White Paper THE KNOWN UNKNOWNS Declassification of the Indian Ocean High Risk Area (HRA)

As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HRA) in the Indian Ocean Region (IOR) effective from 0001 UTC on January 1st, 2023, as a result of 15+ years of successful coordinated efforts by the International Community stakeholders to suppress a variety of regional threats.

This decision, however, primarily takes into account the successful suppression of piracy, and not the elimination of piracy as a threat, nor any of the many other regional threats.

Whether or not this area is labelled as an HRA, the formally recognized and formidable threats to commercial vessels still exist and cannot be ignored.

In light of this, we believe it is vital that all stakeholders and industry participants are fully aware of the status quo, the consequences of stakeholder decision making, and of the potentially ominous outcomes facing this region as a result of this decision and moment in history.

Our White Paper, The Known Unknowns: Declassification of the Indian Ocean Hig....

read more from hellenicshippingnews.com