BAHR has a comprehensive shipping practice across the range of contentious and non-contentious mandates. The firm is particularly active in shipping M&A transactions, as well as regularly assisting clients on matters relating to the green shift. Co-head Henrik Aadnesen is a name of note for transactions, finance, and project management for a varied client roster, while co-head Rebecca Lund Nakkim chiefly focuses on shipping finance. Seasoned litigator and arbitrator Geir Gustavsson is another name to note at the firm, while on the transactional side, Anne Dahl Frisak is a key contact. Hågen Hansen‘s varied shipping practice covers project development, construction, and financing.

Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality

Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

‘My experience with BAHR as counterparty has always been a very pleasant and respectful experience. Although we have represented the opposite interests, BAHR has been very approachable, solution-oriented, provided good advice, been respectful and humble, listened to and addressed our concerns, solution oriented and always available. The advice from are usually on point and good. The shipping team is always a pleasure to work with, whether they are acting as our advisor or (as usually) our counterparties´advisors.’
‘On the shipping team, I have mostly worked with Henrik Aadnesen and Rebecca Lund Nakim. Henrik is extremely knowledgeable not only as a shipping lawyer but also as a ship finance lawyer. He is truly an all-rounder who understands all areas of shipping, humble and always able to find a middle ground that his clients and we are comfortable with and able to agree on. He is also a good listener and appreciates the difficulties the counterparty is facing, but without compromising his client´s interests, has a way and a solution for the forward that his client can be comfortable with. His profound financing and shipping knowledge, together with his cooperative and solution-oriented approach, is one of the reasons why he is one of the preferred lawyers to work with and have as a counterparty.’
‘The team is commercial and can see the bigger picture. In addition, they are competent and act fast.’
‘Built through the years a close relationship, where the lawyers are familiar with how we ''think'', what sort of values we always demand. The list is long, but honesty, integrity, transparency and, of course, top focus on our demands and always available when required. And not to forget top knowledge/understanding of all the ''wonderful'' challenges working in the shipping business - ''never a dull day!''’
‘My working relationship with Geir Gustavsson and Anne Dahl Frisak goes back many years, and they are the backbone of the shipping and offshore team.’
‘Highly competent team with experts within all sorts of shipping-related law, backed by a solid organisation which can be utilised if and when needed.’

Key clients

Ocean Yield
Edda Wind
Prosafe
Yinson Production
EnTrust Global
A.P. Moller Holding
HitecVision
Frøy AS
AMSC ASA
Torghatten Group
Grieg Group
Østensjø Group

Work highlights

Advising EnTrust Global on its NOK 5.2 billion acquisition of Belships ASA through a voluntary cash offer, with a 97.9% acceptance rate and compulsory acquisition of remaining shares.

Advising A.P. Moller Holding on the USD 1.112 million sale of Maersk Supply Service to DOF Group ASA, partly in cash and partly in DOF shares.

Advising Ocean Yield on the USD 576 million sale and leaseback of up to ten Newcastlemax dry bulk newbuilds to CMB N.V., each to be bareboat chartered for 15 years to an operator.