While losses of large vessels last year reached a record low, marine insurer Allianz Commercial says that the industry will have its work cut out to maintain this status quo in future. Thirty years ago, says Allianz, which has just released its Safety and Shipping Review 2024, the global shipping fleet lost around 200 large vessels a year. This total fell to a record low of 26 in 2023, a decline of more than one third year-on-year and by 70% over the past decade. However, what could change the...