The frequency and cost of collision, grounding and fire incidents has increased in some areas for Asian-based ship owners and managers, but the number of total losses as a whole has reduced significantly over the past 12 months, said Allianz in its recent Shipping and Safety review 2019, recommending that newer infrastructure, better port operations and more up-to-date charts would help to address some of these issues.
In 2018, a quarter of shipping total losses occurred in the South China,...
https://safety4sea.com/asia-saw-fewer-total-shipping-losses-in-2018/