Extra security to cost ships $100,000 per trip thru risky sea routes
Enhanced security measures taken for safe voyage through pirate-infested waters is costing Bangladeshi shipping companies around $100,000 extra per trip, which will add to freight charge and eventually pass on to consumers, ship owners have said. Ocean-going ship operators are having to spend the additional amount for obtaining war risk insurance, deploying armed guards and
Source: tbsnews.net