The drive toward decarbonisation is fundamentally reshaping the risk profile of the shipping industry, introducing exposures across both hull & machinery and P&I liability lines. This session explores the adoption of alternative fuels such as LNG, methanol, ammonia and biofuels, and the operational, technical and environmental risks they create.

This workshop will examine how these new risks affect H&M cover—such as propulsion system failures, retrofitting challenges and machinery reliability—and P&I liabilities, including crew safety, pollution and third-party damage. The discussion will also address coverage gaps, underwriting considerations and practical strategies for insurers and shipowners to collaborate in managing these emerging risks while supporting a safe and sustainable transition toward low-carbon shipping.