Fri, 26 May 2023 21:00:57 +0000
Gard was founded in 1907 by shipowners who were unwilling to expose themselves, through a mutual insurance arrangement, to the perceived new risks of steam propulsion. Now the wheel is turning full circle and increasingly shipowners are looking to retrofit or buy newbuilds incorporating wind propulsion technology. But what risks might that new equipment pose, …
Full article: https://www.hellenicshippingnews.com/wind-propulsion-opportunities-and-new-risks/