£50m claim over construction delay dismissed

The High Court has dismissed a £50m claim for damages and interest made by MAPCL and another Mirant subsidiary, Sual Construction Corporation, against Ove Arup, over delays in the construction of the Sual Power Station in the Philippines.

Ove Arup were the power station’s structural designers.

The Court has not only turned down Mirant’s application for costs but also awarded Arup the bulk of its defence costs estimated at £8m. Mirant

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How maritime insurers are helping shipowners decarbonise

Following the European Union’s Emissions Trading System coming into force for the maritime transport industry on 1 January, Fiona Nicolson explores how shipowners, operators and insurers have come to terms with the implications and effects of the new regulations.

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