Insurance, Legal & Finance – Page 12
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News
LNG delivery dip dents MHPA profits
Changes in worldwide LNG flows saw the UK Port of Milford Haven handle significantly fewer LNG carrying ships in 2012, resulting in a concurrent dip in profits.
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NewsNo place for ostriches
“Don''t play the ostrich in a crisis,” says Ben Pinnington of Polaris Media: “Any business can fall foul of bad news. What is essential is that you handle bad news well.”
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NewsBridging the gap in workboat funding
If you think you’ve spotted Peter Curtis of DS Marine Finance surrounded by a small crowd of people who seem unaccustomed to the workboat environment, you may well be right.
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News
EC proposal points to ports ‘red tape’
The European Commission’s proposal to appoint an independent supervisor for ports in every Member State will lead to a lot of unnecessary bureaucracy, says the Port of Rotterdam Authority.
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NewsLerwick Port plans for a positive future
Building on high levels of activity and recent investment, Lerwick Harbour in the Shetlands is positioned for another busy year and continuing development of infrastructure to meet users’ future requirements.
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NewsStrong performance from profit sharing Group
International design, engineering and risk management consultancy BMT Group Ltd has announced another strong financial performance for the year to 30 September 2012.
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NewsDefence calls on commercial world for help
The defence forces are, says Chris Broadbent of the UK’s Defence Science & Technology Laboratory (DSTL), looking toward the commercial world to help them with a very large fuel bill.
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NewsRemembering the Alum Chine disaster
March 2013 sees the centenary of the SS Alum Chine tragedy which claimed the lives of more than sixty people, writes Lee Middleton. Just like today, it can be hard to find out exactly what happened.
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NewsExpensive equipment not the solution
It’s a controversial stance, but Nigel Adams of the UK based Marine Accident Investigation Branch (MAIB) points out that lifeboat accidents have caused a “significant” number of deaths “with not enough balancing payoff in lives saved by these systems.”
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NewsLegal settlement of patrol craft dispute
The win of the Trinidad & Tobago administration over a BAE Systems contract for three patrol craft shows the world that the country is no “banana republic”, said attorney general Anand Ramlogan.
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News
Record breaking order book for Boskalis
A high workload and good profits are anticipated on a number of dredging projects by Netherlands based specialist Royal Boskalis Westminster.
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NewsRealistic cost and budget targets needed
This summer’s report on the US Coast Guard is not only damning about the need for forward looking, realistic targets when it comes to maintenance, it also carries lessons more broadly applicable.
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News
Maritime Labour Convention ratified
Ratification of Maritime Labour Convention (MLC) is “great news for the world’s more than 1.2m seafarers”, said Dr Rosalie Balkin of the IMO’s Legal Affairs and External Relations Division.
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NewsPaper calls for research strategy agenda
More needs to be done to bring industry and academia together as a matter of urgency, says Alf Baird of Edinburgh Napier University.
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NewsIFC initiative spearheads Interferry review
The International Finance Corporation (IFC) is part of the World Bank Group that provides development loans to poor nations.
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NewsClarity on piracy risk dispute
It’s a complex case dealing with owners'' refusal of charters'' orders and piracy risks, but MJ talked with Rebecca Warder of HFW to understand the implications of the recent Conwartime 2004 Clause judgment.
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News
Graduates glimpse seafarer’s rights issues
Seafarers’ Rights International has placed a number of high performing young graduates into this year’s short but intensive SRI Legal Internship Scheme.
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NewsUNCLOS is still essential, says ICS
The number of significant oil spills had decreased from about 23 per year in the 1970s to just three per year during the past 10 years, while the volume of maritime trade had more than tripled during the same period.
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NewsEquity capital wanted for ship finance
At present it is becoming increasingly difficult to obtain equity capital from investors, and loan capital from banks for vessel finance, but though times are difficult there will also be winners.
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NewsNavigating the Standard Terms minefield
The question of whose terms of trading apply in a contract remains one of the most common causes of dispute between commercial contracting parties.
