Bunkers linked with piracy rise

Analysis by Risk Intelligence. 

Analyst Links Singapore Bunker Players with Increase in Region’s Fuel Piracy, says it’s “the Perfect Product to Steal”

Higher bunker standards in Singapore may be inadvertently causing ships departing from the city-state to be targeted by pirates, suggestsSingaporean media.

Bunkers are considered the “the perfect product to steal” because they are “nearly untraceable,” according to Karsten von Hoesslin, special projects manager of Risk Intelligence.

To continue reading, please click here.

Source: shipandbunker.com