Business Telegraph

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The Times


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Allianz Commercial: Shipping losses hit all-time low despite increasing risks for the whole sector

  • Written by Telegraph Magazine
  • Allianz Safety and Shipping Review 2024: 26 large ships lost worldwide in 2023, down by one third year-on-year, the industry's lowest ever total
  • South China, Indochina, Indonesia and the Philippines is the main loss hotspot globally, accounting for almost of third of all losses at sea in 2023
  • War and geopolitical conflicts shake up the shipping industry, with a number of major consequences
  • Climate risks on the rise while decarbonization of fleets remains a major challenge

Read more: Allianz Commercial: Shipping losses hit all-time low despite increasing risks for the whole sector

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