Port Authorities today, most likely require lost anchors to be found and removed, thereby resulting in a “wreck removal” case. The more serious and very costly cases occur when dragging anchors leads to collisions, groundings, damage to subsea -cables and -pipelines, or pollution. Ship operators, Masters and crew need to be aware of the risks involved and thoroughly assess the limitations of a vessels’ anchoring equipment. Senior Loss Prevention Executive Jarle Fosen recently shared Gard’s experience and recommendations at the DNV sponsored webinar co-hosted by Gard and The Swedish Club.