Sea piracy falls to 5-year low as Somali gangs retreat

By REUTERS
January 16, 2013 17:06

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

LONDON - International naval patrols off Somalia and armed private guards on board ships have driven pirate attacks to a five-year low in 2012, but the risk to shipping off west Africa is growing.

Somali piracy in the busy shipping lanes of the Gulf of Aden and the northwestern Indian Ocean off east Africa cost the world economy some $7 billion in 2011, according to the American One Earth Future foundation.Global pirate attacks on ships fell to 297 in 2012, compared with 439 in 2011, and was at its lowest since 2008 when 293 incidents were recorded, watchdog the International Maritime Bureau (IMB) said on Wednesday.



About 10 percent of those attacks resulted in the ship being successfully hijacked. Twenty eight vessels were taken in 2012, down from 45 in 2011 and 53 in 2010.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
January 18, 2019
Treasury Secretary Mnuchin declines to testify on gov't shutdown

By REUTERS