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08/08/2023
Press release: ITIC’s substantial surpluses during 2022/23 financial year are a great benefit to its members
ITIC’s financial results announcement revealed a substantial surplus in 2022/23. Now in its 31st year, ITIC, and its mutual reinsurer TIMIA, returned a US$ 8.1m surplus for the year to 31st May 2023 (“2022/23”) after paying US$ 14.5m in continuity credit.

01/08/2023
Fire Risk - E bikes & E Scooters
AIM's supporting insurer QBE provides these key safety messages about the fire risk associated with e-bikes and e-scooters.

01/08/2023
ONE Launches New Reefer Service Connecting Latin America and Florida
The Ocean Network Express (ONE) shipping liner has launched a new service called ‘FLX’ which will provide reefer container shipments for customers looking to ship refrigerated cargoes from South American markets to the U.S. east coast.

01/08/2023
CMA CGM On Course to Overtake Maersk in Shipping Line Rankings
Market research company Alphaliner has revealed that based on current order book data and TEU capacity, French shipping giant CMA CGM is set to overtake Maersk as the world’s second-biggest container line.

28/07/2023
Researchers Observe 'Self-Healing' Metals
A research team from the Sandia National Laboratories and Texas A&M University have - for the first time ever - witnessed pieces of metal crack, and then fuse back together without any human intervention. The observation overturns several fundamental scientific theories.

28/07/2023
Thomas Miller Specialty Marine restructures to bolster alignment with UK P&I Club
Leading fixed premium P&I writer Thomas Miller Specialty (TMS Marine) has appointed Helge Volger, Managing Director and CEO of TMS GmbH, to the role of Chief Underwriting Officer. The move follows a thorough review of the business following the decision by TMS Marine to move its P&I capacity to the UK P&I Club.

27/07/2023
Press release: ITIC and ICS to host a panel discussion on decarbonisation, future skills and challenges during LISW
ITIC and the Institute of Chartered Shipbrokers' (ICS) London & SE Branch will host a panel discussion as part of London International Shipping Week (LISW).
