The risks facing freight moving through supply chains at home and especially abroad are on the rise, with direct cargo thievery only one of many threats.
Once per week somewhere around the world, there is what’s considered to be a “terrorist attack” on the global supply chain – with cargo trucks and trains carrying Western-branded goods the main targets.
"Thousands of tonnes of fuel oil cargo stolen for the black market"
Security consultants Protection Group International Ltd. (PGI) have warned that oil theft will continue to fuel the trend of rising piracy in South East Asia.
“A high demand for illicit oil will continue to drive fuel theft and the targeting of small, low freeboard tankers in the region,” said PGI.