September 2012 Despite a significant drop in pirate attacks in the first half of 2012, maritime authorities are warning shipping companies not to get too comfortable. International navies have had success patrolling the Indian Ocean and Gulf of Aden, bringing a 54 per cent decrease in attacks. However, they won’t be able to stay in that […]
Future Piracy Scenarios
September 2012 A recent report release by the Gulf Petrochemicals and Chemicals Agency, in conjunction with AT Kearney, attempts to forecast the future of global piracy. Worldwide shipping faces an elevated threat from piracy, which has been plaguing the water off of east Africa for the past several years. As a huge percentage of global […]
African Oil Industry Suffers from Piracy; Challenges Ahead for Ghana
August 2012 The rise in piracy off of various coastal regions in Africa has the entire world concerned, and African states are scrambling to address the issue. The waters off of east Africa are the most infamous, as Somali pirates have gained quite a murderous reputation for marauding in the Indian Ocean. But equally damaging is […]
Somali Piracy
Since 2009, piracy in the waters off the eastern coast of Africa has grabbed the world’s attention and become a major problem for commercial and industrial shipping. Initially, many were caught off guard– the first vessels, hijacked in later 2008, were successfully ransomed for millions of dollars. Since those first incidents, the international community and […]
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