The International Union of Marine Insurance (IUMI) has released its 2019 statistical report, IUMI Stats, noting that while the market seems to have bottomed out in 2019, major losses are beginning to return.
There were nine major cargo vessel fires in 2019 which resulted in loss of life, injury and environmental damage. These fires had a strong economic impact, causing high costs to both the hull and cargo sectors. Recent statistics from the Nordic Association of Marine Insurers (Cefor) show that the larger vessels are most Continue reading “Global marine insurance market 2019 analysis published by IUMI”
To minimize risk and improve port safety, three of the cargo handling industry experts have produced an information paper Collision Prevention At Ports & Terminals. Experts from international freight transport insurers, TT Club, together with cargo handling industry experts ICHCA and PEMA share the latest technologies to detect and prevent collisions to promote safety.
The 
On the evening of 19 November, nearly 100 invited guests assembled in the Grand Lounge on the famous old ship, the Queen Elizabeth 2, (now permanently moored at Port Rashid in Dubai), for a splendid cocktail party to celebrate the tenth anniversary of the IIMS UAE Branch. The event was kindly and generously sponsored by HFW, represented by Richard Strub, who said a few words.
There are six different ways in which ships move in the sea, primarily pitching, heaving and rolling. 