding of regulations
• Government relations
• Contract negotiations
• Building contracts for vessels
• Concessions
• Transactions
• Tax and duty legal advice
• Board responsibilities
• Disputes