Maritime insurers join initiative to improve cargo safety

Major UK maritime insurers, the UK P&I Club and TT Club have signed up for Safetytech Accelerator’s Cargo Fire & Loss Innovation Initiative (CFLII).

The Initiative, launched in February 2023, is a multi-year collaborative technology acceleration program focused on reducing cargo fires and loss in maritime and its impact. It is already supported by Anchor Partners COSCO Shipping Lines, Evergreen Line, HMM, Lloyd’s Register, Maersk, the Offen Group, ONE and Seaspan, which represent around 50% of the total liner shipping market. 

The program will help expedite the uptake of technology and best practice by identifying specific opportunities where technology can make a difference, shaping joint requirements, identifying technology solutions, undertaking trials and developing best practices and recommendations. It has already started working on solution for early fire detection in cargo hold.

The UK P&I Club and TT Club are the first insurers to join the Initiative, joining the significant proportion of the world’s container carriers already involved in the open-innovation initiative.

Stuart Edmonston, Loss Prevention Director at UK P&I Club, said, “We are really excited to join this initiative, to roll our sleeves up and get involved with the other Anchor Partners. 

“Fires on board container ships keep happening, with depressing regularity, often resulting in tragic loss of life and catastrophic damage to ship and cargo. A large proportion of these fires are completely preventable, and we find that losses could have been mitigated by better practices. This is an industry-wide problem that requires collaboration. 

“The only way to improve safety is to work together, share ideas, and identify and utilize modern technological solutions.”

Mike Yarwood, Managing Director of Loss Prevention at TT Club commented on his organization’s commitment to safety, and prevention of cargo-initiated fires in particular: “As an insurer of many elements of the container supply chain, we have long campaigned for improved certainty for classification, declaration and packing of cargo in containers.  

“We look forward to engaging with fellow partners to improve safety and certainty of outcome in the supply chain.”

Rich McLoughlin, CFLII Programme Director at Safetytech Accelerator, said: “We’re delighted to have both UK P&I Club and TT Club join this important initiative. We believe cross-industry collaboration around innovation is an essential component to reduce the incidence of large cargo fires and enhance the safety of seafarers and vessels.

“Together with the Anchor Partners we are already uncovering technologies and applications that have the potential to make significant progress to that goal.”

The Initiative has a broad technology scope, encompassing three significant topics of concern. 

The first relates to onboard cargo control, including whether cargo has been properly loaded, secured and monitored during transit. The second area covers onboard fire, the ability to rapidly detect fires and prevent propagation through effective onboard response, particularly on cargo vessels such as container ships and car-carriers. The third topic of concern relates to the challenges created by the increasing scale of vessels.

Photo credit: iStock/ Suphanat Khumsap

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