The 23rd Hellenic and Black Sea Committee of Bureau Veritas hosted by the Vice President of South East Europe, Black Sea and Adriatic Zone, Mrs. Paillette Palaiologou, was held on the 30th of September 2022 under the Chairmanship of Mr. George Procopiou and the presence of the Bureau Veritas Top Management, Mr. Didier Michaud-Daniel, CEO Bureau Veritas, Mrs Hinda Gharbi, COO of Bureau Veritas Group and Mr. Matthieu De Tugny, President Marine & Offshore Division.
The Committee meeting is a forum for BV to discuss industry challenges and latest developments. It plays an important role of an ongoing dialogue with the industry to address technical, operational and regulatory challenges. Leading personalities of the Greek Shipping Industry gathered at Grand Resort Lagonissi for yet another year for this reason.
Mr George Procopiou, Chairman of the Committee, welcomed the participants and presented the agenda of the day, introducing Mrs Semiramis Paliou, CEO of Diana Shipping Services as a new member. The activities and latest initiatives of Bureau Veritas Group were presented to the audience by Mr. Didier Michaud-Daniel and Mrs Hinda Gharbi, describing the Group’s activities and the benefits of breadth of activity across BV’s operations – Building & Infrastructure, Certification, Agrifood & Commodities, Consumer Products and Industry.
Mr Matthieu de Tugny looked at shipping’s big picture and changing landscape, focusing on BV expertise and tecnhcal excellence while Mr Laurent Leblanc, Senior Vice President Technical & Operations focused on Technology Advances in Shipping.
This year Mr Jan Dieleman, President of Cargill Ocean Transportation was a guest. Mr. Dieleman took part in a conversation addressing sustainability from a charterer’s perspective. He discussed decarbonization, performance and people in shipping. Fresh from the Global Maritime Forum in New York – which he chairs, and receiving a Capital Link Sustainability award the previous day in Athens, Mr. Dieleman shared his energy and enthusiasm for a more sustainable maritime industry. He focused on the importance of short term goals, collaboration – ‘engage with your stakeholders’, the need for transparency, data – and having an open mind to embracing new ideas and change.
The second part of the Committee commenced with Dr John Kokarakis, Technology & Business Development Director, who ventured to tackle the Shakespearian question “To build or not to build” that owners are facing in an environment of still evolving decarbonization regulations and emerging alternative fuel technologies.
Mr Vassilis Dimoulas, Technology & Innovation Manager discussed two non-fuel related energy efficiency technologies, the power of wind and the power of data as well as their possible combination, while Mr Bill Stamatopoulos shared key insights about bunker fuels in the future with a particular focus on biofuels.
Finally, Mrs Eleni Letoni, Communications Sales & Marketing Coordinator, presented the long-lasting bonds between the Greeks and the Sea that expand through the last 5.000 years.
The meeting concluded with the traditional heated discussion between the members on topics of evolving interest, and the social time during the lunch.
Paillette Palaiologou, Vice President Marine & Offshore, SEEBA Zone commented: “We have long-lasting and rooted relationships across the Greek shipping industry, which reflects our extensive presence and strong commitment to support ship owners and operators to manage the industry transition. It is our role as a class society to share our insights and bring together industry leaders to discuss challenges and potential solutions that will help them meet their goals.”
BV is committed to have an open dialogue across the industry through its committee meetings across the world.
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Angelicoussis Shipping Group shows interest in moving towards digitalization by implementing a 3-month pilot program of onboard crew medical care solution by MedAssist.Online.
Being one of the leading shipping companies in the Greek maritime industry, Angelicoussis Shipping Group has a serious approach towards ingraining corporate social responsibility (CSR) within the company’s culture.
The CSR program includes conducting all business operations in compliance with existing ethical, professional, and legal standards, developing and training staff ashore and onshore, promoting equality within workplace and ensuring first class standards regarding technical and operational maintenance of the fleet.
For Angelicoussis Shipping Group, crew healthcare is an inseparable part of CSR. As shipping drives 90% of worldwide trade, seafarers are the uncelebrated heroes of the global economy. Thus, an important part of Angelicoussis Shipping Group’s corporate culture is providing proper health care for vessel crew members.
However, as the crew spends extensive time offshore, providing vital medical care, deviating, or evacuating the vessel in an emergency can be an extremely costly task for a company.
