Britannia Maritime Consultants Appoints Mike Hammond, Stephan Dimke
Britannia Maritime Consultants has announced two senior appointments as part of its expansion into the marine casualty response market.Mike Hammond will head up a new claims and insurance department while Stephan Dimke will provide technical support for digital navigation issues.Mike brings a formidable track record and experience to Britannia, having worked in marine claims both for shipping companies, and more recently as the claims manager for an International Group P&I club with a focus on the Asia Pacific region.Mike’s skills are already in demand, particularly from companies with limited in – house capability, but also hull/P&I…
Russian Firms Face Huge Insurance Costs as Foreign Providers Flee
Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and an increasingly sick economy. Russian President Vladimir Putin came under heavy criticism at a G20 summit last weekend, where Western leaders accused him of continuing to destabilise Ukraine in violation of a September peace agreement. Existing sanctions, along with an oil price tumble, have brought Russia to the brink of recession. The rouble is down some 30 percent over the year and lending costs are soaring for all companies, be they on sanctions lists or not.
Wikborg Rein Recruits LNG Specialist
International law firm Wikborg Rein has recruited Joe McGladdery as a partner in its London office. McGladdery joins from Qatar Gas Transport Company Limited (Nakilat) where he acted as the company's General Counsel and as a board member for a number of its subsidiary companies and joint ventures. He was responsible for developing Nakilat’s legal and insurance department and formed part of the senior management team which oversaw the expansion of the company into the world’s leading operator of LNG ships.
Donjon: All Service, All in the Family
While there is a plethora of marine service companies, many of them family-owned, few can boast six family members actively involved in the business at the same time. Donjon Marine Co., Inc. in Hillside, NJ, is one company to know if you haven't heard of them before. Led by J. Arnold Witte, Sr., Chief Executive Officer and President of the company he founded in 1967, Donjon is a multi-faceted marine service company that offers salvage and wreck removal, but through a controlled expansion, boasts a serious diving capability, marine engineering and heavy lift services, towing, dredging, barge chartering, demolition, and spill clean-up and pollution prevention services.
