Tag: Southeast Asia
In 2024, the International Maritime Bureau (IMB) reported 116 piracy-related incidents worldwide, a figure that remains largely consistent with recent years. However, the nature of these attacks is shifting—with a troubling rise in hostage-taking and the use of weapons, posing new challenges for seafarers and the maritime industry at large.
Indonesia is set to lead the Southeast Asian region with a projected economy of $1.5 trillion, positioning itself as a major economic powerhouse, according to IMF.