MedAssist.Online tackles this challenge by providing approved medical solutions through “bringing the doctor to the vessel” when it is needed the most. MedAssist.Online offers medical care solutions that are affordable, reliable, and are able to operate at sea with low to zero bandwidth, increasing a company’s compliance with international standards. The program consists of three user-friendly applications that serve different purposes and will assist crew members when there is an emergency on the vessel.
One of the applications, MedAssist Live App, addresses the challenge of providing medical help when there is no expert on site.
The Live App allows a distant professional to assist you virtually, as if they were simply standing next to you. You can get real-time visual instruction and guidance, using augmented reality by using the app. Anywhere and at any given time.
Further, the Skills App provides instructions for performing basic medical procedures. And the Heart App solution, that includes a Bluetooth sensor hardware as well, will generate a 12-lead hospital-quality ECG. Further, with a single click, the result (the ECG) can be sent as a PDF to professionals.
The only needed tool is a tablet, which is provided by MedAssist.online.
MedAssist.online is a Dutch company and is represented in Greece by Oriani Hellas.
Oriani Hellas is the one-stop-shop that provides selective innovative solutions that all have one purpose in common: Digital Transformation of the Maritime Industry in Greece and EMEA. Oriani brings together seamanship and big data in an accessible manner, giving shipping companies a competitive advantage.
This cooperation paves the way for the rest of the industry and highlights the importance of crew health and corporate social responsibility (CSR) for other Greek shipping companies.
Image: From left to right: Nikos Diamantopoulos, Sales Manager Oriani Hellas, Dr. Christos Dimopoulos Fleet Medical Advisor Angelicoussis Shipping Group, Dr. George Siatos Fleet Medical Advisor, Angelicoussis Shipping Group and Giorgos Karistinos Sales Development Director, Oriani Hellas
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On 30 September 2022, China added 15 million tonnes to its 2022 export quota for oil products. The quota includes 13.25 million tonnes for gasoline, diesel, and jet fuel as well as 1.75 million for low-sulphur marine fuel. If headed for the EU, it could be a welcome addition to the block seeking to replace on average 2 million tonnes of diesel imports from Russia when sanctions take effect from February 2023 and demand for heating increases in the winter months. It could also add some attractive tonne miles for product tankers.
The 15 million tonnes addition brings the total 2022 quota for gasoline, diesel, and jet fuel to 37.25 million tonnes, on par with 2021. The move reverses earlier steep curbs in export quotas and boosts the full year quota for gasoline, diesel, and jet fuel by 55%.
During the first nine months of 2022, exports of gasoline, diesel, and jet fuel have been 45% lower than in 2021. So far, 18.4 million tonnes have been exported, leaving 18.85 million of the full year export quota unused. To fill the full year quota, average monthly exports during the fourth quarter would have to triple compared to year-to-date. This appears unlikely and many analysts are expecting that refineries will be allowed to make use of the 2022 quota in 2023.
“Chinese exports of diesel have been particularly low in 2022. During the first nine months of the year diesel exports have fallen 72% y/y. A return to 2019 levels could increase average monthly diesel export volumes by 1.3 million tonnes to 1.8 million tonnes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Increased diesel exports are of particular interest as EU’s sanctions of Russian refined oil products will be implemented on 5 February 2023, and since 90% of the import volumes is diesel. By now, the EU’s imports of Russian crude oil are almost 25% lower than last year, however, diesel imports from Russia have not yet been reduced.
“Starting in February 2023, the EU must replace on average 2 million tonnes of diesel imports from Russia. In addition, the International Energy Agency has estimated that the EU’s demand for refined products will increase by 300,000-500,000 barrels per day during winter to meet heating demands. A possible increase in Chinese exports could make this process a lot easier and provide a business opportunity for Chinese refineries as well as some very attractive tonne miles for product tankers,” says Rasmussen.
However, the recently announced 2 million barrels per day production cut by OPEC+ may increase price volatility and increase the risks that Chinese refineries face when exporting to Europe. Any price reduction between when the crude oil is bought, and when the refined product can be sold, can lead to losses for the refineries. As the time delay between buying and selling is higher when exporting to Europe, the price-related risk is higher. The Chinese refineries may therefore also focus the increased exports on Southeast Asia. In that case, the volumes will most likely replace volumes from India and the Persian Gulf that can then head to the EU instead.
