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Six months of war in Ukraine

FT News Briefing

The Indian Ocean Is No Longer High Risk

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A shipping industry group said the Indian Ocean is no longer deemed high risk. A whole industry formed around this of private armed guards who would work on the ships, providing protection for them. Harry says it's significant for the shipping industry now that the region is no longer designated at higher risk. The first Russian oligarch super yacht is up for auction. 63 bids have come in for the luxury vessel which was impounded in Gibraltar in March.

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