Insurance, Legal and Finance
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Senior underwriter appointment
08/04/2020P&I club The West has announced that Sumit Madhu will join the Club’s London Underwriting Team as a Senior Underwriter on Tuesday 14th April. READ more
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Insurance firm reports strong year
01/04/2020A marine insurance company has reported an operating result of US24.6m supported by strong investment income in 2019. READ more
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How will COVID-19 impact on marine insurance?
23/03/2020The impact of coronavirus on marine insurance isn’t clear cut and a key issue is the extent to which policies respond where there is no physical damage, an insurance professional has stressed. READ more
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Force majeure and the coronavirus
27/02/2020According to William Cecil, Partner at law firm Haynes and Boone, the coronavirus outbreak has already caused a major downing of tools at far east shipyards. READ more
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Nordic Marine Insurance
24/02/2020The West of England P&I Club has announced that it will acquire a significant stake in specialist marine insurance provider Nordic Marine Insurance. READ more
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Law firm appoints new partners
17/02/2020An international law firm has strengthened its presence in the shipping and offshore sectors with the appointment of two new partners in London and Oslo. READ more
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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
