26 January 2015
In the media | 11 Dec 2014

Increased security threat against Danes?

Politiken

The Saudi authorities have arrested three men in the aftermath of the attack against a Danish citizen employed in Saudi Arabia. According to the Danish Security and Intelligence Service (PET), those arrested are suspected of sympathizing with the terrorist organization Islamic State. The PET further underlines that the terrorist threat against Danish interests in the country embodies the overall strategy of the Islamic militants, where Western interests in the area are considered attractive targets.

Hans Tino Hansen, CEO at Risk Intelligence, points out that the sticking point in relation to Danish interests is whether the perpetrators were aware of the nationality of their target. The attack, if directed against westerners in general, represent nothing new – but if specifically directed against a Dane, such could indicate that Danes, and Danish interests, now are a top priority for IS-sympathizers.

For the full article in Danish, please see the link below:
http://politiken.dk/oekonomi/virksomheder/ECE2481579/pet-raadgiver-danske-firmaer-i-saudi-arabien-efter-dansker-angreb/



Update 12 December: The article was reissued in the light of new findings, please see the below link for the follow up in Danish:

http://politiken.dk/oekonomi/virksomheder/ECE2482071/arla-var-advaret-foer-skudattentat/ 

In the media | 04 Dec 2014

Up close with the Indonesian pirates

Søfart

In the work of investigating how much of the Indonesian pirate activities that went unreported, Risk Intelligences’ expert on Southeast Asia came in close touch with pirates in the Singapore Strait and the South China Sea. This relation presented the analyst with a firsthand view on how, and when, the pirates began to change their operational patterns - from having focused on hijacking smaller boats, they began to increasingly focus on palm oil and other petroleum products for resale.

The resale of stolen petroleum products have since then become increasingly advanced and internationalized. The analyst came in contact with a pirate group that had hijacked a ship in the South China Sea, transferred its palm oil to a barge and sailed it to the Singapore Straits. Here, the load was transferred to a larger tanker bound for Europe, thus mixing it with legal palm oil. In this particular case, the stolen products were sold on the open market in Rotterdam as legal palm oil.

Though this case represents the standard modus operandi, it was the first time that the analyst had seen it being associated with Europe. This is also the closest the pirates have come to the international shipping world just yet, as they previously have sought to stay below the radar of international attention.



For the full article in Danish, see the link below (subscription needed):

http://www.soefart.dk/?art=5771 

In the media | 04 Dec 2014

Only one in five hijackings are reported

Søfart

Risk Intelligence senior analyst estimates that only one of five hijackings in Southeast Asia are reported to local authorities. In a region where the average number of hijackings amount to one in every two weeks, the past year's increase in the numbers is expected to represent the tip of the iceberg. Furthermore, due to a conscious approach by the pirates, seeking to avoid international attention by hijacking ships for the sole purpose of stealing their cargo, the vast majority of hijackings and cargo thefts in the region are expected to remain unregistered.



For the full article in Danish, see the link below (subscription needed):
http://soefart.dk/?art=5773 

In the media | 02 Dec 2014

Monjasa and Trafigura dominate West Africa bunker market

Shippingwatch

A big part of the ship traffic in West Africa - notorious for hijackings and bunker quality fraud as well as insufficient volumes of delivered bunker - consists of tanker vessels transporting oil and chemical products in and out of the region. The deteriorating security situation, and particularly due to the significant risk of assaults and hijackings, have however caused numerous companies to give up on delivering bunker fuel in West Africa.

There are only a few small Asian and local bunker companies left operating in the area in addition to Danish Monjasa and trading house Trafigura, whom now have secured a dominant position in the West African bunker market. Stena Oil, having withdrawn from operations in the region, does not rule out that the bunker company will return to the region if security is improved significantly in the area, and in Nigeria, in particular.

There is a very clear system concerning tanker hijackings according to Hans Tino Hansen, CEO at Risk Intelligence. The organized groups of criminals operating in West Africa have specialized in hijacking product tanker vessels and stealing the cargo, and the excess demand for certain products in Nigeria have only made the market increasingly lucrative.

For the full article, see the link below:

Shippingwatch 

In the media | 29 Nov 2014

Piracy in Africa: The ungoverned seas

The Economist


Just a few years ago the most dangerous waters in the world were off the coast of Somalia, now it is the Gulf of Guinea that is the worst piracy hotspot. Incidents off West Africa have stretched all the way from the Ivory Coast to Angola, but the root of the problem is tied to Nigeria and its dysfunctional oil industry and violent politics of the Niger Delta.

Widespread bunkering and a violent insurgency created the conditions for piracy to flourish. There tend to be spikes in both bunkering and maritime criminality before elections, which indicates that politicians are using illicit means to finance themselves and pilfering is thus expected to rise as Nigeria’s presidential vote nears in February. Mr. Hans Tino Hansen, CEO at Risk Intelligence, points out that the ransoms are being used for the election campaigns through a “feudal system”, in which politicians protect pirates in return for a cut of their profits. An added problem is that elections may divert the attention of the security agencies.

For the full article, see the link below:
http://www.economist.com/news/middle-east-and-africa/21635049-waters-around-somalia-are-calmer-piracy-west-africa-rising 

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