Driven by the downturn and decarbonisation targets, a high proportion of new container ship orders are concentrated on larger vessels. However, risk exposures continue to grow too, according to the latest Allianz Safety & Shipping Review 2023. Over two-thirds...
Recent fire incidents involving the car carrier Felicity Ace and the passenger ferry Euroferry Olympia demonstrate that ship fires are still one of the biggest safety concerns for shipping. Insurance company Alliance points out that the number of fires on large ships...
If at all possible, leave a ship in its grounded position until a full assessment of the damage has been carried out. The Nautical Institute gives this advice in its latest Mars Report. In this Report, a general cargo ship ended up becoming a total loss because crew...
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