Insurance, Legal & Finance
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News
£20 million finance facility opened to commercial marine
Finance has been made available to smaller commercial marine businesses in the UK by the British Business Bank, which has agreed a new facility with BFS Marine Finance.
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Maritime Law Focus: Shareholders’ agreements
Marine legal experts Jennie Harris and Lucy Goff’s latest column explores the benefits of shareholders’ agreements.
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Sound advice for upcoming UK customs changes
Workboat Association guidance on how to best tackle customs changes in moving goods from within the UK to the UK Continental Shelf
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Maritime Law Focus: Protecting your IP
Protecting Intellectual Property (IP) is key for businesses in commercial marine, particularly in light of increased partnership working and the rapid development of technology.
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EU must re-industrialise to keep wind afloat
Europe must re-industrialise to stay afloat in pushing wind objectives and maintaining competitiveness, a WindEurope webinar was told by Director of Advocacy and Messaging Viktoriya Kerelska.
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Gard snaps up Codan marine and energy portfolio
Norwegian insurance firm Gard says its purchase of Danish firm Codan brings 90% of non-Chinese offshore wind projects into its portfolio.
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Two CTVs delivered under finance programme
A batch of seven CTVs will be delivered under Diverse Marine’s Finance & Lease Programme, which helps vessel owners under pressure from rising costs and competition.
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Subsea spending shows faith in UK offshore wind
A seven-figure sum will be spent on a Subsea Services department as Green Marine UK signals its confidence in the offshore wind sector.
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NYK invests in Swedish CTV fleet
NYK Line has made its financial move into Swedish CTV fleet owner Northern Offshore Group (N-O-G).
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Maritime Law Focus: Legal landmarks
The risks to marine businesses from legal and compliance oversights are significant. Over the next few weeks, lawyers from Ocean Legal will share insight on the top issues facing the maritime industry.
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Commercial marine law firm launched
Boutique marine law firm Ocean Legal has been launched with a focus on smaller commercial marine vessels as well as leisure boats.
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Insurance product launched for smaller vessels
Marine insurance firm NorthStandard has launched a ‘one-stop-shop’ for commercial vessels under 10,000 tonnes.
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Investors start talks with struggling shipyards
Talks have begun between unnamed investors and the historic German shipyards FSG Nobiskrug, which insolvency administrators say could ultimately save the company.
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Shearwater Law appoints Maritime director
Global maritime and commodities firm Shearwater Law has appointed David Richards as director of its Maritime Practice Group.
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Solent Freeport funds six port projects
Th UK government has given eight freeports a share of £25 million to upgrade their facilities, with Solent Freeport outlining what it intends to do with its share.
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Historic shipyards call for investor lifeline
Two historic German shipyards that have just over three weeks until they go out of business have called for investors to step up and save them.
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Equinor secures $3 billion for NY wind farm
Norwegian energy giant Equinor has secured $3 billion financing for the next stage of its Empire Wind project around 30 miles southeast of Long Island, New York.
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EC fund boost for innovation in maritime sector
Maritime has been included as one of the sectors eligible for a slice of a €2.4 billion funding pie announced by the European Commission.
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Candela funding to scale up electric ferry production
The company is looking to scale up production of its P-12 electric ferry
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Cadeler wins contracts for up to €380 million
Danish marine contracting giant Cadeler will bring its A-Class and O-Class vessels out to install offshore wind off the coast of England.