News / Insurers fear the bigger the boxship, the greater the threat to global supply chains

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Marine insurer Allianz has flagged up its concerns over the threat the increasing size of containerships could pose for the industry in a maritime emergency.

in its Safety and Shipping Review 2014, analysing trends in shipping total losses for the previous year, Allianz speculates that according to the present growth trend, the arrival of a 24,000teu ship could be anticipated within four years.

The sinking of the MOL Comfort in the Indian Ocean in July 2013, en route from Asia to the ...