Fewer vessels lost, but new safety challenges
Published by insurer Allianz Global Corporate & Specialty SE (AGCS), the Safety & Shipping Review 2023 reports the number of vessels lost and accidents at sea in 2022. 38 large ships were lost worldwide last year, but it is the lowest total in the report’s history.
On the one hand, the review highlights South China, Indochina, Indonesia, and the Philippines maritime region as global loss hotspots. On the other hand, the British Isles see the most shipping incidents, such as fires, which are the second top cause of loss over the past year.
"Safety programmes, trainings, changes in ship design and regulation" have a positive impact in the decline in the number of losses, says Captain Rahul Khanna, global head of marine risk consulting at AGCS.
Committed to cut GHG emissions, shipping companies and cargo operators are already switching to vessels powered by liquefied natural gas, among others. This will help reduce losses. (lh)