The outsized wreck removal costs generated by the Costa Concordia loss have distorted the industry view of the peril, according to Grantley Berkeley, chairman of the International Group (IG) of P&I clubs.
The outsized wreck removal costs generated by the Costa Concordia loss have distorted the industry view of the peril, according to Grantley Berkeley, chairman of the International Group (IG) of P&I clubs.