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...]

Asia Piracy and Armed Robbery Incidents Up 22% in 2014 [REPORT]

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia, aka ReCAAP, reports a 22% increase in the total number of piracy and armed robbery incidents in Asian waters in 2014. The ReCAAP Information Sharing Center is the first government-to-government agreement to promote and enhance cooperation in the fight against piracy and armed … [Read more...]

U.S. Joins ReCAAP Anti-Piracy Council

WASHINGTON – The United States on Tuesday became 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). Established in 2006, ReCAAP’s mission is to enhance regional cooperation through information sharing, capacity building and cooperative arrangements in combating piracy and armed robbery against ships in … [Read more...]