The U.S. has threatened to ban ships from entering Nigeria unless the sub-Saharan African nation improves security in its ports and waterways, Bloomberg Businessweek reports.
Maritime Piracy
News & Analysis
22 May 2013
WASHINGTON, D.C. — Somali piracy is declining as more commercial vessels employ armed guards, foreign navies ramp-up security and courts dish out justice to offenders, but “progress is still fragile and reversible,” a State Department official warned yesterday.
21 May 2013
The European Union has allocated €37 million (about US$47.7 million) for its Regional Maritime Security program to strengthen the fight against piracy in several Eastern and Southern African countries.
14 May 2013
Sunship Schiffahrtskontor KG has confirmed that all of its five crew members who were abducted during the boarding of its container ship City of Xiamen off the coast of Nigeria on April 26 have been released.
06 May 2013
Container lines CMA CGM, MSC, Maersk Line and Hamburg Süd have met to discuss the threat of piracy in the Gulf of Aden, the Indian Ocean and West Africa.
10 Apr 2013
The cost of Somali piracy to the global economy in 2012 dropped 13 percent year-over-year to about $6 billion, as navies and private armed guards stepped up their presence to prevent attacks...
26 Mar 2013
AdvanFort has named Dimitrios Angelopoulos, a retired Hellenic Navy submarine commander, as its new business development manager.
25 Mar 2013
Two Italian ship guards accused of killing two Indian fishermen off the Kerala coast in February last year returned to New Delhi on Friday evening, easing a standoff that threatened to strain diplomatic ties between the two countries.
21 Mar 2013
Nearly two dozen West and Central African countries have set up an agreement to combat the threat of piracy and maritime crime in the two region’s coastal waters, including the notorious Gulf of Guinea, Reuters reports.
19 Mar 2013
Danish Ship Protection has teamed up with Dan-Bunkering and in the future will begin offering Dan Bunkering’s customers maritime security solutions.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
Piracy, the Shared Risk