About 50,000 ships use the strait every year, carrying a quarter
of the world's sea-borne trade, including half its tanker-shipped
oil........
The danger has prompted
Lloyd's Joint War Committee to designate the (Malacca and
Singapore ) straits as a war and terrorism risk.
Shipowners, who normally take out annual policies, will have to
approach their underwriters before going through it and a premium
may be charged, with potential effects on global trade.
Neil Smith, the marine manager Lloyd's Management Association,
said: "The number of incidents has come back to pre-tsunami levels
if not more. Sooner or later one of these attacks is going to go
badly wrong, we fear."
fr Pirates resume their attacks after post-tsunami lull
By Sebastien Berger, South-East Asia, Correspondent (Filed:
20/07/2005)
fr
http://news.telegraph.co.uk/news/main.jhtml?xml=/news/2005/07/20/wpirate20.xml
This news was also quoted by Foreign Minister George Yao in ZAOBAO
front page 30.07.2005.
Clear and present danger in our door step!!