Petrol Piracy
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Petrol Piracy
Petrol piracy also sometimes called oil piracy or petro-piracy, is an act of piracy that specifically involves petroleum resources, or their transportation, consumption, and regulation. It should not be confused with the term oil war, as although both involve petroleum, petrol piracy always involves at least one of the aggressors being ship or boat-borne. Although it may seem not as prevalent in today's modern society due to plummeting oil prices and lower attack rates, a number of specific incidents have still occurred in-addition to the fact that, since the start of COVID-19 there has been an unprecedented resurgence in piracy incidents (petrol piracy-included). In contrast to traditional piracy, petroleum ships are generally targeted over merchant, as it serves as a means to fight back against 'resource control' within the region. List of notable maritime petrol piracy acts * Maritime Jewel (2002) **Previously called the 'MV LIMBURG', this oil tanker suffered an explosion a ...
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COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December 2019. The disease quickly spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 are variable but often include fever, cough, headache, fatigue, breathing difficulties, Anosmia, loss of smell, and Ageusia, loss of taste. Symptoms may begin one to fourteen days incubation period, after exposure to the virus. At least a third of people who are infected Asymptomatic, do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, Hypoxia (medical), hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure ...
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Petro-piracy In The Gulf Of Guinea
As a practice of piracy, petro-piracy, also sometimes called oil piracy or petrol piracy, is defined as “illegal taking of oil after vessel hijacks, which are sometimes executed with the use of motorships” with huge potential financial rewards. Petro-piracy is mostly a practice that is connected to and originates from piracy in the Gulf of Guinea, but examples of petro-piracy outside of the Gulf of Guinea is not uncommon. At least since 2008, the Gulf of Guinea has been home to pirates practicing petro-piracy by targeting the region's extensive oil industry. Piracy in the Gulf of Guinea has risen in the last years to become the hot spot of piracy globally with 76 actual and attempted attacks, according to the International Maritime Bureau (IMB).ICC International Maritime Bureau (2021): “Piracy and Armed Robbery against Ships”, ICC-IMB. Most of these attacks in the Gulf of Guinea take place in inland or territorial waters, but recently pirates have been proven to venture fu ...
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Resource Curse
The resource curse, also known as the paradox of plenty or the poverty paradox, is the phenomenon of countries with an abundance of natural resources (such as fossil fuels and certain minerals) having less economic growth, less democracy, or worse economic development, development outcomes than countries with fewer natural resources. There are many theories and much academic debate about the reasons for, and exceptions to, these adverse outcomes. Most experts believe the resource curse is not universal or inevitable, but affects certain types of countries or regions under certain conditions. Thesis As far back as 1711 ''The Spectator (1711), The Spectator'' wrote "It is generally observed, that in countries of the greatest plenty there is the poorest living". The idea that resources might be more of an economic curse than a blessing emerged in debates in the 1950s and 1960s about the economic problems of low and middle-income countries. In 1993 Richard Auty first used the term ...
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Maritime Terrorism In Southeast Asia
Maritime terrorism in Southeast Asia refers to acts of extreme maritime violence committed with political motives within the Southeast Asian region. Despite seaborne terrorist attacks accounting for only 2% of all international terrorist incidents from 1978 to 2008, according to RAND's Terrorism Database, Southeast Asia has proven a hotbed of maritime terrorism. Due to the high frequency of pirates in the region, many Southeast Asian-based terrorist groups have appropriated piratical tactics in carrying out their violent political struggles. In 2003, the International Maritime Bureau reported that out of the 445 actual or attempted piratical attacks on merchant vessels, 189 occurred in Southeast Asia, which was more cases than either Africa or Latin America, with 121 attacks occurring in Indonesian waters and 35 attacks occurring in Malaysian and Singaporean waters. In 2004, while the number of actual and attempted attacks fell to 325, Southeast Asia remained at the top of the regio ...
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