Lloyd's Marine Intelligence Unit (LMIU) has launched what it claims is the "largest and best marine database in the world" at http://www.lloydsmiu.com
Lloyds Marine Intelligence Unit said the new site is widely regarded as “the” ultimate marine information portal and an invaluable online tool for the insurance profession.
Subscription to this upgraded website allows the Insurers to access the precise whereabouts of the world's merchant fleet (120,000 merchant vessels) at any given time as well as an indication of their next port of call and historical movement details.
Casualty and detention details are cross referenced allowing the industry to make informed choices about companies and the vessels and fleets they run.
Also included in this innovative system are comprehensive ownership details (including name, flag and P&I club changes) as well as details of over 163,000 companies and information on 2,800 of the world's commercially active ports.
Insurers can also now purchase online credit reports thus helping to mitigate any potential underwriting risk.
Julio Espin, managing director of Lloyd's Marine Intelligence Unit said: “At Lloyd's Marine Intelligence Unit we are committed to providing the world's most timely, accurate and detailed maritime portal. The launch of [the site] demonstrates this commitment and will provide insurers with a demonstrable step change in capability”.
