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

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

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