Lee Choon Fai
KUALA LUMPUR: The Straits of Malacca has been removed from a war risk zone list by the Lloyd’s Market Association Joint War Committee.
Defence Minister Datuk Seri Hishammuddin Hussein said this is due in large to the joint efforts of Malaysia, Singapore, Thailand and Indonesia.
“We have the Malacca Straits Sea Patrol (MSSP), Eyes in the Sky and Intelligence Exchange Group (IEG) between the four countries,” he told a press conference at Parliament lobby today.
He said this will lower insurance premiums for shipping companies operating in the Malacce Straits and urged the private sector to come forward and help the government in ensuring the safety and security of ships there.
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Via:Â http://www.thesundaily.my/