Somali Piracy Has Almost Been Eradicated

January 7th, 2014
in News, econ_news, syndication

by Felix Richter,

Antipiracy measures have had a dramatic impact on the number of attacks off the coast of Somalia over the past 5 years. Activity reached its zenith in 2009 and 2010 when 46 and 51 vessels were hijacked respectively.

Follow up:

The number of pirate-related incidents including boarding attempts and firing on vessels reached a high of 182 in 2010. However, collective action involving international naval patrols and new antipiracy guidelines for captains sailing in dangerous waters off the Somali coast have had a far reaching impact.

In 2012, the number of incidents involving Somali pirates fell to 32 while just 7 vessels were hijacked. The threat was almost eradicated in 2013 when just two incidents of piracy were reported.

Despite this success, however, maritime security experts have stressed that all of these gains could be lost if funding for the international naval presence evaporates.

Infographic: Somali Piracy Has Almost Been Eradicated | Statista
You will find more statistics at Statista



Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved