Fisheries and aquaculture

Throughout the years, The LOGOS team has excelled in addressing numerous legal matters for domestic and foreign companies and individuals operating in shipping and the fishing industries.

Our work in these areas include:

The Fisheries Management System: Advice and analysis regarding the fisheries management system for domestic and foreign clients. LOGOS provides an understanding of the function and values of the system, which is crucial for investors and those with related interests to protect.

New Building of Vessels: Drafting of new building contracts for vessels and with such contract disputes. LOGOS has advised Eimskip, the Icelandic Coast Guard and Icelandic fishing companies on building new vessels in China, South America and Europe.

Sale and Purchase of Companies, Catch Permits and Used Vessels: Advice and preparation of documents for domestic and foreign buyers and sellers on the sale and purchase of companies in the fishing industry as well as catch permits. Preparation of agreements and documents in connection with sale on return agreements and export of seafood products. Advice on and preparation of agreements for the sale and purchase of second-hand vessels. LOGOS has extensive experience with the Norwegian SALEFORM 1993 and 2012 for such transactions.

Financing, Restructuring and Taxes: Advice in connection with financing, both directly and indirectly, in the fishing industry, including financial restructuring and taxation matters. LOGOS is a leading firm in the field of tax law and provides a wide-ranging advice for fishing companies and vessel owners.

Vessel Repairs: Assistance in disputes matters relating to faulty vessel repairs, provided for fishing companies, repairers and insurance companies.

Charter Party: Preparation of charter parties, such as Bareboat Charter Party, Time Charter Party and Voyage Charter Party, as well as assistance in disputes regarding such contracts.

Crew Members and Employee Matters: Preparation of service contracts, employment contracts and dismissal of crew members and other employees. LOGOS has extensive experience in matters of personal injuries to crew and has provided assistance to crew members, fishing companies and insurers in such matters.

Cargo Loss and Damage: Advice for both the carrier and the claimant (shipper and/or consignee) regarding all matters connected with cargo claims. LOGOS has been involved in preparing conditions of carriage and other terms and conditions for Eimskip; these are often tested in cases concerning cargo claims.

Salvage: Assistance and advice for both the salvaged vessel and salvors. LOGOS has extensive experience determining salvage awards under the Icelandic Maritime Act and what measures need to be implemented following a salvage operation.

Assistance in Maritime Accidents: Advice for owners and operators of vessels as well as insurance companies in matters of collision, grounding and sinking of vessels. Among other things, this includes initial actions and handling of claims.

Intellectual Property Rights and Protection of Trade Secrets: Diverse legal services in connection with development of new technological solutions, assistance in relation to the protection of underlying intellectual property rights, such as patents, copyright, trademarks and trade secrets, and licensing agreements.

Litigation in all Practice Areas and Dispute Resolution: LOGOS has decades of experience handling litigation in all types of cases concerning the fishing industry and maritime law. This includes litigation of claims concerning cargo, accidents, loss, damages, defects, collision and salvage.