Did you know that an average of 119 ships have been lost on the high seas each year, according to insurance firm Allianz?

In the last decade around 100 large ore-carrying ships have sunk (98 between 2007 and 2017 to be exact) including four in one 36-day period leading up to Christmas 2010. Many of these sank in calm seas, so what is going on? Continue reading Shipping industry in troubled waters →