Shipping Losses Continue to Fall But Old and New Threats Remain -Report

Large shipping losses have declined by more than a third over the past decade, but new cyber and climate risks, along with human error, threaten safety progress, according to global insurance firm Allianz Global Corporate & Specialty. Recent events such as the collision of the oil tanker “Sanchi” and the impact of the NotPetya cyber attack on harbor logistics … [Read more...]