
The Swedish Club has published a report warning bulk carrier owners to pay extra attention to the basics. The Club has concluded that for bulk carrier operators, wet damage is the most costly claim type and the second most common claim that they experience.
The report is entitled Wet Damage on Bulk Carriers and has been prepared in cooperation with DNV GL, and MacGregor. It identifies heavy weather and leaking hatch covers as the most common and the most costly type of wet damage claim and the average cost for a wet damage cargo claim being almost $110,000.
Whilst weather routeing minimises the effects of Continue reading “Wet damage the most costly claim for bulk carriers says The Swedish Club”