Insurance, Legal & Finance

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.

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.

More needs to be done to bring industry and academia together as a matter of urgency, says Alf Baird of Edinburgh Napier University.

The International Finance Corporation (IFC) is part of the World Bank Group that provides development loans to poor nations.

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…

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…

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.

The question of whose terms of trading apply in a contract remains one of the most common causes of dispute between commercial contracting parties.

Charterers’ Liability insurance is an insurance designed to cover the charterer(s) of a vessel in respect of claims arising out of negligence based claims surfacing out of legal and contractual obligations and…

It is not just technology, security is in the minds of any European investment these days, and the financial backup given by the Dutch government has helped IHC Merwede land an important…

A debate on ‘Who Should Rule The Waves’ has underlined the problems with revising “the delicate balance” that the United Nations Convention on the Law Of the Sea (UNCLOS) has achieved.

Defects discovered in the quay wall sheet piling at Germany’s new €1bn JadeWeserPort (JWP) Container Terminal in Wilhelmshaven will cost around €15m to repair and are expected to be covered by project…

Koji Sekimizu, the new Secretary-General of IMO, spoke of the progress made by shipping towards greater sustainability in an interview he gave to Hamburg Fair in the run-up to the 25th SMM…

Defects in the quay wall sheet piling at Germany’s new €1bn JadeWeser Port Container Terminal are “regrettable but not unusual with projects of this size”.

“Regulators are very willing to listen but they need facts and figures, not sentiment, which is something our industry needs to work harder on,” said Johan Roos, Interferry’s executive director of EU…

Vessel operating costs across the board are expected to rise by 3.8% in 2011 and by 3.7% in 2012, with lube expenditure and crew costs identified as the categories most likely to…