Abstract
International trading flows have always been the subject of geopolitical risks and conflicts. Different stages of the supply chain, trade always face inherent challenges caused by geopolitical realities along given routes. In this study, the data concerning piracy and armed robberies of ships reported to the Global Integrated Shipping Information System were considered. The statistics include the information on the incidents during the period between 1998 and 2018 on different types of ships, in two most strategic areas, namely the South China Sea (SCS) and the Strait of Malacca (area 1) and the Strait of Hormuz and the Persian Gulf (area 2). According to the GISIS reports, most of the incidents occurred in the South China Sea and the Strait of Malacca are respectively 1684 and 610. Because of the importance of both the Strait of Hormuz and the Malacca Strait as the most vital waterway in the world, it is necessary to have a clear picture of the security situation in the two aforementioned Straits. This research allowed us: 1) to make a distinction between the security in two aforementioned areas; 2) to represent the source of the information for researchers.
Highlights
The piracy acts date back to the second millennium in the Minoan Mycenaean world. (Caskey 1969) Maritime safety of many countries is at risk because of piracy and armed robbery issues.(Barrios 2005) Nowadays, one of the main threats facing the international shipping community in the Gulf of Guinea, the South China Sea, the Western Indian Ocean, and the Strait of Malacca, in the territorial waters off Somalia, is armed robbery and piracy
According to the U.S Energy Information Administration, total flows through the Strait of Hormuz had been 18.5 and the Malacca Strait 16 million barrel per day until 2016.(EIA 2017a) The depth and width of the Malacca Strait allow the passing of the biggest oil tankers, which provide over 65% of total oil shipments delivered by tankers with the bearing capacity of 150,000 tons.(EIA 2012a) Problems or breaks concerning oil export through the Strait of Hormuz can influence world oil cost extremely
This article presents the comparison of strategic areas, the main MSR, namely from the SCS to the Strait of Malacca and from the Strait of Hormuz to the Persian Gulf
Summary
International trading flows have always been the subject of geopolitical risks and conflicts. Different stages of the supply chain, trade always face inherent challenges caused by geopolitical realities along given routes. The statistics include the information on the incidents during the period between 1998 and 2018 on different types of ships, in two most strategic areas, namely the South China Sea (SCS) and the Strait of Malacca (area 1) and the Strait of Hormuz and the Persian Gulf (area 2). According to the GISIS reports, most of the incidents occurred in the South China Sea and the Strait of Malacca are respectively 1684 and 610. Because of the importance of both the Strait of Hormuz and the Malacca Strait as the most vital waterway in the world, it is necessary to have a clear picture of the security situation in the two aforementioned Straits.
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