
Given that 90% of international trade is transported across oceans, maritime safety is critical, and the shipping industry has made significant improvements in recent years. During the 1990s, the global fleet lost 200+ vessels a year. This total had halved by 10 years ago and is now down to a record low of 27 as of the end of 2024 is a key finding of the Allianz Safety and Shipping Review 2025.
This compares with 35 a year earlier (vessels over 100 gross tonnage [GT]), down by around 20%, with a 75% decline in total losses over Continue reading “Allianz Safety and Shipping Review 2025”









