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.