Shipping Losses Hit Record Low in 2022
Logistics Business Magazine
MAY 31, 2023
During 2022, 38 total losses of vessels were reported globally, compared with 59 a year earlier. This represents a 65% decline in annual losses over 10 years (109 in 2013). It accounted for one-in-five losses in 2022 (10) driven by factors including high levels of trade, congested ports, older fleets and extreme weather.
Let's personalize your content