The fishing vessel market plays a crucial role in the global fishing industry. In 2024, it was valued at over $1.54 billion, according to a Research and Markets Report. And the market is projected to grow to over $2 billion by 2028, driven by increasing demand for seafood, environmental concerns, and various economic factors.
Fishing vessels, by their nature, are specialised and include vessels such as:
- Trawlers
- Purse seiners
- Longline
- Factory ships
In such a high-value and complex industry, issues can occur and with issues come disputes and claims.
These claims can take many forms including port and dock damage, hull damage, engine and mechanical damage and ancillary equipment damage which can lead to vessels being out of service with costs of repairs and loss of earnings spiralling.
Alongside the mechanical and engineering wear and tear these vessels face, life aboard a fish boat can be a dangerous place leading to injuries and in the worst cases fatalities.
So, if you are defending a claim or making a claim involving a fishing vessel, Condon Claims Management can help.
Our commercial fishing claims management services include:
- Specialist claims handling
- Third-party administration
- Global medical assistance
- Offshore personal injury
- Legacy claims solutions
- Audits
Beyond our claims handling expertise, we offer proactive risk management services. Our support is available to Master Mariners and fleet personnel on incidents, disputes, protests, and potential liabilities, preventing them from escalating into claims.
Interested in learning more about CCM’s commercial fishing claims handling services? Contact us today for expert claims management you can trust.
