UAE added to insurers Joint War Committee risk list following tanker attacks

Following the 12 May sabotage attacks on four tankers off Fujairah the LMA Joint War Commission (JWC) has added the United Arab Emirates (UAE) to its listed areas for Hull War, Piracy, Terrorism and Related Perils.

The decision by the JWC was taken on Friday, following a meeting earlier in the week where it had deferred a decision on amending its list of war risk areas.

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Source: seatrade-maritime.com

Boundaries of Piracy High Risk Area Reduced

The geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced.

An industry group of shipping and oil industry organizations BIMCO, International Chamber of Shipping (ICS), INTERCARGO, INTERTANKO and the Oil Companies International Marine Forum (OCIMF) are responsible for setting the High Risk Area, and they emphasize that a serious threat remains despite the reduction to the area’s geographic boundaries and that correct reporting, vigilance and adherence to 5th edition of the best management practice (BMP5) remains crucial.

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Source: maritime-executive.com

Piracy High Risk Area Boundaries Reduced In Indian Ocean

The Round Table of international shipping associations plus the Oil Companies International Marine Forum (OCIMF) have issued new advice to merchant ship operators about the boundaries, while emphasising that a serious threat from piracy still exists in the region.

The High Risk Area reflects the area where the threat from piracy exists, whilst recognising the ongoing containment of pirate attacks in the Indian Ocean. The industry group which has redefined the boundaries includes BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO.

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Source: bunkerspot.com