Mr Simen Varhaug

Simen Varhaug


Shipping & Transport

Bareboat registration – new initiative to retain Norway's position as leading maritime nation
Norway | 15 July 2020

The Norwegian regulations on ship registration have been criticised for being complicated and outdated, thereby making the Norwegian ship registers unattractive compared with more flexible alternatives offered by the so-called 'flags of convenience'. In response to such criticism, Parliament recently passed a bill effecting certain amendments to the relevant legislation aimed at opening up and facilitating the parallel registration of ships (bareboat registration) both in and out of the Norwegian ship registers.