Insurance, Legal & Finance
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OPINION: The lesser known but vital role of the SCR
Waves Group CEO Simon Burnay shines a light on the Specialist Casualty Representatives who play a crucial but lesser known role when disaster hits at sea.
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Fishing industry delivers fresh blow to Equinor wind farm
Equinor’s Empire Wind 1 offshore wind farm in the United States has suffered a fresh setback – and this time not from the White House.
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Inland shipping fuels focus: Challenges of biofuels
The inland shipping sector, notably in Belgium and the Netherlands, stands at a crossroads, writes Francis Libert, Marine Underwriting Leader at the RSA Group. But insurers can help.
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A dedicated capital partner for green port infrastructure
Seacap aims to remove financial barriers for ports seeking zero-emission solutions and infrastructure
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Vessel operators warned to prepare for imminent rule changes
The maritime industry is being warned to adopt fixed water monitors by 2026 to improve fire safety.
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Ministers sign maritime pledge to shape EU strategy
“There is no strong Europe without a strong maritime economy,” EU maritime ministers agreed as they called for a clear strategy for the future.
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Maritime Law Focus: Get your terms right!
A recent Court of Appeal decision has highlighted a risk that marine businesses might overlook: that insurance policies may not be enforceable if the correct terms have not been used in the contract.
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£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.