In either case, it should be highlighted that an increase in exports of refined products will also help revive Chinese crude oil imports which have suffered from a combination of low domestic demand and low exports of refined products.
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Cruise Lines International Association (CLIA), the trade association for the global cruise industry, released new consumer sentiment data showing that the appetite for cruise travel is now greater than in 2019. In addition, the positive views of the industry’s sustainability focus - both environmental and sustainable tourism - has also increased. This is according to the latest data from an international survey of 4,000 international vacationers conducted across key source markets (France, Germany, Italy, Spain, United Kingdom, USA, Canada and Australia). Of the cruise travellers surveyed this summer, 84% said they intend to cruise again (a 5% increase from 2019). Among those who have never cruised, 67% are open to cruising. The most enthusiastic returning cruisers fall within the younger generation of travellers—with 86% of GenX and 88% of Millennial cruise travellers saying they intend to cruise again. The same percentage of GenX and Millennials would recommend a cruise holiday to their family and friends.
“After the pandemic-related drop, the industry is steadily recovering, and the forecast is to surpass pre-pandemic levels in 2023. This is also thanks to the sector’s commitment to sustainability, both in terms of the environment and responsible tourism, in coordination with destinations”, said Maria Deligianni, National Director, Eastern Mediterranean, on behalf of CLIA during the Adriatic Sea Forum that is taking place in Bari. “Enhancements in this area are important for retaining passengers and attracting new ones, especially among the younger generation. And this is also picked up by our survey, which shows that an increasing number of travellers view the cruise sector’s commitment to sustainability positively, and 51% of the sample (up 9% from last year) say the industry is a leader in responsible travel".
Cruise destinations benefit from tourism-related economic effects that transcend the cruise itself, as evidenced by the CLIA survey. Among cruise passengers, 69% stayed at least one night in the port community prior to embarkation, 43% extending their stay by two or more nights before the cruise and the majority of these cruisers chose to stay in local hotels. It is not by chance that 60% of the international travellers surveyed said that they later returned to a destination that they had first visited by cruise.
“The cruise industry recognises the importance of engaging and working with local communities and local partners as part of its commitment to sustainable tourism across the Adriatic" Deligianni added. “We are working to achieve net zero carbon by 2050, and we need to work together with institutions and local authorities to achieve our collective ambitions. In the Adriatic and the wider Mediterranean Sea CLIA has a longstanding partnership with Dubrovnik in Croatia and most recently with Palma in Spain, while it has also worked with the cities and ports Corfu and Heraklion in Greece on sustainable tourism and to preserve the protection of these important destinations.
We continue to regard this close working relationship with destinations as an imperative. Dialogue between the cruise industry and ports and destinations is central to us, and we understand that each destination is unique and needs to be treated differently. We engage with them to identify and agree on solutions suited to the specific circumstances, including developing new shore excursions and tours and opening new destinations. Ultimately, we believe that the Adriatic region has a great potential for the development of new cruise destinations.
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The last call for nominations has been issued for shipping’s largest awards dinner, now in its 19th year
Shipping’s largest awards event, the Lloyd’s List Greek Shipping Awards, will once again put the spotlight on some of the industry’s leading individuals and companies as the achievements of Greek shipping and the Greek maritime cluster are celebrated at the traditional end-of-year awards presentation dinner In Athens.
Yearly since 2004, the Greek Shipping Awards has attracted capacity audiences of hundreds of guests and this year, the 19th edition of the awards, is expected to be no different.
Strong support for this year’s Awards is led by overall Event Sponsor GMS. The welcome drinks are sponsored by Erma First while China Classification Society is once again offering the champagne toast to Greek shipping’s health. They are backed up by a roster of prestigious Greek and international sponsors of the individual awards.
Nominations are coming in as the deadline for entries for the 2022 awards nears.
Nominations must be received by the organisers before midnight, Greek time, on Friday 14 October in order to be accepted.
Once again, a prestigious and highly knowledgeable panel of judges from across the industry will assess all nominations and will decide the winners of this year’s Awards.
The panel, broadly representing the Greek shipping industry, will be tasked with choosing ‘the best of the best’ in a range of categories that span the full gamut of Greece’s shipping industry – from the dry cargo, tanker and passenger line sectors - to achievements in safety, sustainability, technology, shipbroking finance and more. There will be excitement, too, in learning the judging panel’s choice of winners for prestigious individual awards such as Personality of the Year, Seafarer of the Year, the Lifetime Achievement Award and the Next Generation Award.
