
Allianz Commercial’s Safety and Shipping Review for 2024 has been published, which finds that the sector will have its work cut out to maintain this status quo in future.
According to Allianz, the fact that shipping is increasingly subject to growing volatility and uncertainties from war and geopolitical events, the consequences of climate change, as well as ongoing risks resulting from the trend for larger vessels, means the industry will have to face significant challenges. Captain Rahul Khanna, Global Head of Marine Risk Consulting, Allianz Commercial said: “The speed and extent of the way the industry’s risk profile is changing is unprecedented Continue reading “Safety and Shipping Review 2024: Record low for fleet loses”