Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia,…
Tag: Somali piracy
Resurgence of Somali piracy worries IMB
The International Maritime Bureau (IMB) has expressed worry over increase in maritime piracy off the…
Somali piracy risk still high, warns UN
The hijacking of a tanker off Somalia’s coast shows the threat pirates still pose to one of…
Cost of Somali piracy down 50% as attacks fall
The cost of Somali piracy to the global economy fell by almost half last year as…