All the winners will be revealed at the 2022 gala awards dinner on Friday, December 2 in Athens. Bookings for the dinner are already open.
2022 Award Categories & Sponsors
Event Sponsor – GMS
Champagne Toast – China Classification Society CCS
Welcome Drinks – Erma First
Dry Cargo Company of the Year - Sponsored by Marichem Marigases
Tanker Company of the Year - Sponsored by Bureau Veritas
Passenger Line of the Year - Sponsored by SWS
Shipbroker of the Year - Sponsored by the Tsakos Group
Shipping Financier of the Year - Sponsored by Tototheo Maritime
Piraeus International Centre Award - Sponsored by ClassNK
Technical Achievement Award- Sponsored by DNV
The Safety Award - Sponsored by SeaJets
International Personality of the Year - Sponsored by Capital Ship Management Corp.
Ship of the Year - Sponsored by ABS
Award for Achievement in Education or Training - Sponsored by Panama Maritime Authority
The Sustainability Award - Sponsored by Lloyd’s Register
The Next Generation Shipping Award - Sponsored by IRI / The Marshall Islands Registry
Lloyd’s List Intelligence Big Data Award * - Sponsored by C. Transport Maritime
Lloyd’s List / Propeller Club Lifetime Achievement Award - Sponsored by Franman
Greek Shipping Personality of the Year - Sponsored by Eurobank
* Denotes awards not decided by the panel
AWARDS NOT OPEN TO OUTSIDE NOMINATIONS
Seafarer of the Year - Sponsored by Safe Bulkers, Inc.
Greek Shipping Newsmaker of the Year* - Sponsored by ExxonMobil Marine
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A fully refurbished high-spec oil spill response vessel for the Aegean Sea has now entered service under a four-year contract with the European Maritime Safety Agency (EMSA). There is also an option to extend this agreement for a further four years. The AKTEA II OSRV will be able to reach anywhere in the Aegean within 24 hours and can collect and carry up to 4,500 tonnes of oil.
The AKTEA II OSRV is considered the most modern and capable vessel of this type in Europe. It is owned by Environmental Protection Engineering (EPE), based in Piraeus, Greece.
Environmental Protection Engineering (EPE) unveiled the AKTEA II OSRV at a grand ceremony on Wednesday 28th of September at the Port of Piraeus, celebrating the new vessel going into force, attended by Mr Konstantinos Katsafados, Deputy Minister, Ministry of Maritime Affairs & Insular Policy, and Vice Admiral HCG Mr Alexandros Tselikis, Second Deputy Commandant of the Hellenic Coast Guard, as well as senior stakeholders from both EPE and EMSA, including Mr Ioannis Polychronopoulos, President & Managing Director at EPE, Dr Vassilios Mamaloukas-Frangoulis, Director of Marine Environment Protection Department at EPE, and Mr Frédéric Hébert, Head of Unit 1.1: Sustainability at EMSA.
Based in Piraeus, Greece AKTEA II OSRV (IMO 9327516) will help safeguard Greek waters from environmental catastrophes. The tanker has onboard capacity of 4,486 m3 for recovered oil and is equipped with two systems for the mechanical recovery of oil: two rigid sweeping arms and offshore booms (2x250m) with a high-capacity skimmer. The onboard radar-based oil slick detection system increases the efficiency of oil recovery operations at sea.
AKTEA II OSRV was built in 2007, purchased by Environmental Protection Engineering (EPE) in 2021 and fully refurbished. The AKTEA II OSRV is 91m long, can be deployed on a 24/7 basis anywhere in the Aegean Sea and has 14 crew members constantly on board.
Environmental Protection Engineering (EPE) also owned AKTEA OSRV, which had been in operation for several years and contributed significantly to the protection of the Aegean Sea.
Environmental Protection Engineering (EPE) has successfully responded to more than 2,500 marine pollution incidents over the last four decades, including supporting the Agia Zoni clean up in 2017 and more recently the contributed to the anti-pollution efforts after the wrecking of the Sea Bird cargo ship in the Myrtoan Sea, east of Peloponnese last August. Environmental Protection Engineering (EPE) offers a wide range of services for waste management, oil & chemical spill response, protection & preparedness and ancillary environmental services.
