Kidnappings in Bay of Guinea likely for another couple of years

Pirate attacks, as was seen in December when crews of 20 were kidnapped, will likely continue another couple of years, warns Risk Intelligence in a new report put together for the tanker sector.

Photo: Finn Frandsen/Politiken/Ritzau Scanpix/Politiken

The fairly high number of kidnappings of crew members in the Bay of Guinea will likely continue in 2020 as well as 2021. At any rate, Risk Intelligence, in a report that was just published, warns the international tanker sector about the development, which has been particularly significant in late 2019, projecting that it could continue for another year or two.

The report was put together for Intertanko, as several of the incidents have seen tanker vessels being attacked by pirates who subsequently kidnapped the crew.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Chinese coal shortage endures and boosts earnings in dry bulk market

Coal is in high demand in China, and by all appearances, the appetite for coal will not abate in the coming months, benefiting dry bulk operators. Norden and Lauritzen note how the Chinese coal policy – in addition to its import ban from Australia – serves to strengthen an already strong market. Clarified.

Further reading

Related articles

Latest news

See all jobs