- Asian waters accounted for a third of large vessels lost at sea globally.
- Large shipping losses are at a record low having fallen by over 20% year-on-year.
- South China, Indochina, Indonesia, and the Philippines maritime region remains the top loss location.
- Japan, Korea, and the North China region saw 2 vessels lost in 2019.
- High levels of trade, busy shipping lanes, older fleets, typhoon exposure, and safety issues are the factors.
- AGCS study analyses reported shipping losses of over 100...
https://mfame.guru/asian-waters-accounted-for-a-third-of-vessels-lost-at-sea/