Category: Boat building/Ship repairs

Insurance conditions for ship builders discussed on Daily Cargo News

Leading industry publication Daily Cargo News, has published the state of the insurance market commentary from AlphaXO. Read the full article here and contact us to discuss your specific situation.

State of the insurance market commentary – ship builders and repairers

Like much of the marine insurance market, insurance for ship builders and repairers is seeing significant premium increases and changes in terms and conditions. The Lurssen shipyard fire is seen as the tipping point that quickened the changes. It was reported by TradeWinds that the Lürssen fire in September 2018 was potentially the largest hull…
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