NEARLY a third of vessels lost at sea last year were lost in Southeast Asian waters where high cargo volumes flow, according to major German major marine insurer Allianz, reports the Philippines Inquirer. Allianz’s Safety and Shipping Review 2024 noted that most of the shipment losses were tracked in the Philippines, South China, Indochina and Indonesia last year. In 2023, a total of 26 vessels were lost worldwide, fewer than 41 in 2022. The latest figure shows a significant improvement as...
https://www.seanews.com.tr/southeast-asia-riskiest-in-shipping-says-allianz-report/200501/