Rahul Khanna

In North America, the number of theft claims has increased for the past six years in a row, with a 20% increase year-on-year in 2022.

Shipping losses are the lowest in 12 years, thanks to safety programs, training, new ship design and regulation. That's the good news.

But Russia’s invasion of Ukraine; the move to decarbonization; crew and port congestion challenges and other issues mean there is no room for complacency,