The Nordic Association of Marine Insurers (Cefor) has released its 2024 hull trends from the Nordic Marine Insurance Statistics (NoMIS), highlighting the rise of machinery damage in an ageing fleet, whilst fires and collisions account for the largest losses.
The Nordic Association of Marine Insurers (Cefor) has published its 2024 Ocean Hull and Coastal Hull reports, based on the Nordic Marine Insurance Statistics (NoMIS) database.
According to the data, machinery damage has showed a substantial increase in recent years, which should be seen in the context of an ageing fleet. Continue reading “Fires and collisions account for the largest losses according to Cefor”