Allianz: Asia Pacific remains top shipping loss region despite lowest loss figures globally this century
- Written by Reporters
- Safety and Shipping Review 2019: Asia Pacific waters remain top shipping loss region, led by South China, Indochina, Indonesia and Philippines
- While total losses have declined regionally, shipping incidents are on the rise as a result of high traffic
- Globally, 46 large ships lost in 2018, down by a record 50% annually and 55% below...