Insurance, Legal & Finance
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Value of what’s saved overrides cost of saving it - ISU
On its annual Associate Members’ Day, the president of the International Salvage Union stressed that the focus should always be on the value of what can be saved rather than the cost of saving it.
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Norwegian investment for Hornsea 3 windfarm
The UK is a key market for Norwegian offshore wind suppliers and for their financers.
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NorthStandard 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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Container 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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Hydor 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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Diverse begins its second Typhoon Class CTV build
The Typhoon Class CTV is available under the Diverse Marine Client Finance Programme
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€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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RAD 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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A joined-up approach to European commercial underwriting
Alta Signa has launched a new European marine underwriting business
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Diverse 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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EC 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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Seafarers 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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Taiwan offshore wind wins Norwegian financial backing
Eksfin aims to increase Norwegian exports to the Far East offshore wind markets
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Subsea 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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Iberdrola nets green finance for UK windfarm
The green loan will be used to develop its UK East Anglia Three windfarm
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Has 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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Marine 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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UK 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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Green Marine cash injection boosts growth
Green Marine boosts growth with a cash injection from Siemens Financial Services
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UK 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).