IUMI Eye Newsletter December 2021

Message from the president: Looking towards a brighter 2022

This time last year, my article for IUMI Eye featured the COVID-19 pandemic. Last December, many parts of the world were in some degree of...

Update on the 5th PAME Conference

The theme of the 5th Protection of the Arctic Marine Environment (PAME) conference was the Polar Code: Nearly Five Years On. It was virtual but no worse for that....

Highly anticipated IUMI Stats Report published

IUMI is pleased to announce that its 2021 analysis of the global marine insurance market – known as IUMI Stats – has been...

Major claims database

For the second year, IUMI has presented its major claims database analysis. Since last year, three new reporting countries have joined the project bringing...

Implications of China's Anti-Foreign Sanctions Law on the maritime sector and marine insurers

Sanction is a subject of concern to many sectors and the marine insurance industry is no...

Summary of the 104th session of the IMO’s Maritime Safety Committee

The International Maritime Organization’s (IMO) Maritime Safety Committee held its 104th Session (MSC 104) from 4-8...

Take a listen

Once again it has been busy in our recording studio with two more IUMI podcasts available to download and listen to. The first takes a deep dive into the IUMI statistics that were...

Report of the 7th session of the Sub-Committee on Carriage of Cargoes and Containers (CCC 7)

The Sub-Committee on Carriage of Cargoes and Containers (CCC) deals with the carriage of packaged...

Report of the 77th session of the Committee on Marine Environment Protection Committee (MEPC 77)

The Marine Environment Protection Committee (MEPC) addresses environmental issues under the...

How do we make unknown cargo storage accumulations visible?

Cargo’s storage visibility problem The visibility of cargo goods and accumulations has drastically improved thanks to the emergence...

IUMI has Seoul

The IUMI Annual Conference that was due to be held in Seoul, South Korea, in September 2021, was once again held online because of the continuing Covid travel restrictions. However,...

COP 26 and MEPC77: an update on shipping's progress towards decarbonisation

November was a busy month for the shipping industry's decarbonisation agenda, with discussions and outcomes from COP26...

UPDATE – UNCITRAL Working Group of the Judicial Sale of Ships

When a shipowner fails to pay its creditors, the vessel is seized and is then frequently sold at a judicial sale. Problems arise...

Winter is coming… covering ice risk with technology

The Baltic ice season is almost upon us, and voyages through the Baltic Sea will be in breach of the International Navigating Conditions, the...

A climate crisis and a summit for change: How can the right data help?

The COP26 climate summit has just finished - where climate activists from across the world met and Windward is proud to have...

What a Third Year of COVID-19 Means for Marine Re/Insurance

COVID-19 continues to pose an intensifying threat to supply chain resilience as we enter the third year of the pandemic. And with 1...

People at IUMI: Viviene Pearson, Chief Executive, The South African Insurance Association (SAIA)

How long have you been associated with IUMI? My personal association with IUMI started around four...

From sea to rail – The demands on cargo and packaging on the new Silk Road

The strains exerted on cargo and the requirements placed on the packaging concerning climatic interactions and mechanical...

MLC – crew abandonment from a liability perspective

The Maritime Labour Convention, 2006 (MLC) establishes minimum working and living standards for all seafarers working on ships flying the flags...

Containers on bulkers

The unprecedented mismatch of the supply and demand in container shipping has driven some carriers to be “creative” with unusual ideas such as carrying containers...

I did it my way: Pandemic Clauses

How the German market reacted, and what differences there are to the English and Norwegian markets: The German Insurance Association GDV released its ‘Clause...

Ports’ role in decarbonising the maritime value chain

Ports are an integral part of the shipping value chain, and the nature of their operations makes them a contributor of emissions, both direct...

Social inflation: An American phenomenon with international implications

Part Three – What can be done to lessen the effects of social inflation? The first article in this series broadly...

Q&A with Lars Robert Pedersen, Deputy Secretary General, BIMCO

In a nutshell, how would you describe the main role of BIMCO? BIMCO is a direct entry membership association spanning 130 countries....

Loss of containers at sea: searching for clues!

Last winter, containerships in the North Pacific lost more than 3,000 containers in the space of 80 days. Many hundreds of containers were also...

WMU: Congratulations to Michelangelo Todoro

We are delighted to announce that the first student who received IUMI’s bursary for the prestigious World Maritime University (WMU) postgraduate...

Global standardisation on trade documents

Digitalisation on trade documents is becoming operational on a worldwide basis. There is one matter that needs improvement however when the next level of...

A warm welcome to PCS Verisk – a new IPP

We are delighted to announce data provider PCS, a Verisk business, as our newest IUMI Professional Partner (IPP). PCS is part of global...

IUMI welcomes new IUMI Committee members

It is with great pleasure that we announce the new members of the IUMI Technical Committees, Executive Committee and Nominating Committee. Please join us in...