16th November 2022

With effect from 1 January 2023 Lloyd’s Salvage Arbitration Branch (LSAB) will be revising their fee charging structure. LSAB currently only charges a ‘time’ based fee (i.e. an hourly rate) for each Lloyd’s Open Form (LOF) case they manage/support.

10th November 2022

On the penultimate day of the IMO's Maritime Safety Committee, Jun Lin, Chair of IUMI's Facts & Figures Committee and Head of Portfolio and Business Development at Gard, presented the latest statistics on marine insurance premiums as well as casualty trends. While the incidents generally show a downwards development, i.e. fewer casualties, a worrying trend continues to be fires. This is particularly true for containerships.

7th November 2022

On the occasion of the IMO’s 106th session of the Maritime Safety Committee, IUMI Secretary General Lars Lange provided an update on the latest developments of the International Quality Assessment Review Body (IQARB).

27th October 2022

There are growing concerns in the tanker sector that governments in the west have not understood fully the...

11th October 2022

The shipping industry is suffering losses into the millions of dollars every year as a result of ships being filled with...

8th September 2022

Supply-chain problems are continuing globally, with more than 2% of all global shipping capacity currently doing nothing but waiting outside Germany’s ports on the North Sea. On the other side of the Atlantic, soy bean supplies have been interrupted.

26th August 2022

Frédéric Denèfle, Managing Director of French marine war risks specialist GAREX, has been announced as the candidate...

23rd August 2022

An area of the Indian Ocean near Somalia was taken off the shipping industry's list of high-risk areas on Monday August 22nd....

13th July 2022

The Government of Nigeria and a coalition of global shipping stakeholders have launched a new strategy to end piracy, armed...

27th June 2022

‘Together in Safety’ has carried out a series of hazard identification workshops with the purpose of identify and prioritising recommendations to the industry to ensure the safe deployment of future fuels. The fuels considered were LNG, Methanol, Ammonia and Hydrogen with the assumption that these are likely fuels to be used.