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Strengthening Seafarers’ Competence for Alternative Fuels and New Technologies

Strengthening Seafarers’ Competence for Alternative Fuels and New Technologies
Maritime experts have shared their views and experiences on the evolving competence and training needs of seafarers as the maritime sector transitions to alternative fuels and new technologies at an event held in Lisbon from 14-18 September. The event brought together...
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Marine Insurers Face Billions in Losses Supporting Hormuz Energy Flows: IUMI

Marine Insurers Face Billions in Losses Supporting Hormuz Energy Flows: IUMI
Marine insurers have incurred billions of dollars in losses from providing war-risk coverage for shipping operating amid the ongoing US-Iran conflict, despite a sharp increase in headline insurance premiums, according to International Union of Marine Insurance (IUMI)...
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BIMCO Symposium Highlights Need for Global Maritime Security Co-operation

BIMCO Symposium Highlights Need for Global Maritime Security Co-operation
Geopolitical tensions, regional conflicts and increasingly sophisticated criminal networks are creating interconnected security risks for international shipping. Discussions at the BIMCO Maritime Security Symposium 2026 highlighted the importance of preparedness,...
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Ocean Hull Insurance Market Faces Rising Risk Pressures Despite Premium Growth

Marine Insurers Face Billions in Losses Supporting Hormuz Energy Flows: IUMI
The global ocean hull insurance market is continuing to soften despite growth in the overall premium base, according to Ilias P. Tsakiris, Chair of the Ocean Hull Committee at the International Union of Marine Insurance (IUMI) annual conference in Rotterdam. The...
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Steel flows face fresh challenges in the final quarter of 2026

Steel flows face fresh challenges in the final quarter of 2026
Steel flows slip into negative growth in July 2026 • Global steel flows fall 1% y/y in July 2026 to reach 22.2 Mt. • China’s share of global steel flows rises from 41.6% in July 2025 to 45.7% in July 2026, driven by a 9.1% increase in exports. • Flows from the World...
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