In 2024, maritime casualties rose by 15%, driven by machinery failures and an aging fleet, with 44% of vessels over 25 years old. Incidents have surged 42% since 2018, raising safety concerns. Shipowners must enhance maintenance and adopt new technologies to address these escalating risks and ensure safer operations.
Maritime casualties have surged by 42% from 2018 to 2024, significantly outpacing the global fleet’s 10% growth. Machinery damage now accounts for 60% of incidents, with older vessels contributing heavily. DNV emphasizes that high freight rates and delayed scrapping of aging ships pose increased risks for seafarers and the environment.
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