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Latest big spill is PR car crash and may result in tougher legislation
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Marine insurers are heading into the uncharted waters of changing risk
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‘LOF light’ proposals are unsatisfactory because they would not make for adequate incentives, sector figurehead maintains. Shipowners and insurers must understand there is no alternative to footing the bill for sufficient salvage capacity
The rapid decline in the use of Lloyd’s Open Form – which some regard as too expensive, especially for simple jobs – has sparked a hunt for alternatives, with the issue the main focus of debate on the opening morning of the Salvage & Wreck Removal 2018 event
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