A convergence of crises

Lars Lange, of the International Union of Marine Insurance, warns of the mounting challenges facing the shipping sector, which could hamper the future sustainability of the industry

It is not often that shipping is impacted by simultaneous factors that have the potential to disrupt the sea routes that vessels have been sailing for many years. But lately the war in Ukraine, the tensions in the Red Sea and the climatic conditions impacting the Panama Canal have all conspired to challenge the traditions of international shipping.