The Safety & Shipping Review 2019 analyzes reported shipping losses over 100 gross tons (GT). It was conducted by Allianz Global Corporate & Specialty (AGCS), a unit of the Allianz Group.
In 2018, a total of 21 vessel losses were reported in Asia Pacific, down from 46 losses in the 12 months earlier, driven by a significant decline in activity in the global loss hotspot, South East Asia, and weather-related losses after quieter hurricane and typhoon seasons.
