Paying the price may cause piracy to rise
Following the rise in incidents involving piracy and hijacking in the Somali basin, EU Atalanta warns that ships are urged to maintain a heightened state of vigilance.
Read moreFollowing the rise in incidents involving piracy and hijacking in the Somali basin, EU Atalanta warns that ships are urged to maintain a heightened state of vigilance.
Read moreSomali pirates released the hijacked ship, MV Abdullah, and its crew of 23 on April 14 after a $5 million ransom was paid, as reported by two pirates.Somali pirates released the hijacked ship, MV Abdullah, and its crew of 23 on April 14 after a $5 million ransom was paid, as reported by two pirates.
Read moreEU Naval Force ATALANTA has issued an update on the piracy threat off the coast of Somalia, following an increased number of reported incidents.
Read moreAccording to Reuters, India will bring in and prosecute 35 Somali pirates captured by its navy after they hijacked a ship off the coast of Somalia. This marks a shift from its previous approach of rescuing hijacked vessels and crew but not prosecuting the disarmed pirates.
Read moreIn this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines the threat to shipping in the Red Sea and Gulf of Aden as well as off the coast of Somalia.
Read moreAccording to BIMCO, in recent months, Somali pirates have repeatedly attacked and hijacked a number of merchant vessels in international waters. These incidents serve as a grim reminder of the critical importance of BMP5 (Best Management Practices to Deter Piracy and Enhance Maritime Security in the Red Sea, Gulf of Aden, Indian Ocean, and Arabian Sea) in the shipping industry.
Read moreReleased on 11th January 2024, the annual Piracy and Armed Robbery Report of the ICC International Maritime Bureau (IMB) raises concern over the first successful Somali based hijacking since 2017.
Read moreUnited Kingdom Maritime Trade Operations (UKMTO) and British maritime security firm Ambrey said that a Liberia-flagged bulk carrier had reportedly been boarded by armed individuals southeast of Eyl, Somalia, Reuters highlights.
Read moreA wounded crew member was successfully evacuated by the Indian Navy from the MV Ruen, a vessel flying the flag of Malta. The Bulk Carrier belonged to Navigation Maritime Bulgare, a business based in Bulgaria close to the Yemeni island of Socotra, and was taken over by unknown assailants on December 14.
Read moreUS MARAD calls operators of vessels transiting the Persian Gulf, Strait of Hormuz (SoH), Gulf of Oman, Arabian Sea, Gulf of Aden, Bab al Mandeb Strait, Red Sea, and Somali Basin to demonstrate extra vigilance as regional conflict, military activity, and political tensions pose threats to commercial vessels operating in these areas.
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