Importance of navigational risk reviews

Over the last 10 years there has been a general increase in the number of claims which relate to the broad description of navigational incidents. These include groundings, collisions and contacts with fixed and floating objects (FFO). Thus, Mr. Clive Rees, Senior Surveyor, the Standard Club notes that the numbers of the relevant pool claims, named because the costs of those claims exceed the retention levels of the individual P&I clubs, are as follows: – grounding 44, collision 45 and FFO 46.

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