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The increase in piracy in Somalia has been a result of several internal and external factors affecting the region. Find out the main causes of piracy in Somalia and ways to reduce its effects on shipping.
Iran’s Navy has defeated a pirate attack on an Iran-based cargo vessel in the Gulf of Aden, the Iranian Press TV reported on Saturday. Some unidentified pirates had attacked the vessel on Friday.
It has been over 10 days since the Indian seafarer has been missing. He is believed to have been abducted by sea pirates from their ship, the MV Tampen, that has been anchored in Gabon, the West African nation
The Gulf of Guinea ranks as the piracy hotspot of the world, with more than 95% of vessel crewmembers kidnapped globally in 2020 in the area. Insurance magnate-Allianz Global Corporate & Specialty SE’s (AGCS) – offered this data.
A continued downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the ‘High Risk Area’ (HRA) for piracy in the Indian Ocean, which will apply from 1 September 2021.
Modern day maritime piracy is a world-wide phenomenon that poses a serious threat to international shipping. An economic approach to the control of maritime piracy is based on the general economic theory of law enforcement that views offenders (pirates) as rational decision makers who would respond to threatened punishments.
Global maritime charity Stella Maris has signed up to the Gulf of Guinea Declaration on the Suppression of Piracy, demonstrating the organisation’s commitment to eradicating the scourge of piracy.
Citadel refers to a room where the ship’s crew can hide during marine piracy attack.This anti piracy method can protect the ship’s crew against maritime piracy.
Maritime Safety Committee resolution calls for greater collaboration to tackle escalating attacks in Gulf of Guinea.