The potential of offshore wind as a viable source of clean power for the energy transition is indisputable. However, developers and their insurers need to manage a range of risks to successfully scale offshore wind globally, among them prototypical technology,...
Fires on vessels remain one of the biggest safety issues for the shipping industry as evidenced by a significant increase in recent incidents. This includes the Fremantle Highway, a car-carrying vessel which caught fire this week off the Dutch coast with thousands of...
The monopile that was damaged by the drifting vessel Julietta D will be removed. Vattenfall Hollandse Kust Zuid 1&2 has issued a tender to this effect. Vattenfall Hollandse Kust Zuid 1&2 is a joint venture between Vattenfall, BASF and Allianz. It has issued an...
Total losses in the shipping industry are at record lows. Yet, Russia’s invasion of Ukraine, more costly issues involving larger vessels, crew and port congestion resulting from the shipping boom, and challenging decarbonisation targets, mean there is no room for...
Recent fire incidents involving the car carrier Felicity Ace and the passenger ferry Euroferry Olympia demonstrate that ship fires are still one of the biggest safety concerns for shipping. Insurance company Alliance points out that the number of fires on large ships...
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