Shipping losses fall by 65% over 10 years: AGCS
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Shipping losses fall by 65% over 10 years: AGCS

Rachel Dalton
31 May 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
X Press Pearl container ship Colombo, Sri Lanka

The number of total losses of vessels in 2022 fell to 38 from the previous year’s 59, producing a 65% decline in annual losses over 10 years, according to Allianz Global Corporate & Specialty (AGCS).

In its 2023 Safety and Shipping Review, AGCS noted that, 30 years ago, the global shipping fleet lost 200 or more vessels each year.

There

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Marine Allianz
rachel dalton/rachel dalton ii red.png
Rachel Dalton
Lead Reporter
Contact
Gift this article