Allianz Safety and Shipping Review 2019 – Shipping losses lowest this century, but incident numbers remain high

  (http://www.MaritimeCyprus.com) The international shipping industry is responsible for around 90% of world trade. There are around 60,000 merchant ships, transporting every kind of cargo. The world fleet is registered in over 150 nations1, and manned by over a million seafarers, meaning the safety of vessels is critical. The maritime industry saw the number of…

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Allianz Safety and Shipping Review 2018 – Cyber, Climate Risks and Human Error Threaten Shipping’s Safety Progress

(http://www.MaritimeCyprus.com) Shipping is the lifeblood of the global economy, transporting 90% of global trade. Allianz Global Corporate & Specialty (AGCS) recently released its annual report, Safety & Shipping Review 2018. The report highlights cyber, climate risks and human error as the main factors threatening shipping’s safety progress during the 12 months prior to December 31, 2017 (full report can be downloaded at…

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Allianz Safety and Shipping Annual Review 2017 (for year 2016)

Allianz Global Corporate & Specialty (AGCS) has issued its fifth ”Safety and Shipping Review”, a report which focuses on key developments in maritime safety and analyzes shipping losses during the 12 months prior to December 31, 2016. Report Highlights 85 large ships lost worldwide in 2016, down 50% over a decade. Top losses were reported in South China and Southeast Asia; East Mediterranean region is considered…

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