2019 June Hull Trends

Cefor half-year hull trend report as of June 2019 published.

Contents

• Major losses are back after 3-year period without losses in excess of USD 30 million.
• Excluding total losses, claim cost per vessel stayed at same low level in the first six months of 2019 as in the preceding three years
• Total loss frequency continues to stay at low level.
• Overall claims frequency rises in 2019 as compared to 2018, but not exceeding recent years' moderate level of 22% 
• Drop in insured values on renewal 4.1% in first half of 2019 

Special feature: Fires on container vessels

See the whole report here.