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Allianz: Shipping losses in Asia buck global trends and continues to rise, making it top region worldwide for major shipping incidents over last decade.

  • Written by Reporters
  • Safety & Shipping Review 2018: Globally 94 large ships lost in 2017, down by more than a third over 10 years. Bad weather involved in 1 in 4 losses. Asia top global loss region accounting for 38% of shipping losses in 2017.
  • In South China and South East Asian waters, losses are up 25% (30 ships) annually with foundering/sinking accounting for...

Read more: Allianz: Shipping losses in Asia buck global trends and continues to rise, making it top region...

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