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Oil Industry Weighs Return to Red Sea as Security Concerns Persist
As tensions in the Red Sea begin to ease, oil executives are weighing the possibility of resuming navigation through the crucial waterway leading to the Suez Canal. However, companies remain wary, carefully assessing the security landscape and the actions of their competitors before making any major moves. A significant test of this shift came earlier […]
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Surge in Sea Robbery Incidents in the Singapore Strait: ReCAAP Urges Increased Vigilance and Enforcement
In the period between 1 January and 3 February 2025, the ReCAAP Information Sharing Centre (ISC) reported 11 incidents of sea robbery on vessels navigating the eastbound lane of the Singapore Strait’s Traffic Separation Scheme (TSS). Alarmingly, six of these incidents occurred in just the last week, from 26 January to 3 February. Robberies took […]