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Piracy and Security Risk Management Strait of Hormuz crisis

Asia armed robberies decline but Hormuz turmoil raises regional risk

  • Incidents in the first half of the year fell by 65% compared to the same period a year ago because of stronger deterrence from law enforcement
  • Straits of Malacca and Singapore accounted for 60% of incidents reported in 1H26, despite an 74% decline in incidents compared to last year
  • But risks lie ahead as the Hormuz turmoil prolongs, with ships stalled Asia being potential targets

  • Analysis

The Hormuz crisis could also pose a significant distraction for authorities and defence firms, leaving surveillance gaps elsewhere

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