GOOD RECORD FOR CRUISE SHIPS--BUT RATES TO RISE?

This article reports the comments of a senior executive in a Norwegian firm of marine insurers concerning the safety record of cruise ships and the size of premiums for such ships. The underlying point made is that the comparatively good record of cruise ships has led to reductions in their premiums, but that if these reductions continue, there is not likely to be enough money to pay for serious casualties should they occur. An accompanying table shows passenger ship casualties from 1978 through 1987. It groups the involved vessels into four weight groups, tabulates casualties by type, and indicates the ages of the ships at the time of the accidents. In all, there were 39 serious casualties, worldwide, during the period, including four total/constructive total losses.

Media Info

  • Pagination: 1 p.
  • Serial:
    • Fairplay
    • Volume: 307
    • Issue Number: 5479
    • Publisher: Lloyd's Register-Fairplay
    • ISSN: 0307-0220

Subject/Index Terms

Filing Info

  • Accession Number: 00656155
  • Record Type: Publication
  • Source Agency: Maritime Technical Information Facility
  • Files: TRIS
  • Created Date: Jul 21 1994 12:00AM