Sedgwick's Schox: Concerted and co-ordinated effort necessary to avoid another Tianjin disaster
Sedgwick's Ton Schox says 'container casualties' is top of the list of challenges the marine insurance market has to address in the post-Covid environment
The use of technology on container vessels has increased, but its role in stemming the rise in hazardous cargo losses is limited. And with the largest containerships now able to carry cargo values of more than $1bn, unknown accumulations are a significant challenge for marine underwriters, the loss adjuster's head of global marine says
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