In Venezuela Pirates Now Rule

By Jonathan Franklin (Bloomberg) Their industry all but destroyed, former fishermen now run guns one way, diapers another. On the sea with the desperate and ruthless. Venezuela and the island of Trinidad are separated by only 10 miles of water and bound together by the most lawless market on Earth today. Playing out at sea and on the coasts, it is a roiling arbitrage—of … [Read more...]

The Tankship Triangle: Southeast Asia’s Illegal Oil Market

by Henning Gloystein (Reuters) - An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery is shining a spotlight on an illegal trade worth tens of billions of dollars worldwide. Working routes in a triangle of sea anchored by … [Read more...]

Nigeria Probing Abduction of Polish Crew

By Dulue Mbachu (Bloomberg) -- Nigeria is investigating the abduction of five Polish crew members after their vessel was attacked by gunmen in the country’s territorial waters, the Nigerian Maritime Administration and Safety Agency said. The Cyprus-flagged vessel MV Szafir was attacked on Friday while “approximately seven nautical miles” from the coastal town of Brass, … [Read more...]

Five Kidnapped from Polish Cargo Ship Off Nigeria

WARSAW, Nov 27 (Reuters) - Pirates attacked a Polish-owned cargo vessel off the Nigerian coast and kidnapped its captain and four crew, Polish authorities said, in the first documented incident of its kind in almost year in some of the deadliest shipping lanes on earth. The Cyprus-registered Szafir was boarded overnight by armed men in two boats, who looted the 10,000-tonne … [Read more...]

IMB: Global Reporting System Needed to Curb Piracy

  The ICC International Maritime Bureau is calling for a global reporting system in the wake of an alarming uptick in the number of piracy and armed robbery attacks against ships at sea. The call to action was presented during discussions with key maritime stakeholders that took place the IMB International meeting on Global Piracy, Armed Robbery and Maritime Security … [Read more...]