22 December 2014
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 | 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 

In the media | 28 Nov 2014

A systemized approach to tanker hijackings

Shippingwatch

Smaller tankers are at great risk of being targeted by pirates off West Africa and Mr. Hans Tino Hansen, CEO at Risk Intelligence, highlights the systemized approach towards hijackings and armed robberies off West Africa.

The highly lucrative and systemized business model draws upon a triangular trade in the Gulf of Guinea, emanating particularly from Nigeria, in which the hijacked tanker is sailed to a position where a second tanker, chartered by the syndicate, is waiting. The diesel or fuel oil is then transferred from the hijacked tanker through a STS transfer before entering the Nigerian market where the stolen products are sold with high gain. The systemized approach renders the attacks highly profitable, and the pirates can gain between two and eight million USD for a weeklong operation.

So far there have been four successful hijackings this year, and there are currently several mother ships present in the area. Mr. Hansen points out that though not a growing problem, it is a problem that is continuously present and for which the outcome of the Nigerian elections in February are expected to have a direct impact on. There is a possibility a renewed violent spiral if a candidate from the North is chosen compared to the consequences of re-electing Mr. Goodluck Jonathan, who will be expected to do more to solve the problem.

For the full article in Danish, see the link below (subscription needed):
http://shippingwatch.dk/secure/Rederier/Tanker/article7244073.ece
 

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