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Allianz warns on potential spike in accidents brought about coronavirus-inspired downturn

Insurer Allianz’s annual shipping review, published today, warns the consequences of coronavirus and a sustained economic downturn could threaten long-term safety improvement and trigger an uptick in losses from cost-cutting measures, fatigued crew, and idle vessels. “We know from past downturns that crew and maintenance budgets are among the first areas that can be cut …

WP_Post Object ( [ID] => 227324 [post_author] => 76 [post_date] => 2020-07-15 05:33:20 [post_date_gmt] => 2020-07-15 05:33:20 [post_content] =>

Insurer Allianz’s annual shipping review, published today, warns the consequences of coronavirus and a sustained economic downturn could threaten long-term safety improvement and trigger an uptick in losses from cost-cutting measures, fatigued crew, and idle vessels. “We know from past downturns that crew and maintenance budgets are among the first areas that can be cut …

[post_title] => Allianz warns on potential spike in accidents brought about coronavirus-inspired downturn [post_excerpt] => Insurer Allianz’s annual shipping review, published today, warns the consequences of coronavirus and a sustained economic downturn could threaten long-term safety improvement and trigger an uptick in losses from cost-cutting measures, fatigued crew, an... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => allianz-warns-on-potential-spike-in-accidents-brought-about-coronavirus-inspired-downturn [to_ping] => [pinged] => [post_modified] => 2020-07-15 07:03:20 [post_modified_gmt] => 2020-07-15 07:03:20 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=124008 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )