International Union of Marine Insurance (IUMI)

The Growing Role of Marine Insurance Amid Geopolitical Tensions

As the global maritime trade slips into a turbulent environment, marine insurance companies play a pivotal role in the shipping industry, and their role is expected to become even more crucial.

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https://container-news.com/marine-insurance-geopolitical-tensions/

Marine insurance sector overview and trends in 2024

The International Union of Marine Insurance (IUMI) held its 150th annual conference in Berlin, Germany, marking a significant milestone in its history. The conference, chaired by various industry leaders including Frédéric Denèfle and Ilias Tsakiris, shed light on the evolving landscape of marine insurance amid global changes and challenges.

Frédéric Denèfle, IUMI President, inaugurated the conference with a reflection on the organization’s 150 years of facilitating global trade through marine...

https://container-news.com/marine-insurance-sector-overview-and-trends-in-2024/

Box losses don’t stack up. Part One

Container stack collapses have seen a spike in recent months with vessels losing a combined total of around 5,762 containers from five major incidents between November last year and February this year. The industry is looking to unravel the puzzle as to why large container ships have started to shed boxes at such an alarming rate.

Those losses amount to more than the 1,382-annual average from World Shipping Council (WSC) surveys, and they have alarmed the shipping lines, shippers and regulators...

https://container-news.com/box-losses-dont-stack-up-part-one/

IUMI’s 2020 analysis of the global marine insurance market (IUMI Stats) is released today


IUMI’s 2020 analysis of the global marine insurance market (IUMI Stats) is released today 

COVID-19 has injected uncertainty into the global marine insurance market but early signs predict a modest market recovery.

Today – 2 November 2020 – the International Union of Marine Insurance (IUMI) has released its 2020 analysis of the global marine insurance market – known as IUMI Stats.

The report presents a range of statistical data from a variety of sources, including IUMI’s own data, to provide an...

https://www.allaboutshipping.co.uk/2020/11/02/iumis-2020-analysis-of-the-global-marine-insurance-market-iumi-stats-is-released-today/

Digitalisation given fresh impetus by Covid, but the logic was pre-pandemic

Shipping’s main challenge is to use the massive introduction of the digital tools, caused by the Covid-19 pandemic, to accelerate the development of safety solutions.

Digitalisation has probably become one of the most frequently used words in the container shipping lexicon. It includes all the new technologies that aim to increase the efficiency of the shipping processes.

But it remains unclear...

https://container-news.com/digitalisation-given-fresh-impetus-by-covid-but-the-logic-was-pre-pandemic/