Hazardous cargo threat remains an issue for the marine insurers

06 May 2021

In recent times there have been several high-impact and high-profile casualties that have stemmed from the
handling of hazardous cargo within port facilities.

Despite a reduction in hazardous cargo losses last year, non-declaration remains a problem and there has been a rise in losses from 'non-hazardous' cargo, such as grain and biomass.

Gemma Pearce, Partner and Head of Marine at BLM,  takes a closer look at the impact these issues have had on the marine insurance sector and suggests improvements that could be made to help long-term reduction in losses for insurers and their policy-holders.

Read the article in Insurance Day here. Please note a subscription is required.

 

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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Gemma Pearce

Gemma Pearce

Partner,
Bristol region


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