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RISK: Piracy risk drops in Southeast Asia, spikes in the Gulf of Guinea | Canadian Insurance
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RISK: Piracy risk drops in Southeast Asia, spikes in the Gulf of Guinea

In April 2016, there were 14 attacks off the Niger Delta

Maritime crime and piracy in Southeast Asia and the Indian Ocean has dropped significantly in 2016, statistics from Dryad Maritime show. In the first half of the year, the regions saw 49 incidents of piracy, down 66 per cent from 2015.

Read: Piracy is a bigger problem for Canadian ships than you might think

“In the Indian Ocean, we are witnessing a period of de-escalation as ship owners are placing less reliance on armed security in favour of information-based risk mitigation,” Ian Millen, COO of Dryad Maritime, said in a release. “Whilst the welcome containment of Somali piracy has come about as a result of a comprehensive, joined-up approach, including naval forces and embarked armed guards, we are very mindful of the fact that the situation at sea can change rapidly. In short, avoiding complacency and remaining vigilant is as important today as it was in years gone by, as any material change in the risk/reward ratio for Somali pirates could result in further hijacks of those that fail to prepare well or are reckless in straying too close to Somali shores.”

The most dangerous region for seafarers, on the other hand, is the Gulf of Guinea, where kidnap and ransom risk is great. In April 2016, there were 14 attacks off the Niger Delta, resulting in 10 crew members being kidnapped from three vessels. Some were as far as 110 nautical miles from shore.

Read: Pirate hackers lead to high shipping losses around South China Sea: AGCS

Other dangerous regions for mariners include the Mediterranean because of its migrant crisis and the waters around Libya, Syria and Yemen because of the conflicts there, Millen said.

“Our advice is to encourage all to build the best possible awareness, thereby reducing uncertainty and enhancing preparation.”