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Master’s in Marine and Cargo Insurance Engineering (Hull & Cargo)

Online master's programme of 1,900 hours in Marine and Cargo Insurance Engineering (Hull & Cargo). 12 modules covering ship technical risk, maritime law, hull and machinery, marine cargo, general average and salvage, P&I, war and special risks, marine underwriting, inspection, claims and the energy transition, with an assigned technical tutor.

Duration1900 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
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Learning outcomes

What you will be able to do

01

Assess the technical risk of ships and their operations.

02

Interpret maritime law as it applies to insurance.

03

Analyse hull, cargo and P&I covers.

04

Adjust general average and salvage claims.

05

Rate marine portfolios using exposure data.

06

Manage complex marine claims.

07

Evaluate the risks of the energy transition in maritime transport.

Profile

Who it's for

  • Marine hull underwriters working in insurers or at Lloyd's.
  • Cargo underwriters covering international trade flows.
  • Average adjusters handling general and particular average.
  • Marine claims managers dealing with casualties and recoveries.
  • Marine risk surveyors carrying out condition and navigation surveys.
  • Marine insurance brokers placing hull, cargo and P&I risks.
  • Engineering or science graduates aiming to enter marine insurance.
Standards & tools

What you'll work with

  • Law 14/2014 (Spanish Maritime Navigation Act)
  • Institute Cargo Clauses 2009 (standard marine cargo insurance terms)
  • York-Antwerp Rules 2016 (rules for general average adjustment)
  • International Hull Clauses 2003 (hull and machinery insurance terms)
  • SOLAS (International Convention for the Safety of Life at Sea)
  • International Convention on Salvage 1989 (salvage rights and rewards)
  • LLMC 1976 (limitation of liability for maritime claims)
  • ISM Code (international safety management code)
  • MarineTraffic
  • Lloyd's List Intelligence (Seasearcher)
  • Python
  • Power BI
  • Advanced Excel
Syllabus

