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Sep 21, 2021
Lockton P.L. Ferrari

Newsletter 05-21

Piracy in Indian water –High Risk Area reduced

On 17 August 2021, BIMCO, ICS, Intercargo, Intertanko and OCIMF announced anagreement to reduce the boundaries of the piracy High Risk Area (HRA) in the IndianOcean.

The geographic changes have taken effect from 1 September 2021 and have consequentlyreduced the HRA boundaries to the Yemeni and Somali Territorial Seas and the EEZ in itseastern and southern reaches.

The new coordinates of the HRA are clearly indicated in the attached joint press release ofthe above global shipping and oil industries.

The reduction of the HRA is a result of a downward trend in Somali piracy, though allvessels transiting these waters must continue to remain vigilant and conform to therecommendations in the latest industry Best Management Practices. Therefore, all shipsare advised to register with Maritime Security Centre Horn of Africa (MSCHOA) andreport to the United Kingdom Maritime Trade Operations (UKMTO) prior to entering theregion.

Despite this reduction the IMB (Piracy Reporting Centre) warns that Somali pirate groupsstill have the capacity to carry out attacks in the Somali basin and wider Indian Ocean.

HRA is only relating to the implementation of BMP measures and does not coincide withthe listed areas indicated by Joint War Committee (see encl.JWL027LA) affecting the WarRisks insurance.”

Our teams at P.L. Ferrari office’s are always ready to assist you for any type of additionalinformation you may need.

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