Eyes of the Fleet

Eyes of the Fleet

Friday, July 08, 2005

Tanker owners protest "war risk" insurance for Malacca Strait

Reported byMaritime Global Net,
TANKER owners’ group Intertanko has expressed its dismay that the London-based Joint War Committee (JWC) of Lloyd's Market Association has declared the Malacca Strait a high-risk area. The recent move has been attributed to continuing pirate attacks in the area.
Not too surprising.

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