Start a Transporting and Storage Company in Norway
Start a Transporting and Storage Company in NorwayUpdated on Wednesday 16th May 2018
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What are the main assets of the transportation sector in Norway?
Norway benefits from a very developed transportation system, being a suitable market for the development of a transporting and storage business. Investors should know that the infrastructure system in Norway is developing on a continuous basis, taking into consideration sustainable development as well. Also, the infrastructure system is developed on both domestically and internationally levels, being a very competitive market. Our team of lawyers in Norway can provide in-depth information on the registration requirements applicable to this type of company and can assist on the procedure of obtaining specific business licenses.
Which are the main types of transportation systems in Norway?
Since Norway is a coastal country, it has a developed sea transportation system, represented by companies that provide mail, passenger and cargo services. It also benefits from a high quality road system and the vehicles that transport and storage various goods are required to respect several technical requirements. The types of transportantion systems presented below are the main ways to transport goods and passengers in Norway:
- • railway system – it is comprised of more than 3,000 km and it has 775 tunnels and 3,000 bridges;
- • sea transportation – the most reliable and used sea route through which transportation companies transport goods and persons in Norway is the Coastal Line;
- • cross border transportation – due to the high level of trading activities concluded between Norway and the European countries, the country created the High North Strategy, which offers better transportation infrastructure with specific countries, including Russia, Sweden or Finland;
- • air transportation – Norway has a reliable air transportation system and, in the first three months of 2018, the country recorded more than 3 million domestic flights and more than 4 million international flights.
What are the requirements for transporting and storage of oil product in Norway?
The transportation and storage of oil products in Norway is one of the activities that can be carried out in this country. In this sense, the main rule of law that is imposed for companies performing this activity is the Petroleum Act, regardless of the manner in which this operation is concluded (by sea, land). Companies involved in this operation will need a license and our team of Norwegian lawyers can offer in-depth advice.
Businessmen are invited to contact our law firm in Norway for other important aspects that can concern transportation and storage companies, such as the technical requirements that have to be respected by vehicles or vessels.