With piracy in West Africa on the rise, a newly released report highlights how pirate attacks in the Gulf of Guinea are far more violent than in Somalia and less-focused on ransom, requiring the industry to take a different approach to curb attacks.
02 May 2014
The International Maritime Bureau reported the lowest first-quarter level of global piracy attacks this year since 2007, although the agency warned that the threat of piracy is still present.
30 Jan 2014
CMA CGM has announced the launch of a new direct service from the Middle East to Somalia.
15 Jan 2014
Global piracy fell to a six-year low in 2013 as international navies and private security guards significantly reduced attacks by Somali pirates, the International Maritime Bureau reported.
10 Sep 2013
Members from Somalia’s government and the European Union have again met to discuss how to strengthen maritime security and economic development in Somalia.
18 Jul 2013
Rising political instability in Somalia and increasing global demands on national navies will continue to be major factors contributing to ongoing piracy activity in the Gulf of Aden in the medium-to-longer term...
15 Jul 2013
Somali pirate attacks have fallen to the lowest level since 2006, but ships face a surge in violent incidents off the coast of West Africa, the International Maritime Bureau said.
27 Jun 2013
Members from Somalia’s government and representatives from the European Union have met on board the EU Naval Force Portugal-flag ship NRP Alvares Cabral to discuss how to strengthen maritime security...
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.
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...
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