Increasing Piracy Activities
South East Asia is fast becoming a potential threat to the world commerce due to rising incidents of sea piracy. In past few years the region has witnessed an increase in the pirate attacks near Strait of Malacca and South China Sea. This is becoming a significant problem and it seems to be escalating as the value of the oil stolen in 2015 alone in the area stands at $5 million. There have been 124… Read More »Increasing Piracy Activities