IUMI calls for action on fires

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Two recent fires onboard containership have increased concerns at IUMI over the challenges involved with managing these incidents at sea...

Constant uncertainty of risk

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China’s economic slowdown and a strong US Dollar are causes of concern for marine insurers, but all eyes are now on the cost of the explos...

Seeking silver linings

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Overcapacity is keeping a lid on insurance rates, as underwriters weigh up recent losses and everlarger ship sizes and values....

IUMI warns on flexitanks

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The International Union of Marine Insurance (IUMI) has warned that proposals to increase the size of flexitanks could pose a risk to contain...

Troubled times for marine insurers

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The overriding message from the 2012 annual conference of the International Union of Marine Insurance (IUMI) in mid-September was depressing...

Cargo focus at IUMI conference

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T he official investigation into the beaching of the MSC NAPOLI off the UK south coast in January 2007 reported many discrepancies concernin...

Piracy high on IUMI conference agenda

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Piracy and its impact on world trade and the financial losses inflicted on shipowners and insurers will be fully debated in Paris next month...

A new focus on operational efficiency

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Leading classification society Bureau Veritas says continuing pressure on environmental emissions, coupled with rising oil prices, puts a ne...

Insurance claims through the roof

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The very substantial pecuniary effects of the HYUNDAI FORTUNE containership casualty last year are still ricocheting around the marine insur...

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