Industry News – Page 54
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News
Robust underwriting performance
At the first quarter 2019 Board meeting, maritime insurer The Swedish Club reported that it had continued to deliver robust underwriting performance and preserve strong capital adequacy in 2018, amid challenging market conditions. A combined ratio of 99% was achieved.
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Shipowners cooperation
The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) have signed a joint memorandum of understanding.
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NewsO&M contract at Greater Gabbard
High voltage engineering specialist EDS HV Group (EDS), part of the UK’s James Fisher and Sons plc, has been awarded a significant 15-year operations and maintenance (O&M) contract for OFTO assets at Greater Gabbard offshore windfarm.
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Eiva a/s reports strong results
The 2018 annual report from Danish survey and engineering firm Eiva a/s shows that it was a successful year for the company with significant growth of all product areas and strong EBITDA and net results.
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News4G/LTE versatile mobile camera launches
A 4G/LTE mobile camera including 2.43 megapixel resolution and night vision IR Led with a 10m range has been launched for commercial surveillance applications.
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Spanish partnership
SAL Heavy Lift GmbH has announced that together with its Spanish business partner Grupo Davila, a new entity has been formed to represent SAL in the Spanish market.
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NewsFugro welcomes sector deal
Dutch subsea specialist Fugro has welcomed the recent announcement of the Offshore Wind Sector Deal in the UK, together with the expected acceleration in the transition to clean growth.
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NewsKongsberg takeover targets “strategic growth”
The motivation behind Kongsberg Group’s surprise acquisition of Rolls-Royce Commercial Marine was “strategic growth” and the opportunity to move closer towards becoming a “complete solutions provider”, the Group’s CEO has said.
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NewsThree common contract law mistakes
According to F. Daniel Knight a Shareholder at lawyers Chamberlain, Hrdlicka, White, Williams, & Aughtry, P.C. in Houston, Texas, European companies doing business in the US make three common contract mistakes.
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NewsStricken Viking Sky rescued off Norway
Cruise ship ''Viking Sky'' has been evacuated by helicopter off the Norwegian coast after suffering engine problems alongside high seas caused by a storm.
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NewsAmbitious ‘return to commercial sailing’ plan gets boost
A Belfast-based bid led by America’s Cup spin-off Artemis Technologies has received funding for its plans to decarbonise maritime transportation.
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NewsUK helps the Seychelles tackle piracy
The UK Hydrographic Office (UKHO) is working with the Seychelles Government to help tackle piracy in the Indian Ocean by delivering training to support maritime security and safety of navigation.
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NewsLending package boosts MMS
MMS Offshore Renewable Services Ltd has expanded its fleet of wind farm support vessels through a new lending package from Yorkshire Bank.
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NewsDor Raviv: Orca AI
We now need ‘eyes’ able to spot trouble in the most crowded waters, says Dor Raviv of Orca AI.
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Hill Dickinson makes strategic appointments
Maritime law practice Hill Dickinson has appointed Master Mariner Kevin Austin as a legal director, Korean market specialist Beth Bradley as a partner, and transactional lawyer Sung Hwan Choi as a partner.
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Building impactful startups
International not-for-profit Global Maritime Forum has joined forces with Rainmaking Innovation to solve what it terms ‘the biggest challenges faced by the maritime sector’.
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NewsTraining against cyber-attack in the maritime sector
The Institute of Marine Engineering, Science & Technology (IMarEST)’s MLA College, together with the University of Sunderland and Stapleton International, has developed an online Maritime Cyber Risk Awareness Course to help address an industry-wide lack of preparedness against digital threats.
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NewsGreen Marine invests in Damen offshore vessel
Green Marine has expanded its offshore wind capacity by purchasing a Damen Twin Axe 26m long CTV to focus on providing safe transportation of personnel and cargo to offshore installations.
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NewsRedwise delivers first 100% LNG ferries
Redwise has delivered its first ferries operating only on LNG fuel, built by Tersan Shipyards in Turkey on behalf of Norwegian operator Torghatten Nord.
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Piracy risk area reduced, but no reason for complacency
The Round Table of international shipping associations plus the OCIMF representing the global shipping and oil industry have announced the geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced, with new advice issued to merchant ship operators.
