"Insurance covers much of the maintenance shipowners should pay"

Henrik Uth has around 25 years of experience in the maritime sphere, assessing damages and inspecting vessels. And the verdict is clear after several years of maritime crisis: Today, it is often the insurance companies which effectively pay for part of the maintenance which shipowners should be handling.

The CEO of Survey Association, Henrik Uth, has extensive knowledge about a wide range of ships through his work. For the German banks alone, looking for estimated values of the vessels they have taken over from distressed carriers, Survey Association inspects close to 100 per year.

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