Two ships sit grounded on a breakwater strewn with debris in Hyogo, Japan, after a typhoon, Sept. 6, 2018. (Credit: Buddhika Weerasinghe/Bloomberg) Two ships sit grounded on a breakwater strewn with debris in Hyogo, Japan, after a typhoon, Sept. 6, 2018. (Credit: Buddhika Weerasinghe/Bloomberg)

(Bloomberg) — Dangerous, expensive disruptions to shipping and many of the world's roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of traded goods by volume, according to a new analysis published today by the nonprofit Environmental Defense Fund.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Commercial Lines
E&S/Specialty