Industry should prepare for $1bn container ship loss, says AGCS
After a 80% plus increase in container ship capacity in a decade, Allianz Global Corporate & Specialty is warning of some significant loss events to come.
An increasing appetite for larger container ships or socalled 'mega ships' means the risks are building in the shipping industry.
MSC Oscar, which can carry 19,224 20 foot containers (or teus), was
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