Allianz warns of increase in machinery claims due to low sulfur fuel

The shipping industry has been proactively working to reduce emissions, but there have been unexpected safety implications connected with the use of ultra-low sulfur fuel. Engine problems and power issues have been reported and such incidents could increase as regulations on sulfur content in fuel tighten further. According to Allianz Global Corporate & Specialty (AGCS) annual ”Safety and Shipping Review ” there has been an increase in machinery claims in relation to fuel.