Piracy, armed robbery incidents rose in Asia last year: report
THE number of reported incidents of piracy and armed robbery against ships in Asia rose 19 per cent in 2017 compared to 2016.
Some 101 incidents were reported in 2017 compared to 85 incidents in 2016, an annual report by regional anti-piracy body, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against ships in Asia Information Sharing Centre (ReCAAP ISC) showed.
This came after the number of such reported incidents fell to a 10-year low in 2016. The number of most severe incidents have, however, declined by over 50 per cent in 2017 compared to 2016.
Of the incidents reported in 2017, 85 were armed robbery against ships, 16 were piracy incidents. Last year, nine of these incidents took place in the Straits of Malacca and Singapore and 12 in South China Sea.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger
Baltimore’s trapped ships start leaving as new channel opens
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada