Maritime Insurance Premium, Claims Norms To Change On Energy Transition

Capt. John

According to numerous executives involved in the process, parameters and criteria for providing maritime insurance will alter in the years to come as the shipping industry advances toward decarbonization and as legislation on cutting emissions become required.

Assessing insurance premium 

They point out that the Protection and Indemnity, or P&I, is a multibillion-dollar insurance cover, which includes, among others, pollution and crew.

What are under current maritime law, normal carbon emissions,...

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