Dr Vassilios Mamaloukas-Frangoulis, Director of Marine Environment Protection Department at Environmental Protection Engineering (EPE), said: "Environmental Protection Engineering (EPE) is recognised across Europe as a leading environmental response specialist. AKTEA II OSRV is the most capable vessel of this type in Europe and will provide further protection for the Aegean Sea as we continue our long-standing relationship with the European Maritime Safety Agency (EMSA). Safeguarding marine ecosystems is at the core of our business and we were delighted to see AKTEA II OSRV out on the water at this wonderful launch event."
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Three years ago in 2019, RINA and School of Naval Architects & Marine Engineering (NA&ME School) of the National Technical University of Athens (NTUA), established a training synergy with the signing of the Memorandum of Understanding offering professional opportunities in the RINA working environment for senior students and young engineers of the NA&ME School.
Paolo Moretti’s CEO of RINA Services in a recent Press Conference at RINA’s Piraeus office commented on the long standing collaboration in training and research and NTUA and Michela Schenone, head of digitalization presented a Live Demo of RINA’s Fleet Operating Center launched in 2020 at the Piraeus office.
Katerina Palla, Head of training in RINA’s Piraeus described the functions of the Global Marine Training Centre.
Last but not least Stefanos Chatzinikolaou, head of RINA’s Research & Development commented on the progress of the training program in the sector of research.
The event opened Spyridon Zolotas Marine Southern Europe & Africa Area Senior Director of RINA who said that: “Every year RINA hosts between four and six senior students of the School of NA & ME who are trained alongside experienced engineers at the RINA office in Greece.
Overall, the training synergy figures from the internships programme and the MoU are: Participation by eighteen NTUA senior students since 2019, four additional on-the-job training positions, and four young engineers have (as of Sept 2022) joined the RINA family, two with part-time and two with full-term contracts.
RINA and NTUA have a long-standing cooperation in research. There are twelve ongoing and nineteen concluded European research projects that the two organisations are working/have worked on together in recent years (in the context of the European Commission HORIZON programme). SafePASS is the ongoing marine engineering research project that RINA and the NA&ME School are working on, together with other European partners. The project proposes revolutionary solutions for the safety of large passenger ships, a segment where RINA leads in the global classification market. The project relates to the training synergy by engaging young NTUA students from the internship and the MoU in its research activities.
Paolo Moretti, CEO at RINA Services, said: “RINA and the NA & ME School of NTUA have an established cooperation in research and training. We are pleased to offer opportunities for undergraduates and graduates to expand their knowledge alongside our technical personnel and support them in identifying directions in which they may wish to take their careers. This cooperation brings benefits to the school and to the RINA business, which is always looking for bright, new engineers to support its global network.”
Professor Georgios Zarafonitis, Dean of the School of NA & ME, at NTUA, said: “We have worked with RINA for many years in research and practical training, and we are happy with the results reported today. The experience our students are gaining within RINA is an excellent insight into the real world of Naval Architecture and Marine Engineering. We will continue with RINA and wish to strengthen this cooperation which can only benefit all parties involved.”
The event was concluded with a presentation of RINA's Fleet Operation Centre, a digital tool which provides shipowners innovative and timely services, optimizing their processes merging together information from class applications with tools and data from added value applications.
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Marlink, the smart network solutions company, has completed the acquisition of the satellite communications business of Hellenic Radio Services (HRS).
Following years of successful organic growth via its Piraeus-based subsidiary Marlink CG, this acquisition strengthens significantly Marlink’s position and footprint in the strategic Greek market and enables the company to further expand its service and support operations to meet the growing requirements of Greek shipowners.
Through this transaction Marlink has acquired the satellite communication assets, the experienced staff and the customer support structure of HRS, substantially increasing its installed base in the Greek market with over 750 additional satcom-equipped vessels. The satellite communications business of HRS will be combined with Marlink CG, creating an even stronger local company and leading force in the Greek and Cypriot markets.
For over 30 years, HRS has provided the Greek shipping companies with maritime communication solutions, establishing a strong reputation for service quality and customer support. In line with Marlink’s long-term strategy, HRS pursued a technology-agnostic approach, providing its customers with a wide range of satellite connectivity solutions and equipment from all major vendors.
