The International Union of Marine Insurance (IUMI) has published its 2021 analysis of the global marine insurance market. The report presents a range of statistical data to give an insight into the marine insurance market within the context of global trade and shipping.
Global premiums reported from the offshore energy sector in 2020 were USD 3.6 billion representing an 8.6% increase on 2019. Premium income mirrors the global oil price and it is thought that the bottom of the premium decrease cycle has been reached and that income is now on the rise. However, the oil price remains volatile and was impacted negatively in 2020 due to the pandemic. 2021 has seen an oil price rally but the effects of events such as Hurricane Ida are yet to be known. Continue reading “Small cargo losses increasing, larger losses on the decline reveals IUMI 2021 Stats Report”
UK P&I Club has released a video describing the dangers of refrigeration machinery and other improper maintenance procedures following an enclosed space casualty. During a third-party survey, the surveyor made a request to test the emergency fire pump, which was arranged with the assistance of the chief engineer. The emergency fire pump was located in a recessed well in the steering gear compartment, approximately 3 metres deep and accessed by an inclined stairway. 
For their mutual members, 
Oil tanker operations are extremely critical due to the significant impact they can have on life, property and the environment should anything go wrong, Shipowners Club has said.
Tristar Group will host its Third Annual “Safety At Sea” conference on 8th December 2021 (1330 UAE time) at the Dubai Expo Site in the India Pavilion. This continued initiative by Tristar, supported by IIMS, Nautical Institute, and IMarEST, is to draw industry and global attention to crew mental health issues and to improve the general well–being of all seafarers.
The MCIB (Marine Casualty Investigation Board) was established in 2002 under the Merchant Shipping (Investigation of Marine Casualties) Act 2000. The purpose of the MCIB is to investigate marine casualties with a view to learning lessons to prevent them from happening again. It is not the purpose of an investigation to attribute fault or blame. The MCIB invites applications from suitably qualified investigators to carry out contracted marine casualty investigations on behalf of the Board.
The consultation seeks your views on the draft Marine Guidance Note MGN 653(M) Electric Vehicles Onboard Passenger Ro-Ro Ferries. The increase in electric vehicle (EV) numbers in the UK has led to increasing demand for transit of EV onboard passenger Ro-Ro ferries (Ro-Pax). Currently, there are limited requirements specific to the charging of electric vehicles onboard UK vessels. However, noting the increasing popularity of electric vehicles it has become apparent that there is a potential for users of these vehicles to expect charging to be available onboard, and for operators of such vessels to consider offering this facility. This marine notice provides guidance for the safe carriage and charging EVs. 