Piracy and armed robbery linked events in Asia have marginally dropped to 14 in July from 21 in June, according to the latest monthly piracy report from anti-piracy watchdog, ReCAAP.

The report added that about half of piracy incidents were theft, of which two were hijacks and one armed robbery aboard the Ji Xiang on 25 July.

Hijacking situations to obtain oil cargo have become an issue in the Asian region this year, with nine reported attacks on tankers, according to the report.

“The continual rise in attacks is fuelled by a number of informed criminal gangs who use intelligence on vessel cargoes and routes to launch their attacks.”

With half of the incidents cropping up in the South China Sea, the report warned that vessels anchoring outside port limits to avoid port dues are highly vulnerable to attack and should exercise caution.

Urging crews to exercise greater vigilance, which is key to foiling boarding attempts, the anti-piracy regulator noted that piracy incidents are fluctuating with many ups and downs in the last year. Figures have declined from 17 in July 2013 to nine in September, and then rose to 20 in October of the same year.

However, several sources noted that the continual rise in attacks is fuelled by a number of informed criminal gangs who use intelligence on vessel cargoes and routes to launch their attacks.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Several western private maritime security companies (PMSCs) are turning to Asia as a potential new market for their services, even amidst increasing hijacking reports in the region.