High-risk zone off Somalia has been reduced

London-based Joint War Committee, which determines where in the world carriers are operating in high-risk zones due to factors such as wars and conflicts, downsizes the risk zone off the coast of Somalia. Shipowners expect insurance premiums to follow suit.

The Joint War Committee, the London-based body which determines when the world's carriers enter high-risk zones, has decided to reduce the area off the coast of Somalia that has for years been ranked as one of the most dangerous sailing regions in the world, informs the Danish Shipowners' Association in a statement in which the shipowners add that the next step must be for insurance premiums to be lowered as the risk factor in the Indian Ocean has now been reduced.

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