Safety and Shipping Review 2017 (AGCS)

Posted on: 15 June 2017

Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2017 converts analysis of shipping losses throughout 2016 into insights to help the industry manage the risks and challenges it faces.

The review includes:

  • Shipping losses in numbers (pages 4 - 13)
  • Recent developments (pages 14 - 25)
    • Safety concerns and responses
    • Growing complexity and interconnectivity of marine risk
    • After Hanjin - economic pressures
    • Consolidation and scrapping
    • Passenger and ferry casualties
    • Fire risk on container ships
    • Polar Code against changing risks
  • Looking ahead (pages 27 - 38)
    • Ballast water management rules
    • Crew kidnapping on the rise
    • Countering geopolitical instability
    • Overreliance on technology for safety
    • Voyage data recorders (VDR)
    • Cyber threats at sea
    • Autonomous vessels
    • The Asia cruise sector

More about the AGCS Safety and Shipping Review 2017

The 2016 report is also available via AGCS's website and discusses topics such as increasing cyber and piracy risks, salvage challenges and amendments to SOLAS regulations.