JWC reduces Indian Ocean HRA


The context of the latest BMP4 adjustment the Joint War Committee had reduces of the size of the Hull War, Piracy, Terrorism and Related Perils Listed Area for the Indian Ocean with JWLA 022 in december last year. As a result, the Red Sea up from Latitude 15° North is not longer to be recognized as a piracy related area, as well as the waters up from Longitude 65° East. 

Besides the effects on insurance premiums for the shipping industry, the ongoing political changes within the major hubs of Egypt as well as Sri Lanka might cause major deficiencies in the availability of PMSC services for the shipping industry. As the so called PCASP „vanilla route“ from Far East to Europe and vice versa was meant to be a transit between Galle and Suez, this hubs will likely drop in their logistical importance due to Egypts declination of PMSC services and Sri Lanka Navy’s  takeover of the company AGMS. 

Please click the links down below for further information on the issue.

JWLA 022 published 10th December 2015

AGMS Article in The Sunday Leader

Mitgliedschaften & Partner

Bundesverband für Logistik
Ghorfa Arab-German Chamber of Commerce and Industry
Logisitikinitiative Mecklenburg-Vorpommern


Hauptniederlassung Sittensen / Deutschland

Lindenstr. 11, 27419 Sittensen / Deutschland / Europa

Postfach 1417, 27416 Sittensen / Deutschland / Europa

Tel.: +49 4282 59 40 798
E-Mail: info@ibs-ops.com

Zweigniederlassung Hamburg / Deutschland

Georgsplatz 1, 4. Etage
20099 Hamburg, Deutschland, Europa

Hafencity Operations Office
Überseeallee 1, 2. Etage, 20457 Hamburg

Tel.: +49 40 879 79 85 0 
E-Mail: hamburg@ibs-ops.com

Repräsentanz Florida / USA

66 West Flagger Street, Suite 900,                                                                                                Downtown Miami
Miami / Florida 33130
United States of America

Tel.: +1 7867430733
E-Mail: miami@ibs-ops.com

Repräsentanz Maskat / Sultanat von Oman

Tamina Building, 02. Stock 
Al Nahdha Road, Wattaya, P.O. Box 395
PC 118 Maskat / Sultanat von Oman / Mittlerer Osten

Tel.: +968 2466 7782
E-Mail: muscat@ibs-ops.com

Repräsentanz Singapur / Singapur

3 Temasek Avenue
Centennial Tower / Level 21 / 039190 Singapore
Republik Singapore / Asien

Tel: +65 65 49 72 09
E-Mail: singapore@ibs-ops.com

Repräsentanz Vilnius / Lithuania 

Gedimino pr.20
Vilnius, Lithuania, LT-01103
Ost Europa

Tel: +370 520 78892
E-Mail: vilnius@ibs-ops.com