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Global piracy acts drop to 14-year low: report

Global piracy acts drop to 14-year low: report

13 Sept 18:25 Key points summarised by AI
  • Global piracy acts reached a 14-year low in 2022, with the Maritime Information Cooperation and Awareness Center (MICA) reporting only 300 incidents of piracy and robbery worldwide.
  • The Gulf of Guinea, previously a major piracy hotspot, saw a significant reduction, with attacks dropping from 26 in 2019 to just three in 2022, and kidnappings falling from 146 to two.
  • Despite the positive trend, maritime security experts caution against complacency, noting that robberies in territorial waters, particularly in the Malacca and Singapore Straits, are on the rise.
  • The report suggests that many former pirates have shifted to other illicit activities, such as illegal oil refining or transporting stolen crude, indicating an evolution in maritime threats beyond traditional piracy.
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