Connect with us

Published

on

Mogadishu, 9 May 2017 – The European Union (EU) Naval Force hosted the Prime Minister of Somalia, H.E Hassan Ali Khayre, aboard the flagship ESPS Galicia,on Monday, to highlight the cooperation existing between EU and the Federal Government of Somalia, in policing Somalia waters.

Briefing Room

Singapore-flagged tanker attacked off Somalia but escapes

Published

on

AP — Mogadishu – An international anti-piracy force says a Singapore-flagged chemical tanker has exchanged fire with attackers off the coast of Somalia before escaping unharmed.

The European Union anti-piracy force says in a statement that the MT Leopard Sun was attacked by two skiffs early on Friday about 160 nautical miles off central Somalia. A private security team on the tanker fired warning shots and the skiffs turned away about 20 minutes later.

The Horn of Africa nation saw a brief resurgence of pirate attacks a year ago.

The EU statement says Friday’s attack is “likely to be piracy related” and is the first such attack since November.

The statement says the chemical tanker had been en route from Oman to Cape Town, South Africa.

Continue Reading

Piracy

Can Somalia’s fishing industry keep pirates out of business?

Published

on

Continue Reading

Piracy

Rising piracy on Indian Ocean spells high insurance charges

Published

on

Daily Nation — Cases of piracy in Indian Ocean off Somalia coast increased in 2017, raising fears that sustained attacks could raise insurance and freight costs for Kenya importers.

Nine piracy attacks were recorded off Somalia in 2017, up from two in 2016, a new report shows, as global attacks dropped to a 22-year low.

“The dramatic incident, alongside our 2017 figures, demonstrates that Somali pirates retain the capability and intent to launch attacks against merchant vessels hundreds of miles from their coastline,” Mr Pottengal Mukundan, International Maritime Bureau (IMB), director said in a statement.

The increase in such attacks usually comes with costs such as increased insurance premiums, longer freight routes as vessels avoid hot spots and additional cost of hiring private armed guards.

For country that imports more than Sh1.3 trillion worth of consumer and industrial goods, the increased cost is eventually passed to the consumer through higher retail prices.

In their heyday six years ago, Somali pirates launched 237 attacks off the coast of Somalia in 2011, the IMB says, and held hundreds of hostages.

That year, Ocean’s Beyond Piracy estimated the global cost of piracy was about $7 billion.

The shipping industry bore roughly 80 per cent of those costs, the group’s analysis showed.

But attacks fell sharply after ship owners tightened security and avoided the Somali coast.

Intervention by regional naval forces that flooded into the area helped disrupt several hijack bids and improved security for the strategic trade route that leads through the Suez Canal and links the oilfields of the Middle East with European ports.

The IMB data shows a total of 180 incidents of piracy and armed robbery against ships took place globally, the lowest level of sea-based crimes to be recorded since 1995, when 188 reports were received.

Continue Reading

TRENDING