Insurance, Legal & Finance
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NewsNorwegian investment for Hornsea 3 windfarm
The UK is a key market for Norwegian offshore wind suppliers and for their financers.
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NewsNorthStandard looks to AI for safer navigation
NorthStandard is partnering with Orca AI to offer its members the benefits of automated safety
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NewsContainer losses at sea: Report
As the size and cargo capacity of seagoing vessels increase, so does the risk of loss. A study by marine insurance group Gard points out some of the risk factors.
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NewsHydor expands small vessel insurance reach
Norwegian specialist marine insurance MGA Hydor has taken a further step into smaller commercial vessel insurance with the acquisition of UK-based MGA Coastal Marine Services.
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NewsDiverse begins its second Typhoon Class CTV build
The Typhoon Class CTV is available under the Diverse Marine Client Finance Programme
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News€4 million handed to maritime battery developer
Investors appear confident in the future of maritime battery technology, handing Dutch developer EST-Floattech €4 million to progress its technology.
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NewsRAD Propulsion announces £1m funding
Marine electric product company RAD Propulsion has announced a £1 million (€1.1 million) boost from robotic and remote technology firm Ocean Infinity.
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NewsA joined-up approach to European commercial underwriting
Alta Signa has launched a new European marine underwriting business
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NewsDiverse Marine launches UK first finance and lease programme
Diverse Marine has announced a programme for CTV owners and operators to finance or lease the vessels they need.
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NewsEC pledges support package for wind power
While acknowledging challenges faced by the wind industry, EU president Ursula von der Leyen has pledged the EU will support it with a new package.
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NewsSeafarers post Brexit: Navigating the changes
Post-Brexit legal landscape for seafarers and vessels: what are the changes and how can we navigate them? Immigration lawyer Mandie Sewa has provided Maritime Journal with a few pointers.
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NewsTaiwan offshore wind wins Norwegian financial backing
Eksfin aims to increase Norwegian exports to the Far East offshore wind markets
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NewsSubsea cable failures could derail offshore wind ambitions
There is a great need to improve the performance and reliability of subsea cables
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NewsIberdrola nets green finance for UK windfarm
The green loan will be used to develop its UK East Anglia Three windfarm
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NewsHas UK shipbuilding been given a boost?
In the first of a series of legal columns written for Maritime Journal, the specialist law team at LA Marine takes a closer look at the fledgling UK Shipbuilding Credit Guarantee Scheme – which is a little light on detail but could be a boost to the industry.
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NewsMarine insurers combine to expand offering
Norwegian marine insurance firm Hydor has bought out EF Marine, bringing the premium income of the new firm to $40 million.
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NewsUK government launches shipbuilding credit scheme
A new Shipbuilding Credit Guarantee Scheme (SCGS) has been launched by the UK government to help buyers access finance to UK-built vessels.
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NewsGreen Marine cash injection boosts growth
Green Marine boosts growth with a cash injection from Siemens Financial Services
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NewsUK launches 4th round of innovation funding
The UK government has put up another £34 million (€39.8 million) for competitors to apply for in its Clean Maritime Demonstration Competition (CMDC).
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NewsBW Ideol secures €40m for new floating wind company
French floating wind firm BW Ideol has secured €40 million financing in stages to develop its floating wind project portfolio by setting up a new company.
