Tag: IUMI

IUMI fully supports the shipping industry’s move to decarbonisation but recognises that adequate risk management provision must be in place to underpin the transition.

Speaking at its Spring Meeting held online last week, Richard Turner, President of the International Union of Marine Insurance (IUMI) reinstated the association’s focus on facilitating a sustainable, resilient and innovative future for the marine insurance industry.

IUMI focuses on the amendments made to the Code of Safe Practice for Cargo Stowage and Securing (CSS Code), in regards to weather-dependent lashing, heavy cargo items and semi-standardized cargoes such as vehicles on ro-ro ships, and provides a summary by GDV, German member association.

The updated guidance aims to improve the safety and security of seafarers, the environment, the cargo, and the ships and assist in the development of a proper cyber risk management strategy.

The unprecedented COVID-19 pandemic has prevented the possibility of physical IMO meetings and delayed other meetings, thus complicating timelines related to the coming into force of amendments to various IMO Conventions, IUMI Policy Director, Hendrike Kühl, said.

During the first day of the Marine Insurance London conference, International Union of Marine Insurance (IUMI) urged that the fires onboard containerships continue to be a major issue.

The recent events within the whole world around in regards to the pandemic have seen a positive side, with the vaccine launch. Now, as the industry is focusing on how the vaccine will work and who will be in priority, IUMI launched a paper providing guidance of the risks and challenges.

International Union of Marine Insurance (IUMI) issued its 2020 analysis to provide an insight into the marine insurance market within the context of global trade and shipping.

During IUMI's annual conference, the attendees discussed big data, the use of digital technologies, and how the COVID-19 pandemic has put digitalization on the fast track.

During IUMI's annua conference, the delegates discussed the COVID-19 impact on the offshore energy sector, focusing on the reduced demand for oil.