P&I casualty costs soar in the age of mega ships and tougher environmental standards

Expensive wreck removals are also starting to strain relations between insurers and salvors

P&I clubs are talking to salvors about a code of conduct for wreck removal tenders, such as the one for the 207,000-dwt Wakashio (built 2007).
P&I clubs are talking to salvors about a code of conduct for wreck removal tenders, such as the one for the 207,000-dwt Wakashio (built 2007).IMO
Published 18 January 2021, 11:48Updated 22 January 2021, 13:29
North P&I ClubSwedish ClubMauritiusInternational Salvage UnionP&I business focus