Date first published: 22/07/2025
Key sectors: all
Key risks: business risks; business disruptions; trade disruptions; targeted attacks; kidnapping; cargo transport
Risk development
While global incidents of piracy and armed robbery against ships (ARAS) have generally declined in recent years, Southeast Asia has seen a marked resurgence since the beginning of 2025. The Straits of Malacca and Singapore (SOMS) in particular recorded 63 incidents in 2023 and 62 in 2024, indicating a downward trend. However, this trajectory shifted significantly in H1 2025, with 80 incidents reported – exceeding each annual total of the previous two years in just six months, highlighting a sharp escalation in maritime threats along one of the busiest maritime routes in the world.
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