Far fewer vessels sink on the world seas

Far fewer ships are sinking across the world, and last year the number dropped to a record low, according to a report by insurance firm Allianz. One fourth of ships sink in one particular area.

Dry bulk vessel Thorco Cloud sank in the Singapore Strait in 2015. | Photo: AP / Ritzau Scanpix

The number of ships sinking at sea has plummeted to a record low.

A total of 46 large vessels sank across the world in 2018, a drop of more than 50 percent compared to the prior year, according to a report by insurance firm Allianz. The number was 98 the year before, and in 2000, a total of 207 vessels sank.

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