Lloyd’s Register (LR) and Inmarsat have announced an industry-first collaboration between a satellite communications provider and classification society to provide a connectivity solution that will address challenges experienced during remote surveys. The new solution uses LR Remote, a specifically engineered application for remote inspection that enables crew members to livestream video, photos and audio from […]
ioCurrents Popularity Leads to Global Expansion
Leading data analytics experts at ioCurrents have recently experienced an overwhelming increase in interest for their edge computing platform MarineInsight™. Designed to provide ship owners and charterers with meaningful insights into vessel fuel consumption, parts failure predictions and condition-based maintenance planning, the company’s proprietary platform uses AI and machine learning to analyse data from different […]
IUMI reports an improvement in the marine insurance market but remains cautious over a longer-term, sustainable recovery
Today, IUMI – the International Union of Marine Insurance – presented its analysis of the latest marine insurance market trends during its annual conference which is being held online from Seoul, South Korea. In general, IUMI reported positive market development from most insurance lines except P&I, and from most geographic regions, stemming from an increased […]