
According to The Swedish Club, half of the costs of hull and machinery claims handled by the Club have arisen due to navigational claims such as collisions, contacts or groundings – a figure that has remained steady over recent years despite improved technology and the widespread implementation of Safety Management Systems.
The Swedish Club, in its latest Loss Prevention publication, Navigational Claims, has revealed a number of interesting findings relating to claims made for hull and machinery damage between 2004–2013.
Continue reading “Poor procedures means no let up in navigational claims reports The Swedish Club”