Asia piracy incidents hit 5-year high in 2020, shipping insurance rates firm

Sea robbery and piracy related incidents across Asia increased 17% year on year to just under 100 in 2020, amid consistent threat of possible attacks by the Abu Sayyaf Group, or ASG, prompting warnings for enhanced vigilance, an international watchdog monitoring the trend said over the weekend Jan 16-17.

Overall, such incidents in Asia, excluding the attempted ones, were up 32% from 2019 to a five-year high in 2020, ReCAAP said. ReCAAP is the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia.

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Source: hellenicshippingnews.com