Allianz expects pandemic to result in rise in machinery issues

Maintenance issues and cargo fires are among the most significant risks for cargo vessels in this period of the pandemic, according to insurance company Allianz.

As the Covid-19 virus has spread around the globe restrictions on travel and the closure of maintenance yards has increased the risk of insurance claims for machinery said the insurer.

In its latest bulletin Allianz points to a 70% decline in ship losses over the last decade, for vessels over 100gt, with just 41 ships lost in 2019....

https://container-news.com/allianz-expects-pandemic-to-result-in-rise-in-machinery-issues/

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