Insurance, Legal & Finance

According to Andrew Oldland QC, partner at UK-based Michelmores Solicitors, recent changes to legislation have made it possible for Statutory Harbour Authorities (SHA) to apply for Harbour Closure Orders (HCO).

There is a bold sign on the website of the financially challenged, but iconic French RIB manufacturer Nautic Zodiac, otherwise known as Z Marine.

In only two years, Royal IHC (IHC Merwede) has gone from soaring profits to Dutch job cuts.

Close Brothers Marine and Aviation is a finance company that has become a specialist in providing finance for wind farm vessels. At their recent exhibit at Seawork the company had visits from…

In June 2014 German Atlantisstrom’s first tidal power plant was installed and connected to the public electricity grid in the Faroe Islands for testing. The company is now actively seeking investors.

Marine liability insurer The London P&I Club’s 2015 Annual Report highlighted an unusual run of expensive claims in the 2014/15 policy year, with progress in other areas meaning that the free reserves…

Ian Stewart, business development manager at Maritime Assurance and Consulting (MAC) explains to ‘Maritime Journal’ why in the harsh and unforgiving marine environment, the role of Marine Warranty Surveying (MWS) has become…

The head of UK law firm DMH Stallard’s planning team has described the decision by the Supreme Court to overturn the village green status on a beach within the Port of Newhaven,…

The new sulphur emission regulations for ships have been a hotly contended issue from the start but now debate has moved to their implementation, or more accurately, enforcing compliance. The enforcement of…

The €35 million Limmel Lock public-private partnership (PPP) project near Maastricht in the Netherlands has reached financial close. Mott MacDonald was lender’s technical advisor to the Keersluis Limmel Company on the project.

UK-based specialist renewable energy underwriter GCube Underwriting Limited has published an in-depth report, entitled ‘Grinding Gearboxes, analysing gearbox failure by addressing root cause, financial impact and proactive steps to mitigate the frequency…

Following its Winter Meeting in London the International Union of Marine Insurance (IUMI) has announced its common theme for 2015 conference in Berlin (13th – 16th September): “Technical, Financial & Human Factors…

Dishonesty, even if it ‘stretches’ the truth, will mean forfeiting the whole claim as a recent insurance case found.

US headquartered The Maritime Group (TMG) has expanded with a new expert witness and litigation service as well as a fresh focus on accident investigation and security solutions.

It has been announced that Active Communications International’s ‘Operating Specialist Wind Vessels Summit 2015’ will include three specific modules covering finance & contract options for offshore wind vessels.