Shipping Losses Decline, but Emerging Risks Challenge Industry
The international shipping industry is responsible for the carriage of about 90% of world trade, so vessel safety is critical.
- The international shipping industry is responsible for the carriage of about 90% of world trade, so vessel safety is critical.
- The annual AGCS study analyzes reported shipping losses and casualties (incidents) over 100 gross tons.
- While total losses declined over the past year, the number of reported shipping casualties or incidents rose.
- Among them are not only the worlds largest consumer brands, tech companies and the global aviation and shipping industry, but also satellite operators or Hollywood film productions.