Your guide to IUMI so far
Our roundup of top stories from the Lloyd’s List news desk
All the action from the International Union of Marine Insurance conference, plus autonomous ships, and new developments in shipping tech
THE marine insurance market has shrugged off its bout with coronavirus, with premiums rising strongly last year.
Reporting from this week’s virtual International Union of Marine Insurance conference, finance editor David Osler also has the scoop that China’s hull market has overtaken Lloyd’s in market share, as that country’s share of the world fleet grows.
In other IUMI highlights:
• The owners and charterers of the Suez-blocking Ever Given are expected to argue that the incident was caused by an error of navigation;
Fuels are not the only shipping technology in the spotlight. More partners have joined the blockchain-based container logistics consortium Global Shipping Business Network.
The Lloyd’s List View: Smart shipping will divide the industry between the companies with vision and courage, and those sticking with what they know.
Listen Out: DNV maritime chief executive Knut Ørbeck-Nilssen joins us on the podcast to explain how shipowners can comply with decarbonisation rules that have not yet been set.
Meanwhile, in industry people moves:
• BIMCO’s long-serving chief shipping analyst Peter Sand is moving to freight visibility platform Xeneta;
• Cleaves Securities head of research Joakim Hannisdahl is to set up and run a shipping hedge fund;
• Per Lange, head of Denmark’s Ultrabulk, is stepping down, to be replaced by Per von Appen.