Southeast Asian Pirates: Nothing to Shiver your Timbers Over
Elementum
JUNE 29, 2015
And while Malaysia managed to rein in the issue over a decade ago, hijackings and thefts have been cropping up further east, in Indonesian waters. There is chance of a rise in insurer premiums for ships that travel that area, which could lead to increased shipping costs. In 2014, there were 15 hijackings.
Let's personalize your content