Insurance, Legal and Finance
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GB£7.5m funds new offshore vessel
20/11/2019One of Scotland’s largest diving and marine contractors has purchased a new offshore construction vessel using GB£7.5m in funding from Clydesdale Bank, alongside its own capital. READ more
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Yorkshire lending package for fleet expansion
13/11/2019MMS Offshore Renewable Services has used a major lending package from Yorkshire Bank, alongside its own capital, to acquire a new Damen Fast Crew Supplier Twin Axe vessel, named ‘MMS Superior’. READ more
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Insurance and finance driving vessel operating cost rise
13/11/2019An international accountant and shipping adviser has predicted that total operating costs in the shipping industry are expected to rise by 2.5% in 2019 and by 2.7% in 2020. READ more
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Citynet Insurance Brokers makes appointment
10/10/2019Citynet Insurance Brokers have appointed a new head of marine global placements. READ more
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Pensions Regulator backing for maritime scheme
10/09/2019Ensign, which claims to be the UK’s only maritime pension specialist, has received master trust authorisation from The Pensions Regulator (TPR). READ more
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Bantry Bay kelp licence battle continues
13/08/2019A judge in Ireland’s High Court has ruled that a licence for the mechanical extraction of kelp from Bantry Bay, Ireland cannot be reviewed because the process of issuing it has not yet been completed. READ more
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Law firm partnership bolsters services
02/08/2019A global shipping law firm has established a development partnership which will boost the quality of its services. READ more
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Key appointment in the offshore insurance market
24/07/2019The West of England, a leading A-rated mutual marine insurer, has announced the appointment of a key strategic hire to support its strategy of expansion in the offshore market. READ more
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Malicious Vessel Seizure Insurance
23/07/2019Following recent events in the Straight of Hormuz, a new insurance offering will respond to a single peril of a ship taken by a foreign government, providing Loss of Hire costs and the services of a crisis management consultancy. READ more
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Waste law at sea not clear cut
01/07/2019A recent European Court of Justice (ECJ) case ruled that debris from a fire onboard a ship is excluded from international shipment of waste rules, but a law firm has stressed it leaves important questions unanswered. READ more
