Owners Unhappy

PricewaterhouseCoopers has surveyed German shipowners, and the results show clear dissatisfaction with the current efforts to fight piracy.

Of the owners questioned, just 17% believed the European Union’s naval mission ATALANTA is contributing notably to solving piracy.

Down from 40% last year. The issue of rising insurance costs is affecting a majority of owners, with 60% now paying more for insurance.

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