12 modules · 1900 h

  1. 1.1Ship types and their risks
  2. 1.2Naval architecture for insurers
  3. 1.3Stability and freeboard
  4. 1.4Main and auxiliary machinery
  5. 1.5Classification societies and IACS
  6. 1.6Flag state and port state control
  7. 1.7Age, maintenance and ship quality
  8. 1.8Causes of marine casualties
  9. 1.9Marine accident investigation
  10. 1.10Case study: analysis of an accident investigation report
  1. 2.1Law 14/2014 on Maritime Navigation
  2. 2.2The SOLAS Convention
  3. 2.3The MARPOL Convention
  4. 2.4The ISM Code for safety management
  5. 2.5Charter parties
  6. 2.6The bill of lading
  7. 2.7Limitation of liability and the LLMC Convention
  8. 2.8Arrest of ships
  9. 2.9Jurisdiction and maritime arbitration
  10. 2.10Practical exercise: annotated reading of a bill of lading
  1. 3.1Institute Time Clauses Hulls
  2. 3.2International Hull Clauses 2003
  3. 3.3Nordic Marine Insurance Plan
  4. 3.4Covered risks and perils of the sea
  5. 3.5The Inchmaree clause and latent defects
  6. 3.6Collision and running-down liability
  7. 3.7Actual and constructive total loss
  8. 3.8Agreed value and deductibles
  9. 3.9Increased value insurance
  10. 3.10Case study: settlement of a machinery damage claim
  1. 4.1Institute Cargo Clauses A, B and C
  2. 4.2Clauses for specific commodities
  3. 4.3Warehouse-to-warehouse cover
  4. 4.4Container packing and stowage
  5. 4.5Condensation and moisture damage
  6. 4.6Theft and disappearance of containers
  7. 4.7Project cargo
  8. 4.8Refrigerated cargo
  9. 4.9Valuation and deductibles
  10. 4.10Practical exercise: cover analysis for a project cargo
  1. 5.1The concept of general average
  2. 5.2York-Antwerp Rules 2016
  3. 5.3Contribution of ship, cargo and freight
  4. 5.4Average adjusters
  5. 5.5General average guarantees and bonds
  6. 5.6International Convention on Salvage 1989
  7. 5.7Lloyd's Open Form
  8. 5.8The SCOPIC clause
  9. 5.9Special compensation for the environment
  10. 5.10Case study: adjustment of a general average
  1. 6.1P&I clubs and the International Group
  2. 6.2P&I covers
  3. 6.3Liability for crew injuries
  4. 6.4Liability towards cargo
  5. 6.5Oil pollution
  6. 6.6The CLC Convention and IOPC Funds
  7. 6.7Wreck removal and the Nairobi Convention
  8. 6.8The International Group pool and reinsurance
  9. 6.9Calls and premiums in mutuals
  10. 6.10Practical exercise: analysis of a P&I claim
  1. 7.1War and strikes clauses
  2. 7.2Listed areas
  3. 7.3Piracy and hijacking
  4. 7.4Marine K&R insurance
  5. 7.5Blocking and trapping
  6. 7.6International sanctions
  7. 7.7Political risk in ports
  8. 7.8Cyber risk on board
  9. 7.9CL380 cyber attack exclusion clause
  10. 7.10Case study: impact of a listed area on a policy
  1. 8.1Ship underwriting information
  2. 8.2Loss history and databases
  3. 8.3AIS data and fleet tracking
  4. 8.4Marine frequency and severity models
  5. 8.5Exposure by routes and ports
  6. 8.6Accumulation in ports and container ships
  7. 8.7Fleet rating
  8. 8.8Credibility of own experience
  9. 8.9The marine market cycle
  10. 8.10Lab: exposure analysis with AIS data
  1. 9.1Condition surveys
  2. 9.2Navigation audits
  3. 9.3Tanker vetting
  4. 9.4Stowage and lashing inspection
  5. 9.5Fire prevention on container ships
  6. 9.6Risks of misdeclared cargo
  7. 9.7Human factors and crew training
  8. 9.8Predictive maintenance
  9. 9.9Recommendations and follow-up
  10. 9.10Workshop: condition survey report
  1. 10.1Notification and first response
  2. 10.2Surveyors and average adjusters
  3. 10.3Groundings and refloating
  4. 10.4Fires on board
  5. 10.5Collisions and apportionment of blame
  6. 10.6Total loss and abandonment
  7. 10.7Recoveries and subrogation
  8. 10.8Arbitration in London
  9. 10.9Major casualties and communication
  10. 10.10Case study: managing a container ship fire
  1. 11.1Alternative fuels: LNG, methanol and ammonia
  2. 11.2Electric and hybrid ships
  3. 11.3Carriage of electric vehicles
  4. 11.4Autonomous ships and remote operation
  5. 11.5Offshore wind and installation vessels
  6. 11.6IMO efficiency requirements: EEXI and CII
  7. 11.7The EU maritime emissions trading system
  8. 11.8Climate risks in ports
  9. 11.9New insurance products
  10. 11.10Practical exercise: risk assessment of an LNG carrier
  1. 12.1Selection of the maritime case study
  2. 12.2Applicable legal framework
  3. 12.3Technical risk analysis
  4. 12.4Review of policy wordings
  5. 12.5Rating or loss model
  6. 12.6Reinsurance strategy
  7. 12.7Prevention plan
  8. 12.8Conclusions
  9. 12.9Master's Thesis report
  10. 12.10Master's Thesis: defence before a panel
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so the programme is compatible with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is MarineTraffic, Lloyd's List Intelligence (Seasearcher), Python, Power BI and advanced Excel, in free, academic or evaluation versions. Exercises are based on real procedures: adjustment of general and particular average, fleet exposure analysis with AIS data, and ship condition surveys. Assessment is continuous by module, plus the final Master's Thesis.

Standards covered: Law 14/2014 on Maritime Navigation, Institute Cargo Clauses 2009, York-Antwerp Rules 2016, International Hull Clauses 2003, SOLAS, the International Convention on Salvage 1989, LLMC 1976 and the ISM Code.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of the York-Antwerp Rules, the Institute Cargo Clauses, the International Hull Clauses and SOLAS applied to real cases, not as a theoretical annex.
Industry software:MarineTraffic, Lloyd's List Intelligence (Seasearcher), Python, Power BI and advanced Excel, in free, academic or evaluation versions.
Master's Thesis with defence:a maritime case study combining technical risk analysis, wording review, a rating or loss model and a reinsurance strategy, defended before a panel.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Technical risk analysis
Analyse the technical risk of a ship from its accident investigation record and condition survey.
Cover analysis
Review hull, cargo and P&I covers for a real maritime case.
General average adjustment
Adjust a general average and settle a machinery damage claim.
Exposure and rating
Analyse fleet exposure with AIS data and build a rating model.
Master's Thesis
Develop a complete maritime insurance case with risk model, reinsurance and prevention plan, defended before a panel.
Career opportunities

Where this takes you

Marine hull underwriterCargo underwriterAverage adjusterMarine claims managerMarine risk surveyorMarine insurance broker
Admissions & scholarships

Requirements

  • University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
  • Internet connection and a computer capable of running the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

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FAQ

Frequently asked questions

The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with MarineTraffic, Lloyd's List Intelligence (Seasearcher), Python, Power BI and advanced Excel, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.

A university degree in engineering, science or architecture, or equivalent professional experience, plus a suitable computer and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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