Uk Government
Viasat Buys Inmarsat for $7.3 Billion
Viasat agreed to buy British rival Inmarsat on Monday in a $7.3 billion deal to broaden the U.S. based company’s satellite and land-based communications services.The takeover of London-based Inmarsat comes just two years after it was taken private in a $3.4 billion deal by a consortium of British-based Apax partners, U.S.-based Warburg Pincus and two Canadian pension funds.While Viasat offers connectivity and communications services to residential, aviation and defense customers in North America…
New Dates for The South Coast Boat Show
The South Coast Boat Show, guided by Raymarine, has been rescheduled to the first weekend in July. Following the escalation of the worldwide pandemic, and UK Government advice to practice social distancing in order to reduce the spread of Covid-19, the organizers have taken a pragmatic approach.The show will return to Ocean Village Marina in July 2020 featuring global power and sailing brands as well as an extensive land-based exhibition of ancillary services.
Isle of Man Maritime Group Announces IFB Event Plans
The Isle of Man Maritime Group has announced its event plans for the International Festival of Business 2014 (IFB 2014), during the Maritime, Logistics and Energy themed week in June. The IFB is a global business event, taking place in the UK, Liverpool throughout June and July, with a target audience of 250,000 business professionals and advisors from over 125 countries. The Festival is supported by the UK Government and aims to promote business in the North West and accelerate economic growth with an ambitious programme of over 100 themed global business events.
Places of Refuge
The concept of force majeure has been broadly accepted since mariners initially encountered the perils of the sea. Persons and governments ashore have been obligated, at least by natural law, to accept and succor those in distress at sea. Concomitant with force majeure is the notion of providing a ship in distress with a place or port of refuge. A place of refuge is where a ship could go to avoid or ameliorate the peril and then depart at the earliest opportunity. While the original need for force majeure and a place of refuge was to reduce the risk to the lives of those on board the ship…