Tougher action by international navies and the use of private armed guards on ships have more than halved the number of Somali pirate attacks, the International Maritime Bureau (IMB) said on Monday. Last year, Somali piracy in the busy shipping …
More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise in coming weeks, industry officials said on Tuesday. Pirate attacks …
A report compiled by David Rider of Neptune Maritime Security points out that, despite the “best efforts of the world’s navies and EU NAVFOR in particular, pirate attacks continue in the area off the Horn of Africa- Somalia, the Indian …
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed. The IMB said the “sharp rise was driven …
