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Omani ports now off Lloyd’s high risk zones list

The Sultanate has secured the removal of Omani seas, ports from the list of high maritime risk zones maintained by Lloyd’s company and London-based maritime insurance companies.

A statement issued online by Oman News Agency, (ONA), said : “The Sultanate, represented by the Ministry of Transport, Communications and Information Technology, in coordination with the Foreign Ministry, the Maritime Security Centre and Asyad Group, has been able to lift Omani seas and ports from the high maritime risk zone endorsed by the risk rating panel of Lloyd’s company and London-based maritime insurance companies.”

In May 2019, the committee rated seas and ports lying in the Arabian Sea, Sea of Oman and the Gulf as falling within the high maritime risk zone due to a number of incidents that occurred outside Oman’s regional waters.

Over the past period, the working team formed by the departments concerned in the Sultanate worked in continuous coordination and consultation with representatives of the risk rating committee of the London-based maritime insurance firms. The Omani team provided appropriate information proving that Omani seas and ports are clear of any threats targeting vessel safety or international maritime freighting routes. The Omani team also furnished security procedures endorsed at the Sultanate’s ports to provide safe, secure and sustainable shipping covering all Omani zones.

The Ministry of Transport, Communications and Information Technology said that lifting the Sultanate from the high risk maritime zone will raise the number of international vessels and cargo firms frequenting Omani ports and augment the volume of investments in the fields of maritime transports via Omani ports. This success reflects the status of security in all of the Sultanate’s geographical outreach.
Source: Times of Oman

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