Pollution boss sounds the alarm over tanker insurance black hole

An increasing number of ships do not have adequate pollution cover because of sanctions and low-grade insurers

Gaute Sivertsen, director of the International Oil Pollution Compensation Funds, has concerns over lack of insurance cover in the tanker industry.
Gaute Sivertsen, director of the International Oil Pollution Compensation Funds, has concerns over lack of insurance cover in the tanker industry.Photo: IOPC
Published 11 May 2022, 05:57Updated 11 May 2022, 12:02
International Maritime OrganizationUkraine CrisisInternational Group of P&I Clubs