Greece represents a critical component of the global shipping industry being the largest shipping nation based on deadweight tonnage, while the country’s shipowners continue to invest heavily in new and energy efficient ships. Digital solutions, as the one provided by Marlink, including on-board IT and network management, cyber security, performance data collection, remote support and maintenance are these days considered essential elements for gaining competitive advantage in the shipping industry.
“Hellenic Radio Services has a long heritage built up over decades of serving Greek shipowners with connectivity that keeps them compliant and competitive,” said Ioakeim Tsanis, CEO of Hellenic Radio Services. “We are confident that our customers will benefit from this transition and will enjoy enhanced business opportunities from Marlink‘s state-of-the-art solutions portfolio.”
Image: Ioakeim Tsanis, CEO of Hellenic Radio Services and Erik Ceuppens, CEO Marlink Group, shake hands on Marlink's acquisition of the satellite communications business of Hellenic Radio Services
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Members of Stephenson Harwood recently hosted a shipping, shipbuilding and wealth preservation seminar, and series of panel discussions, in Istanbul, Turkey.
Partners Chris Vartzis, Huay Yee Kwan, James Quarmby and Stuart Beadnall from the firm's Piraeus, London and Singapore offices led panel discussions and presentations.
Cihan Ergenç, president of the Turkish Shipowners’ Association, provided the welcome address, which was followed by a series of panel discussions and presentations that explored a range of topics. These included:
"Decarbonisation in the maritime and shipbuilding industry";
"East meets West: PRC leasing and its role in Europe";
"How to keep it: an insider’s guide of how HNW (high net worth) people can protect and pass on their wealth";
and "Finding financing in the Turkish shipping market".
Stephenson Harwood partners Nigel Bowen-Morris and Shaun Park were also in attendance.
Panelists included: Channing Wang, regional manager of Bank of Communications Financial Leasing Co. Ltd; Elias Sakellis, CEO of Australis Maritime Limited; George Fikaris, managing director of Entrust Global; Ilias Katsoulis, global head of shipping of Deutsche Bank, AG; Iraklis Tsirigotis, director of origination of Neptune Maritime Leasing; Kevin Kou, senior manager of ICBC Financial Leasing Co. Ltd.; and Tobias Backer, co-founder of Fleetscape.
"We were pleased to welcome more than 100 representatives from across the shipping industry to this seminar in Istanbul" said Chris Vartzis, partner, Stephenson Harwood. "With experts present from a range of industries - shipbuilding, energy, shipping finance, banking, investment, private equity, tax and wealth management – including those involved in the Turkish shipping market, we were able to achieve our objective of initiating insightful and comprehensive discussions on key pertinent topics. We are proud of the seminar's success, the insights it provided, and hope to host future sessions that will attract leading representatives and explore key issues and developments."
Stephenson Harwood is recognised as having one of the world’s leading shipping practices. With offices in key trading hubs, the firm offers comprehensive, specialist shipping advice across ship finance, marine insurance, maritime litigation and arbitration, corporate and tax services.
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The marine insurance industry needs to embrace data better if it is to successfully implement ESG aspirations, says Patrizia Kern, Chairperson of IUMI’s Data & Digitalization Forum. Speaking at IUMI’s conference in Chicago, she told the audience of underwriters that whilst more data on assureds’ activity is available, it needs to be consistent, reliable, relevant and provable to be of use.
She said: “ESG is here to stay: over 92% of the S&P Global 500 companies now report on their ESG metrics and marine insurers are catching up fast. But ESG is meaningless unless it is substantiated by verifiable data. We have an opportunity to transform the marine industry and make it more attractive for investors and attract a new generation of socially conscious marine underwriters.”
The conference attendees heard detailed examples of how data can be used to identify trends and geographical hotspots for marine casualties, high risk ports tagged to alert shipowners, focused loss prevention activities undertaken based on assureds’ claim performance and human rights due diligence to ensure that insurers have a complete picture of their customers’ activities. Rapid advances in machine learning and Artificial Intelligence (AI) mean that ESG assessments can be embedded into business workflows.
However, challenges exist in data standardisation, leading to many versions of the truth.
“We need to be ready to share more information with each other and standardise this data if we are to fully realise the benefits of taking an ESG stance,” commented Patrizia Kern.
Launched in 2018 the Big Data and Digitalization Forum comprises marine insurance professionals from different lines of business, IUMI Professional Partners active in the digital space and data analytics, and representatives from technology market leaders to ensure a broad range of views is represented in the Forum.
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