GlobalData: Gulf of Guinea Piracy ‘Blooming’ Due To Lack of Naval Presence

Pirates will continue to prey on the lucrative West African oil trade, with more piracy and hijacking incidents expected in the Gulf of Guinea, as long as the political complexities surrounding naval presence in territorial waters continue, says an analyst with research and consulting firm GlobalData.

According to Jeffrey Kerr, GlobalData’s Managing Analyst covering Downstream Oil & Gas, most of the pirates in the West African region are believed to be part of its countries’ thriving black market for crude oil and refined products.

Kerr says: “The Gulf of Guinea accounts for about 10% of the world’s crude oil exports, as well as many other products such as cocoa and metals, which are highly sought by the generally armed pirates on West African waters.

“Furthermore, many of the ships in West Africa are too large to move into port and must be moored offshore, making them easy targets for armed pirates, while the region’s shipping rules, which state that crews cannot be armed, deems defense even more difficult,” the analyst continues.

A recent published study found that in the first half of 2013, there were 31 reported piracy incidents and one hijacking in West Africa, compared to nine incidents and two hijackings offshore Somalia, the former world hotspot for such activities.

Another reason for the decline in piracy in Eastern Africa, according to Kerr, is because of an international naval presence that has armed crews on the ships offshore Somalia. Other measures, such as trying and convicting pirates in US courts, have also forced them to seek other locations.

In order to counter the problem of piracy on the west coast of Africa, the African Union member countries agreed to set up a regional center in Cameroon to study the issue and adopt a code of conduct. However, significant hurdles remain regarding naval presence on West African waters.

“Those countries won’t allow each other’s navies into their territorial waters. The pirates are well aware of this and are able to exploit it,” concludes Kerr.

Press Release, August 16, 2013
 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply