Print

Total Losses by Top 10 Regions: 2007-2016 and 2016

Shipping losses declined by 16% compared with 2015. They have declined by 50% over the past decade.

> Back to Safety and Shipping Review 2017

2016: Losses in Focus

/assets/Infographics/Safety%20and%20Shipping/2017/AGCS-Total-Losses-by-Top-10-Regions.jpg
(Click on image to expand)

/assets/Infographics/Safety%20and%20Shipping/2017/Losses-by-Year_617.PNG
(Click on image to expand)

***

Total Losses by Top 10 regions: from January 1, 2016 to December 31, 2016

2016: More than a quarter of losses occurred in the South China, Indochina, Indonesia and Philippines region (23). Over half of these incidents involved cargo vessels. Foundered was the top cause, accounting for 87% of losses in this region.
/assets/Infographics/Safety%20and%20Shipping/2017/AGCS-Total-Losses-by-Top-10-Regions-2016_900.gif
(Click on image to expand)

***

Total Losses by Top 10 regions: from January 1, 2007 to December 31, 2016

2007 - 2016: The 2016 accident year (85) represents a significant improvement on the rolling 10-year loss average (119) - down 29%. South China, Indochina, Indonesia and Philippines (249) has been the top loss hotspot for a decade.
/assets/Infographics/Safety%20and%20Shipping/2017/AGCS-Total-Losses-by-Top-10-Regions-2007-2016_900.gif
(Click on image to expand)

Note: All figures are based on reported losses as of 6 March, 2017. 2016 total losses may increase slightly, as based on previous years’ experience; developments in losses lead to a number of total losses being confirmed after
year-end. The average variance over the past nine years has been an increase of fewer than three total losses, but in some years this varies, with up to 16 additional losses being notified for one year.