Marine insurance industry concerned about mega-ships

The number of accidents is declining, but the steadily growing ships are a source of concern for marine insurance companies, says Helle Hammer, CEO of the Nordic association Cefor.

Photo: Cefor

Chinese container carriers are already ordering ships that are bigger than Maersk Line's Triple-E series of 18,000 teu. The biggest ships set to sail the world seas will allegedly be around 22,000 teu, and the development is not likely to stop there.

As such, one of the biggest conversation topics among marine insurance companies and associations concerns how the industry should handle the bigger ships sailing the seas, Helle Hammer, CEO of the Nordic Association of Marine  Insurers (Cefor), tells ShippingWatch.

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