Ship safety is improving, with total loss incidents in a slow but steady decline between 2015-19, according to the inaugural State of Maritime Safety report published by IHS Markit. However, attention must remain on investment in safety amidst global market volatility, the report argues.
The annual State of Maritime Safety report, launched today, sponsored by DNV GL, provides IHS Markit data-led insights and analysis of vessel casualties and total losses, crew fatalities, inspection and detention regimes and expert maritime industry opinion.
The report offers insight into contemporary risks and concerns, and highlights problem areas that need more attention and safety solutions from the maritime industry.
Key findings include:
Top causes of ship casualties including by incident type and vessel sector
Vessel losses by type and location and numbers of killed and missing crew
The number of lives saved via the Cospas-Sarsat satellite system
Trends of vessel detentions including by flag, vessel age and sector
