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Fewer losses in shipping industry but challenges remain

Marine insurer Allianz says crew negligence and inadequate vessel maintenance are increasing areas of concern, as economic pressures challenge budgets

MARINE insurers have as good a perspective as any on the health of the shipping industry, for the very good reason that they have to pay up when things go wrong.

So it is worth paying attention when major insurer Allianz says that, while shipping losses continue to decline, a "perfect...

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