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Wednesday, 19 May 2010 - Cameroon attacks show pirates are heading south |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Bangkok burns as protesters surrender | Video 11:36am EDT Euro rallies but stocks fall after German ban | Video 10:58am EDT Disgruntled voters take down veteran senator Arlen Specter 6:55am EDT Google beats Microsoft in smartphones, catching Apple | Video 11:37am EDT Analysts' View: Thai protest leaders surrender 5:04am EDT Germany's market curbs rattle Wall Street 10:43am EDT "Savagely beaten" Stanford asks to be freed 18 May 2010 UPDATE 1-Florida Keys tar balls are not from BP oil spill 9:09am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Germany declares solo war on speculators 10:48am EDT Study suggests processed meat a real health risk 17 May 2010 Bangkok burns as protesters surrender | Video 11:36am EDT U.S. reverses stance on treaty to regulate arms trade 14 Oct 2009 Professional social networking booming 18 May 2010 Google beats Microsoft in smartphones, catching Apple | Video 11:37am EDT Pesticides tied to ADHD in children in U.S. study 17 May 2010 Disgruntled voters take down veteran senator Arlen Specter 6:55am EDT Twitter expects hundreds of advertisers 8:23am EDT Google beats Microsoft in smartphones: Gartner 3:54am EDT Euro rallies but stocks fall after German ban | Video 10:58am EDT Cameroon attacks show pirates are heading south Richard Valdmanis DAKAR Wed May 19, 2010 11:17am EDT Related News Somali pirates seize Greek-owned ship in Gulf of Aden Wed, May 12 2010 Somali pirates free Bermuda-flagged ship, ransom paid Tue, May 11 2010 Captured pirates who seized Russian tanker are freed Fri, May 7 2010 Russian forces seize oil tanker from Somali pirates Thu, May 6 2010 Russian forces seize oil tanker from Somali pirates Thu, May 6 2010 DAKAR (Reuters) - An attack by gunmen on two ships anchored off Cameroon's major port of Douala shows pirates are extending their range in the Gulf of Guinea, an increasingly important source of oil to western markets. World Two Russian nationals from the cargo ship North Spirit and a Lithuanian captain from another vessel, Argo, were seized in the back-to-back raids May 16, according to the Russian Seafarer's Union and the owner of Argo. RSU spokesman Vadim Ivanov said there had been no contact as yet with the attackers. Lithuania-based Limarko Shipping, which owns the Argo refrigerated vessel, said in a statement that gunmen robbed the ship's safe and abducted the captain. Cameroonian authorities were not immediately available to comment. The raid was the latest in a string of pirate attacks in the Gulf of Guinea -- which stretches from the Guineas in the northwest to Angola in the south -- and marked a shift beyond the Cameroon-Nigeria maritime frontier where most attacks have been clustered. "There seems to be a pattern emerging. They are moving south," said Rolake Akinola, Africa analyst at Eurasia Group. "It is obviously a real concern. Douala is the hub for the CEMAC (Central African Economic and Monetary Community) region. Insecurity appears to be following increased investor activity." Douala's port serves land-locked Chad and Central African Republic, as well as some parts of the two Congos. Cameroon last month blamed piracy for part of a 13 percent slide in oil production in 2009. The country's output averaged 73,000 barrels per day last year, down from 84,000 bpd in 2008. The Gulf of Guinea is also home to major oil producers Nigeria, Angola, Gabon, and Equatorial Guinea as well as soon-to-be exporter Ghana. Attacks in the Gulf of Guinea are not on the scale of those off Somalia, where pirates are earning tens of millions of dollars from seizing merchant vessels, but analysts say the insecurity off West Africa could affect shipping and investment. "Oil companies won't stop doing business because of piracy but we may see much more caution," Akinola said. "It could exacerbate an already downward trend of production." The U.S. military is training West and Central African navies and coast guards to combat piracy, drug smuggling and illegal fishing in the Gulf of Guinea -- a region Washington estimates will supply a quarter of U.S. oil by 2015. Ivanov said the seized Russians included chief engineer Igor Shumik, who was among the 15 sailors aboard the Arctic Sea vessel that vanished for nearly a month last summer and which Russian authorities said had been hijacked by pirates near Sweden before being intercepted by the Russian Navy. The other missing Russian is Boris Tersintsev, the North Spirit's captain, Ivanov said. World     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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