International Union of Marine Insurance Concerned About Coronavirus Negativity

Capt. John
  • International Union of Marine Insurance, IUMI is concerned about the impact of coronavirus on shipping.
  • they fear that 2020 positivity is turning into negativity with tanker rates falling
  • but now the forum’s primary concern is containership fires which rose to an unprecedented number last year
  • while liners are imposing fines and attacking misdeclared cargoes.
  • we need to pay more attention to fire detection and simultaneously attack misdeclaeed cargoes, says IUMI.

In a major development, the...

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