Marine hull market ‘off Lloyd’s naughty step’ after remediation: Miller
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Marine hull market ‘off Lloyd’s naughty step’ after remediation: Miller

Samuel Casey
02 February 2023
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Container Ship at Sea

The marine hull line of business is now “off the Lloyd’s naughty step” after a long period of remediation has resulted in “some degree of profitability”, according to a report from Miller.

Miller said that there had been 22 consecutive quarters of price rises in the hull market, which “badly needed to rectify” after a prolonged period of underpricing.

Its

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Samuel Casey
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