IUMI: Low-sulfur fuel could increase engine damage

Damage to the engines on vessels represents a big item for marine insurers, and with new requirements for fuel and sulfur emissions, numbers could increase, projects the International Union of Marine Insurance, IUMI.

Defect ship engines are one of the damages which the insurance companies experience the most. And there could be more going forward, according to the International Union of Marine Insurance, IUMI, which highlights the problem in a report from the beginning of December.

Engine damage has traditionally taken up a lot of space in the books at the insurance companies which insure vessels. About 40 percent of all damages relate to the engine, and this corresponds to 20 percent of the expenses for insurance companies.

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