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Fire risks and loss prevention measures in shipping

Lithium-ion (Li-ion) batteries are increasingly impacting shipping safety with a number of fires. Allianz Global Corporate & Specialty (AGCS) marine risk consultants have long warned about the potential dangers that Liion batteries can pose if they are not handled correctly. In this risk bulletin, the AGCS team takes a deeper dive into the hazards and storage concerns associated with newly manufactured Li-ion batteries being shipped on vessels as cargo or already installed in new electric vehicles.

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