Loss Prevention Advice
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Over the past week, 25-31 March, seven incidents (one CAT 3, five CAT 4 and one attempted) of armed robbery against ships in Asia
All incidents occurred onboard ships while transiting the Phillip Channel, in the eastbound lane of the Traffic Separation Scheme (TSS) in the Singapore Strait (SS). The incidents occurred to three container ships, three bulk carriers, and a tanker.
One ship reported loss of a portable welding machine while another reported the loss of some engine spares. No items were stolen from the remaining ships. The crew members were not injured in all seven incidents.
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A significant surge in maritime military activity, geopolitical maneuvering, and strategic positioning across global hotspots.
The latest analysis for March, underscores the dynamic and complex nature of the maritime security environment, with intensifying naval exercises in East Asia, heightened drug interdiction efforts in the Caribbean and Atlantic, and a range of other developments shaping the global maritime landscape.
East Asia: Escalating Tensions and Military Posturing
South China Sea and Beyond
Military and maritime activity continues to intensify across East Asia. Between April 1–4, gunnery exercises are scheduled in the western Philippines, a region of overlapping territorial claims by China, the Philippines, Malaysia, Vietnam, Indonesia, and Brunei.
This follows joint U.S.-Japan-Philippines naval drills and a recent patrol by Chinese forces, coinciding with a U.S. Defense Secretary visit to Manila aimed at reinforcing regional partnerships.
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The maritime industry has seen a significant shift toward dual-fuel vessels; however, the transition has brought new bunker management challenges, particularly for Very Low Sulfur Fuel Oil (VLSFO).
Dual-fuel vessels typically operate with a choice between VLSFO and Liquefied Natural Gas (LNG), with charterers often opting for LNG due to economic incentives. This creates a scenario where VLSFO bunkers remain stored for extended periods, increasing the risk of deterioration.