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02/07/2025
Investment Commentary - May 2025
May was a strong month for many financial assets, extending their recovery as tariff tensions eased. This, combined with a robust economic backdrop, was enough for risk assets to re-find earlier highs. As the month came to a close, it was clear that investors were looking through the political ‘noise’ and focussing on robust economic data, further fiscal support and a strong conclusion to the first quarter earnings season.

25/06/2025
Plans Announced to Develop UK’s Largest Offshore Wind Manufacturing Hub
PD Ports have announced their intentions to build the Teesport Offshore Gateway - one of the UK’s largest offshore wind manufacturing and installation hubs.

24/06/2025
Saipem Wins €520m Liverpool Bay Carbon Capture Project Contract
Italian-based offshore engineering and construction company, Saipem, has won the 3-year contract by Eni to work on the Liverpool Bay Carbon Capture and Sequestration (CCS) project, estimated at a value of €520m.

24/06/2025
Incompatible cargoes
A commercial manager fixed a ship to load two parcels of chemicals.

24/06/2025
Claims clause covers more than demurrage
After the conclusion of a voyage, various owner’s claims were submitted by the shipbroker to the charterers within the time allowed (including the costs of shifting, cleaning and demurrage).

24/06/2025
The Wire: focus on Greece
Welcome to the latest edition of ITIC's The Wire, focusing on Greece, where ITIC insures 150 members including shipbrokers, commercial managers, ship managers, ship agents, marine surveyors, naval architects, and superyacht companies. ITIC’s longest serving member in Greece has been insured for over 40 years.

