IUMI Eye Newsletter December 2016

New Asian hub for IUMI

We are extremely pleased to announce the opening of a new overseas hub in Hong Kong. Inaugurated in October this year, this important initiative marks the first time in its...

Melanie Grossewinkelmann joins IUMI team

We are delighted to welcome Melanie Grossewinkelmann as our new Executive Assistant to support IUMI’s continuing growth...

Autonomous vessels – a not so remote possibility?

On 1 November, the UK’s Automated Ships Ltd and Norway’s Kongsberg Maritime announced a memorandum of understanding to build the...

Statistics: Uncertainty remains the prevailing constant

At the 2016 IUMI conference in Genova, the Facts and Figures Committee presented its annual update on the macroeconomic environment and...

IUMI Intervention at IOPC Funds Meeting – “Prestige” 17.10.2016

Since the last IOPC Funds meeting, marine liability insurers, whose national member associations are represented by IUMI, have...

IUMI’s growing concern over containership fires

Major fires on container vessels count among the worst hazards in global shipping. In 2016 alone, there have been three major fires; Maersk Karachi...

People at IUMI – Donald Harrell

Personally, it is being part of and participating in the industry that I am working within, both in terms of helping to make the industry better and by providing information that is relevant to the marine industry and related sectors. It is about providing leadership within marine insurance and the wider industry.

IMO Sub-Committee for the Carriage of Cargoes & Containers (CCC3)

The IMO Sub-Committee for Carriage of Cargoes and Containers met in London on 5 to 9 September. IUMI was represented by Hendrike...

IUMI meets MIA Hong Kong

During IUMI President Dieter Berg and IUMI Secretary General Lars Lange’s October 2016 visit to Hong Kong to announce the establishment of a new IUMI Asian hub, the...

Cat modelling for the cargo line: Charting the opportunities, navigating the challenges

“Unacceptable.” “Poor.” “Failed.” Such was the assessment of...

Technical risks involved with upcoming regulations of the new NOx standard

With the implementation of the Marpol 73/17, Annex VI, the shipping industry must reduce its emissions which include...

The Hanjin collapse and the consequences for marine insurers

Hanjin Shipping's fall into rehabilitation at the beginning of September 2016 has sent tremors through the cargo insurance market...

Report on the IMO Marine Environment Protection Committee (MEPC70)

The Marine Environment Protection Committee (MEPC) met on 24 to 28 October 2016 in London. IUMI was represented by Hendrike...

Cargo theft: Rising to the challenge

Cargo crime is a global issue which must be tackled across all continents and takes different shapes and forms in different parts of the world. The issue has...

And again: New German Freight Forwarders’ Standard Terms and Conditions (ADSp 2017)

Both the leading forwarders’ and cargo interests’ unions have agreed to recommend the application of...

IACS goes cyber

New Working Group on Cyber Systems established The International Association of Classification Societies (IACS) is the umbrella association of 12 leading classification societies....

The increasing concern of cyber-attacks

The recent Willis Towers Watson report, published in October 2016, is a breakthrough in understanding cyber risk threats for the transportation sector as a...

The release of the “forgotten” Naham 3 hostages

The release of 26 seafarer hostages on 22 October 2016 - the last remaining victims captured during the darkest days of the Somali piracy era -...

IUMI annual conference goes from strength to strength

We are delighted to announce the IUMI annual conference this year was once again a great success, thanks to the fantastic organisation of...

IUMI welcomes new International Professional Partner RMS

IUMI is pleased to announce that Risk Management Solutions (RMS) has joined IUMI as a Professional Partner. RMS, founded in 1988 at Stanford...

IUMI webinars

e-Learning reaches participants worldwide, it is not linked to a fixed schedule and does not require class room facilities. These are just a few of the reasons why it has been on the...

New Vice Chairs elected to IUMI Executive Committee

During the IUMI Annual Conference in Genova in September, Patrizia Kern-Ferretti and Shuichi Terakawa were both elected as the new vice chairs of...

Snapshot of the Insurance Block Exemption Regulation (IBER)

IBER is an EU regulation which allows insurers and reinsurers to benefit from an exemption to the prohibition of anticompetitive...

Snapshot of TiSa (Trade in Services Agreement)

The 21st round of TiSA negotiations took place from 2 to 10 November 2016. The agreement, which aims to liberalise trade in services, involves 23 World...