Press release from BIMCO and other industry organisations about removal of Indian Ocean High Risk Area
Announcement that the Indian Ocean High Risk Area for piracy will be removed on 1 January 2023
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The Round Table of international shipping associations plus the OCIMF representing the global shipping and oil industry have announced the geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced, with new advice issued to merchant ship operators.
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A continued downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the ‘High Risk Area’ (HRA) for piracy in the Indian Ocean, which will apply from 1 September 2021.
Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in the Indian Ocean has been reduced and issued new advice to merchant ship operators.
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On 12 January the Indian Government issued notifications related to the payment of Service Tax.
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