Bulgaria: Rossen Jeliazkov succeeds Ivaylo Moskovski in MTITC management

Continuity within the Ministry team is of utmost importance for the ongoing reforms, said the Minister of Transport, Information Technology and Communications, Rossen Jeliazkov, upon assuming the new position, and thanked the outgoing Minister Moiskovski. Ivaylo Moskovski commented that upon Jeliazkov’s succession, the Ministry is in stable condition, yet there …

Global marine premiums up by 2% but challenges remain for marine underwriting, says IUMI

Against the positive backdrop of a benign claims environment in some sectors, IUMI’s statistics show an increasing mismatch between premium income, covered risk and claims costs. On a global average basis, buffers to cover extraordinary single or accumulation losses are non-existent. Today, IUMI – the International Union of Marine Insurance …

Seafarer skills will remain an essential component in the long term future of the shipping sector

In a major piece of research, the IMarEST’s Maritime Autonomous Surface Ships Special Interest Group sought to gauge the potential impact of self-governing ships and plot out a new course for the shipping industry’s valued workforce. Autonomous technologies could create a competitive advantage for shipping companies but adoption will vary …