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Desi eighty percent of the accidents are because of human error and so it's time for us to discuss and understand how to move forward you're watching see 24 by seven with me one string where I'm going to take you through a seminar organized univ on one of the oldest ship management company in India univ a safety seminar was held recently Mumbai with a name of achieve safe ships clean ships the event was inaugurated Richard hexed CEO of uni van where recited on the quality standards of the company and expressed gratitude towards the Indian seafarers univ on today swell on the way to resuming its positions the best ship management company in the world we have 61 ships in technical management on the water and more than 10additional ships promised to us at unmanned×39’s heart are our seafarers overseventy-five percent of our managed fleet is less than five years old past18 months univ and has almost doubled itsthird-party fleet under management Leave you convinced that we are on the path to double our fleet again captain van DE père gave univ a three cardinal principles reverence for the Seafarer very hard work and tight cost control to these we have added first-class IT and no blame culture and close teamwork handwork is essential we must work hard and smart to retain the confidence of our owners tight cost control is also essential in today's tough shipping markets a pervasive no blame transparent culture is vital to you know vans continuing success we×39’re all human well make mistakes, but we do ourselves and others a great favor when we admit when we recognize and admit our mistakes we must be one team with one goal the highlight of the event was the safety measures for the seafarers and also George Jacobs speech about the finer elements of marine insurance as seafarers IN×39’m sure that all of us know and agree that our job as a Seafarer irrespective of the rank is to get our ship from point A to point B safely and safe meaning safety of life safety of property meaning the ship and the cargo safety of environment and economic safety background of marine insurance the concept of insurance it actually can be traced back to 50 BC although if you read books if you read textbooks you really find that it can even take it as far back as Caesars time when Tommy of Caesar required material and the suppliers would supply the king the Emperor they would demand that they should be paid regardless of whether the ships would be lost but more verifiable evidence they date back to the 13thcentury and we see that the concept by itself was developed by merchants the Lombardi merchants basically Italian sand the Hanseatic merchants not Germans they were the ones who developed the first marine insurance policies for ships the 14th century marine insurance commenced in the countries of England France Belgium and Colin all the started taking place in a coffee shop in London and people who used to meet for coffee and there was Edward Lloyd his coffee shop twas a...
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