Taking stock of Bangladesh’s maritime vulnerabilities
March 15, 2024
DHAKA – The Bangladesh-flagged bulk carrier MV Abdullah, owned by Chattogram-based SR Shipping, a subsidiary of KSRM Group, was en route from Maputo, Mozambique to the United Arab Emirates, carrying a cargo of 55,000 tonnes of coal. On March 12, at approximately 1:30 pm Bangladesh time, the vessel came under an attack by Somali pirates in the waters of the Indian Ocean. There were 23 Bangladeshi crew members on board at the time of the attack.
Maritime piracy presents significant challenges to Bangladesh, particularly in light of recent developments, such as the tensions caused by Houthi rebels of Yemen in the Red Sea. The incident of piracy off the coast of Somalia has added a new dimension to it. It is important to note that the threat of maritime piracy is not something new for Bangladesh. A similar incident occurred in 2010 when the Somali pirates hijacked a merchant ship. For Bangladesh, maritime security represents both a traditional and non-traditional security threat. As a coastal country, Bangladesh is heavily reliant on its water bodies, and thus a threat to its maritime security is a direct threat posed towards the country. At the same time, modern piracy has evolved into a more complex and organised form, exacerbating its threat to the country’s security and economic stability.
As a maritime nation and an export-dependent economy, Bangladesh relies heavily on its maritime resources for trade, transportation, and economic growth. Ensuring maritime security is thus a basic requirement for safeguarding its territorial integrity and promoting sustainable development. The rise of modern piracy further underscores the urgency for the country to prioritise maritime power. Strengthening naval