News / Asia's busy shipping lanes a hotspot for disaster, but ro-ro poses highest safety risk

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Major ship losses continued to decline last year, but smaller incidents are on the rise, alongside increased safety risks resulting from the coronavirus pandemic.

Today’s Safety & Shipping Review 2020,  published by insurance provider Allianz, reveals 41 ships of over 100 gross tons were lost in 2019, 20% fewer than in 2018 and 70% fewer than a decade ago.

Asia was worst hit, with 14 large ship losses, which Allianz puts down to high levels of trade, busy shipping lanes, older fleets and ...