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Message from the President: Pathways to a sustainable, resilient and innovative future

Welcome to the latest edition of the excellent IUMI Eye publication. In February, IUMI kicked off its 2021...

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IUMI Seoul 2021 (Thursday 2 September to Wednesday 15 September )

Due to the ongoing uncertainty with COVID-19 it is with a heavy heart that IUMI’s Executive Committee and the Seoul annual...

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Risk accumulation remains a concern

Last year created an interesting conundrum for cargo insurers. When the pandemic momentarily all but halted global trade, we saw our assureds report a reduction...

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Brexit – where now for marine insurers?

In June 2017, in this very publication, IUA’s Chief Executive, Dave Matcham, outlined the importance of a bespoke trade deal for financial services...

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European Commission to assess liability in offshore oil and gas operations

The 2013 EU Offshore Safety Directive applies through national legislation by Member States for offshore oil and gas...

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Seafarers’ crisis: IUMI supports Neptune Declaration

The COVID-19 pandemic has created an unprecedented crew change crisis. Hundreds of thousands of seafarers have been stranded working aboard...

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English High Court considers relevance of charterparty war risks insurance...

English High Court considers relevance of charterparty war risks insurance provisions to B/L holders' liability in...

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Claims processing – a thankless chore in the business operations of insured parties?

In a perfect world, every product would reach its destination at the right time, complete and in sound...

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Industry initiatives on decarbonisation

Recently, we have seen the development of industry decarbonisation initiatives, intended to influence towards the reduction of CO2 emissions from...

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IUMI’s increasing concern over container losses at sea

Two years ago, on 2 January 2019, the MSC ZOE lost approximately 340 containers overboard off the coast of the Netherlands and Northern...

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Red Sea and Persian Gulf Update

The Gulf remains in a state of elevated alert. During the US Presidential election process, the littoral powers made a number of moves to set out their stall whilst...

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UPDATE – United Nations Commission on International Trade Law (UNCITRAL)...

Summary – When a shipowner fails to pay its creditors, the vessel is seized and is then frequently sold at a...

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Summary of 107th session of the IMO Legal Committee (LEG 107)

The Legal Committee met virtually for its 107th session from 27 and 30 November and 1 December 2020. Volker Schofisch from Germany...

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Tackling digital submissions management in marine insurance

Remote working due to the current pandemic has caused a significant increase in digital submissions, which are manually triaged by an...

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IMO 2020 – one year in

On 1 January 2020 the much-anticipated regulations to reduce limits on sulphur in fuel oil came into force and brought about a significant cut in sulphur emissions from...

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IUMI’s latest podcast – crew crisis situation

Don’t miss our recently released IUMI podcast on the highly topical and relevant ongoing crew crisis issue. This month we were joined by three...

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Why we need a connected insurance experience

Is it possible for insurers, brokers and insureds in the specialty insurance market to be connected seamlessly, share data and insights in real time, and...

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Industry publishes new and improved cyber security guidelines

The fourth edition of the industry cyber risk management guidelines, “Guidelines on Cyber Security Onboard Ships”, was...

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Vaccination in Latin America and its logistics

In November 2020, society enthusiastically received from a number of pharmaceutical companies such as Pfizer and Moderna the news that they had found a...

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Social inflation: An American phenomenon with international implications

Part One – Understanding social inflation It is difficult to listen to the quarterly earnings call of a publicly...

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Signs of convergence of offshore energy & offshore wind industries

The roots of ancient wind-driven mills for grain and water-pumping sink deep into history. Yet modern windfarms still bear a...

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A look at the Gulf of Guinea

The Gulf of Guinea security problem is an intractable set of circumstances featuring at its heart a nation afflicted by tribal tensions. The Gulf is rich in fish but...

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Remote survey – a case study

Covid-19 travel restrictions have prevented a number of marine surveys from taking place as physical attendance onboard vessels has been restricted since the spring of...

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Congratulations to the successful IUMI exam candidates

We are pleased to announce the students who have passed our online hull and cargo exams in 2020. The pass mark for the exam is 65% and students...

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IUMI welcomes new IUMI Technical Committee members

With great pleasure we welcome new members to IUMI’s Technical Committees. We would like to thank each and every one of you for volunteering...

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