Tanker hijackings raise piracy concerns in seas around Singapore | Reuters

Two tanker hijackings in about a month in the South China Sea and Malacca Strait, a route for about a quarter of sea borne oil trade, have fuelled fears piracy could be on the rise in the area, potentially driving up ship insurance premiums.

On November 7, pirates hijacked a tanker carrying marine gasoil in the strait near Pulau Kukup, Malaysia, and stole its cargo before the ship and crew were released.

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via Tanker hijackings raise piracy concerns in seas around Singapore | Reuters.

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