#ANINews “Narcotics trafficking” Indian Navy Chief flags rising Maritime Crime, trade disruption in Red Sea

“Narcotics trafficking” Indian Navy Chief flags rising Maritime Crime, trade disruption in Red Sea
Speaking on the Indo-Pacific Regional Dialogue (IPRD), Navy chief Admiral Dinesh K. Tripathi said, “… According to a recent report, global C1 trade growth is projected to stall at 0.5% in 2025, a sharp drop from 2.2% in 2024… The Red Sea crisis has demonstrated how a single maritime chokepoint can ripple through global freight indices, insurance premiums, and food prices. The seas are witnessing a surge in activities that blur the lines between competition, crime, and conflict. Illegal, unreported, and unregulated fishing; piracy; arms and narcotics trafficking; human smuggling; etc., have emerged as major maritime stressors. According to the United Nations Food and Agriculture Organisation, fishing activities are responsible for the loss of 11 to 26 million tons of fish every year, which is estimated to have been valued between $10 and $23 billion. At the same time, smuggling networks are increasingly exploiting ungoverned maritime spaces..

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