IMG frequently deals with the full range of legal issues affecting those involved in the operation and ownership of fishing vessels, advising on – among other things – charter parties, shipbuilding contracts, insurance policies, and cargo claims.
The nature of the fishing industry often requires that matters be dealt with on an urgent basis and our legal practitioners travel widely and at short notice. We also advise on fishing company start-ups and business entity formation; sales and purchases of businesses, vessels and quota; establishment and operation of joint ventures; preparing, catching and commercial fishing agreements; fishing contracts; risk management and compliance contracts; and financing issues and preparation of loan, financing and security agreements.
IMG regularly acts for fishing vessel owners, fish producer organizations and vessel managers in this specialist area of law, advising our clients throughout the application for and transfer of fishing licenses, in the establishment of license entitlements and the transfer of license entitlements and in fish quota sale, purchase and leasing arrangements.
Our success in this practice area has been guided by our steadfast focus on thoroughly understanding the global seafood industry and providing the legal solutions that enable our clients to reach their goals. By providing our clients with timely and affordable legal services, IMG has built strong relationships with some of the largest seafood companies in the world.
R. Isaak Hurst, Esq.
Founder and Principal Attorney
- Tender Contracts and Purchase and Sale Agreements
- Maritime Liens
- Shipyard Disputes
- Lender Agreements
- Crew Contracts
- Insurance Policy Analysis
- Custom Processing Agreements
- Regulatory Compliance and Risk Management
- Charter Party Agreements
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Who we work with
IMG has a long history of advising fisherman, vessel owners, seafood processors, and traders in the global seafood industry.
When it comes to the legal issues that impact our clients, there is nothing we can’t handle.
IMG regularly acts for fishing vessel owners, fish producer organizations and vessel managers in this specialist area of law, advising our clients throughout the application for and transfer of fishing licenses, in the establishment of license entitlements and the transfer of license entitlements and in fish quota sale, purchase and leasing arrangements. In addition, IMG’s legal team frequently help commercial fisherman buy, sell, and charter vessels for their operations. We regularly advise a diverse range of international clients including owners and operators, and our advice to clients covers the full spectrum of non-contentious financial work including ship finance and leasing transactions, corporate structures for ship ownership and joint ventures, ship construction, and refund guarantees.
IMG is well-poised to represent seafood processors, particularly with their transactional issues. We assist clients with day-to-day contractual and operational disputes, including charter party reviews and disputes, laytime and demurrage adjustments, insurance policy reviews, letters of credit, supply contracts, terms for physical sale and purchase, storage and throughput agreements, joint ventures, regulatory issues and sanctions, and trade finance contracts. Indeed, as a result of acting for fishing vessel owners and operators across the globe, IMG offers an unrivalled level of experience and knowledge in this complex and demanding area of law. With clients ranging from small custom processors to multinational corporations boasting a fleet of catcher-processors, IMG can provide the advice and support you require.
Shippers, Brokers and Seafood Traders
Our expertise spans the entire logistics chain. We act for the shippers/manufacturers/traders who produce/sell the fish and fish products including some of the world’s leading brand names in their sector; the shipping and airlines that transport the fish and fish products across the globe; the cold stores that store the produce ashore; the freight forwarders/road hauliers, the end buyers and all the insurers. We see the problems that arise from both sides of the fence, in relation to bulk goods and reefer units, which means we are uniquely placed to assist. We help our clients to draft clear contracts in order to try to prevent disputes arising. That primarily involves sales contracts, in particular standard terms, as well as charter parties and COAs.
IMG isa proud Member and Supporter of the National Fisheries Institute, the North Pacific Fisheries Association, the Northwest Fisheries Association, and the United Fisherman of Alaska.
The National Fisheries Institute
Northwest Fisheries Association
The North Pacific Fisheries Association
The Seafood Harvesters of America
United Fisherman of Alaska