Wan Hai 503 becomes latest casualty as ship fires continue to plague the industry

In their Safety and Shipping Review 2025 report, Allianz Commercial highlights that the global shipping fleet losses have dropped by 87% from around 200+ ships in the 1990s to a record low of 27 as of the end of 2024.. 🙂 While this is a commendable decrease, the latest fire on the Wan Hai 503 […]

The post Wan Hai 503 becomes latest casualty as ship fires continue to plague the industry appeared first on Shipping and Freight Resource.

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