Background Offshore wind investments have become increasingly popular within the renewable energy sector due to the vital role they play in the global transition to clean energy. United States congress has created federal tax...more
Background Offshore wind is the renewable energy industry’s newest darling. Federal and state funding opportunities have abounded in the wake of increasingly available and reliable technologies to implement the green energy...more
The respected London-based Clarksons predicts a $26 billion investment in new vessels to serve the offshore wind industry within the decade. Installation vessels and support vessels both will make up a large portion of...more
Much as one puts down earnest money in advance of closing on a home, or a lump sum down when buying a car, the buyer of a large commercial vessel will often lodge all or part of the purchase price with an escrow agent to...more
Background -
Almost a year to the day after the EVER GIVEN blocked the Suez Canal, making global headlines and focusing the general public’s attention on the world of shipping, bad news struck the EVER GIVEN’s parent...more
6/16/2022
/ Boating Accidents ,
Borrowers ,
Business Interruption ,
Business Losses ,
Financial Distress ,
Lenders ,
Loans ,
Loss of Income ,
Maritime Transport ,
Risk Mitigation ,
Shipping ,
Shipping Cargo ,
Supply Chain ,
Vessels