Shipping funds anti-piracy initiative

Initiative giving money to UNDP. 

Joint Shipping Initiative funds new Somali anti-piracy project

By Laura Stackhouse

The Joint Shipping Initiative, will give $1.5 million additional funds to the UNDP to boost security in Somalia and improve the lives of locals.

A shipping initiative made up of Shell, BP, Maersk, Stena, NYK, MOL and “K” Line have agreed to give $1.5 million to a United Nations’ Development Programme for an anti-piracy project in Somalia.

The Joint Shipping Initiative will help fund the UNDP’s Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia, a project which seeks to improve the lives of Somalis and security for seafarers traversing the area.

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Source: readmt.com

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