Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

IUMI: Hanjin Fall Shakes Cargo Insurance Market

The fall of South Korean carrier Hanjin Shipping into rehabilitation at the beginning of September 2016 has sent ...

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Rising Large Marine Losses Could Prove Too Much for Insurers

The increasing number of large marine losses can potentially put severe financial strain and overwhelm insurance ...

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IUMI Calls for More Action to Tackle Containership Fires

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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IUMI: Marine Insurance Market Faces Uncertain Future

Global marine underwriting premiums in 2015 amounted to USD 29.9 billion, down by 10.5% compared to the 2014 ...

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IUMI Calls for Action on Rising Cargo Theft

Marine insurer IUMI has called for the introduction of a range of measures to help reverse the worrying increase in ...

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Tianjin Disaster a Wake-Up Call to Cargo Insurers

The recent catastrophe at the port of Tianjin in China should be a “substantial wake-up call to all cargo ...

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IUMI: Ship Records Should Be Passed On to New Owners

The International Union of Marine Insurance (IUMI) is calling for vessel owners and technical managers to make ...

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IUMI: Tianjin Catastrophe Attests Growing Accumulation Risks

The recent catastrophe at the port of Tianjin in China, which resulted in the loss of at least 100 lives, with many ...

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IUMI: Exposures, Risks Growing in Size and Complexity

Exposures and risks are growing in size and complexity and these will require stable solutions in the future, ...

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IUMI: Statistics Show Total Hull Loss Fall

The International Union of Marine Insurance (IUMI) has released its Spring Statistics which found the percentage of ...

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IUMI Supports Effort to Establish ‘Arctic Marine ...

The International Union of Marine Insurance (IUMI) has backed efforts to create a declaration of best practice for ...

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