Top insurance trends for 2017 according to experts

(Original article from Insurance Business Magazine) We’re now several weeks into 2017 and the landscape is starting to form for the year ahead. So what can we expect from the insurance industry this year? RPC has launched its Annual Insurance Review which it believes has identified the main issues that could impact the market based
Read more
No Comments

UNCTAD: Maritime piracy remains a “moving target”

According to the last issue of Review of Maritime Transport 2016, piracy and sea robbery have evolved from a problem of maritime transport to a global issue that affects regional economies and worldwide trade. The number of accidents attempted has decreased 4% from 303 cases in 2014 to 291 reported in 2015 said IMO. The
Read more
No Comments

MSC has the greenest ships of the year

Mediterranean Shipping Company (MSC) has picked up the award for “Greenest Ship of The Year” at the International Green Shipping Awards 2016. More than 200 of the key players from the international shipping industry attended the event held in Rotterdam on 17 and 18 October. The award stands to promote the efforts of those players
Read more
No Comments

Startup designs vertical farms in shipping containers

Square Roots is a vertical farming startup that pretends to grow hundreds of pounds of leafy greens inside 10 steel, 320- square foot shipping containers. The idea was the product of a partnership between Kimbal Musk (Elon musk’s brother) and Tobias Peggs. The startup is looking for young food tech entrepreneurs to develop this project
Read more
No Comments

Why is Big Data important for insurance industry?

The interest of insurance sector for analytics and big data started in the automotive insurance market, which plays a big role in US property and casualty business (P/C). Instead of price policies based on variables like age of the driver, zip code, gender, etc. companies started to use analytics to target their potential clients more
Read more
No Comments

Cargo losses increasing for the first time in three years

cargo losses 2015
According to the last report by Allianz Global Corporate & Specialty (AGCS), accidents related to cargo losses accounted for over 60% of the cases, increasing for the first time in three years. At this time, the most frequent cause is foundered (sunk/ submerge) followed by bad weather. However, losses in the maritime sector remain stable during
Read more
No Comments

ICI approaches Asian markets in Intermodal Asia 2016

Miami, USA.- International Container Insurance will be attending Intermodal Asia 2016 this year to get a closer look at the latest industry innovations in this continent. The event will be held on March 24th thru March 26th in Shanghai World Expo Exhibition and Convention Center (SWEECC) in the city of Shanghai, China. With an influx
Read more
No Comments

Insurance Industry welcomes new container weight requirements

For some key players of the supply chain, the new regulation announced by the International Maritime Organization (IMO) and The International Convention for the Safety of Life at Sea’ (SOLAS) about container verified Gross Mass (VGM) could represent another obstacle for their operation, but according to an article published by The Mover, the Insurance Industry “undoubtedly” welcomes
Read more
No Comments

Infographic: Top 10 container lines 2016

One ranking, one infographic! Alphaliner has recently release it´s ranking of the 100 largest container lines, based on existing fleet and orderbook. Once more, APM-Maersk  has made it to the top, with a total fleet capacity of 3,016,253 TEU. Get a right overview with our original infographic:   Source: http://www.alphaliner.com/top100/
Read more
No Comments

Shipping container: 8 Tips for buying or hiring

Are you thinking about buying or hiring a shipping container? Whether sea, air or the road, the shipping container is the easiest, fastest way to move cargo safety. Here are 8 simple tips from premiershippingcontainers.com.au for you to take the best decision. Container look: Size: There are many container types, each one designed for an especific
Read more
No Comments