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BDO builds on shipping and offshore presence

Norway is one of the world’s leading shipping nations, with companies operating in increasingly complex and global environments. BDO is a trusted audit partner to shipping and offshore companies, combining deep industry insight with strong technical expertise.

Our dedicated shipping teams support clients in navigating complex group structures, international operations and demanding reporting requirements. With hands-on partner involvement and close collaboration across our international network, we deliver efficient and high-quality audit services – enabling you to focus on operations and value creation.

Why BDO?

Dedicated shipping audit teams with extensive industry experience
Strong expertise in complex group structures and cross-border audits
In-depth knowledge of maritime regulation and reporting requirements
Close partner involvement and pragmatic, solution-oriented approach

Marte Collin

Industry challenges

The shipping industry is facing increasing complexity driven by market volatility, financing constraints, ESG requirements and geopolitical uncertainty. Companies must also comply with evolving international regulations, while managing capital-intensive assets and complex ownership structures.

Strong corporate governance, robust financial reporting and transparent communication with stakeholders are key to maintaining access to capital and ensuring long-term profitability.

How we support shipping companies

Audit & assurance

Statutory audit of annual and interim financial statements (IFRS, NGAAP, US GAAP)
Group audits and coordination of cross-border engagements
Assurance related to transactions, restructurings and capital market processes

Accounting and reporting

Complex accounting issues including revenue recognition, leases and financing structures
Impairment assessments of vessels and assets
Support with financial reporting and regulatory compliance

Tax and structuring

Tonnage tax regime compliance
Tax optimisation and structuring of shipping groups
Company establishments in Norway and internationally

Advisory and transactions

Restructuring and refinancing processes
Transaction and IPO advisory
Assistance in disputes, complaints and legal processes
Valuation of vessels, fleets and companies

BDO supports shipping and offshore companies across a wide range of critical areas, including tonnage tax regime compliance, tax optimisation, restructuring processes, and transaction and IPO-related advisory. We also assist with compliance with both international and domestic laws and regulations, as well as valuation of vessels and companies.

Illustrasjonsbilde

Sustainability and the future of shipping

BDO is committed to supporting the industry’s transition towards more sustainable operations. We provide advisory and assurance services related to:

Energy-efficient operations
Implementation of alternative and low-carbon fuels
Retrofitting of vessels
ESG reporting and regulatory compliance

We help shipping companies manage risk, adapt to new requirements and position themselves for long-term, sustainable growth.

Our team:

To ensure practical and valuable advice, BDO has established a dedicated industry team of specialists with extensive experience working with shipping and offshore companies. Get in touch with our shipping audit specialists to discuss how we can support your business.